An Altcoin Trader's Handbook

Why I bought this book:I am very new to trading crypto (< 1yr). I have always been in it for the long haul, meaning I intend to hold most of my crypto for several years.I realized mid-2018 that I was leaving money on the table - most of my coins would (obviously) rise and fall with every passing day. I worked up the courage to trade, but just like many other rookie traders, I did not spend enough time doing research, and I got trampled.That's why I decided to actually take the time and start reading everything I could get my hands on. I read hundreds of articles, blog posts and books for months. If only I had just bought THIS book first...In the one week it took for me to read (and then reread) this book, I learned more than I had in an entire year reading articles and blog posts online.Why this book was a complete game-changer:This is not one of those books that is full of filler material. The Bitcoin Standard, for example, was a great book, but the author repeatedly went on rants that were almost completely irrelevant to anything that could be considered within the realm of the topic. Nik starts this book off with a little bit of history about himself, as it relates to his journey with crypto. I got a lot out of this section alone, and those who are relatively new to the crypto space will, too. Nik takes you through the evolution of Bitcoin and cryptocurrency by retelling the story of how he got involved in late 2013, and he does such a remarkable job of articulating every detail of his experience from beginning to end. As a reader, it made me feel like I went back in time and was watching all of this unfold in real-time, and learning along with him. New crypto traders can relate to everything he talks about in this first section.I’m not going to describe every chapter, but the point is that this book is SO dense with information, it does almost take a second read to fully grasp everything he talks about. Like I said, so many books out there go off-topic so often, (just for the sake of throwing extra words in there to thicken the book) that it’s difficult to follow the author, and you find yourself fighting to not put it down and completely forget about it. But since you’re invested, you finish the book and realize you hardly learned anything.Nik puts into plain English seemingly everything he knows about trading crypto; Technical analysis, reading order books, fundamental research, controlling emotions, risk management, market psychology is all in here, and so much more. I’ve never in my life been so excited over a book. I feel as though I have an arsenal of tools now to capitalize on my trading like never before.You won’t find this information anywhere else, because this is Nik’s personal journey with altcoin research and trading, and this is how he became successful – by building a trading strategy from scratch. Nik literally word-for-word breaks down the exact approach he takes when researching a new altcoin in Chapter Five called “The Process.” No other book, blog post, or article I’ve ever read goes further into detail than Nik with a step-by-step process of how to find diamonds in the rough in the vast sea of altcoins.It’s going to take a lot of time and focus to put all of this information to work and actually profit, but if you’re serious about becoming a successful trader, this very well may be the only book you’ll ever need.

If you are interested in trading crypto or simply want a clearer view of what that entails, I think this may be an excellent book for you.The author shares the story of his own experiences, both good and bad, and then gives a detailed step-by-step approach to both the fundamental and the technical analyses he uses to evaluate and then trade the cryptocurrencies he selects.I found his remarks very insightful and his writing style easy to understand and follow.

It's a thorough book with solid advice and insight. It's worth the read and should definitely be followed in terms of its general principals. While slightly older, its a good read. I'm curious how Nik Patel might look at more modern defi, altcoins, NFTs, and technologies. At the same time, nothing here is incorrect and its entirely readable.

Good read for people specifically looking for small or midcap altcoin trading. Good soind methodology for longer term positions. Very good info on fundamental analysis a bit light on the technical side.He may consider updating as some of the sites and exchanges he references no longer exists.

Rarely does a successful trader share his/her strategies in such depth as Nik does. With hard work and discipline to execute trades he has made money. And fortunately for the newbie, or a seasoned pro, Nik shares his experience, strength and hope with us. He is available to answer questions from traders,which is rare, and his book is outstanding. As a former trader on Wall Street I am returning to trade the cryptosphere using Nik's book as the foundation for my trading success. I know the techniques he uses to trade will work for me, and I will make money! Thank you Nik for sharing your knowledge and know how with all of us. Yours in successful speculation, Don.

The book is comprehensive and perfect for educating any crypto fool with lots of hope and no plan. Great education and now I have a plan. I will see if I can over come the Psychology of a Market Cycle by distributing at Euphoria while accumulating at Depression

Nik Patel did an amazing job with providing valuable information. The book goes into full detail on the Fundamental and Technical Analysis of altcoins. Great descriptive charts to go with the reading as well. Couldn’t be happier with my purchase and I always recommend it to my friends now.

Pros:Found the history of his career entertaining. Some solid advice around technical analysis and his system for finding the next altcoins to trade with.Cons:Information is no longer relevant in many areas. I went to those sites regarding rich lists and I think they are now defunct. The pictures in this book are horrible. I'm not sure why they didn't use larger paper and color the graphs. It's so blurry I barely see anything. It's like the photos were taken with a potato. And regarding criteria to look for when it comes to circulating supply versus total supply, I get the mechanics behind this but also this is quite dated. Many new coins have a bad ratio but there is a lock up period that makes less circulating supply fine in my opinion.Overall I think customers would benefit a lot more from some sort of online live trading view technical analysis video rather than old potato pictures.We live in a new era. The best approach to investing in alt coins that can really pump is getting into private sales/presales which he makes 0 mention of. And also using the number of venture capitalist backing as another criteria is something that was missed.