Has anyone read this recently-published book?

BMK said:
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We know how books about trading are. There is, at least, one book available for every single TA shitty indicator.

This one is for losers, crypto losers. I am sure there is a market for them.

Disclaimer: I don't trade shit coins, otherwise I would be in that list of losers as well.
 
TrAndy2022 said:
You mean anything else than fulltime trading for a living ? Of course not. I only live from trading and have also no other plans for the next decades. But I read over 1000 trading books, so I have a "nose" for books with good or rich content. Also myself I wrote 1 large scientific book and 4 scientific studies (almost the size of 1 book altogether of those 4 shorter studies in sum), (for obtaining my doctor degree [related to trading (!)]). So I know how to write a good organized book and how it should look like. There is a lot of garbage out there if you just look on Amazon books. Books from Phds and doctors are far more organized and you do get definitely some richer content. But of course there are many other good books too on the lower level, which are readable and have some value. Your mentioned book does not play in that league (very obviously) at all, sorry.
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Just curious, is English your first language?
 
Frederick Foresight said:
Just curious, is English your first language?
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no I had English as foreign language in school for some years only. And I have never lived in an english speaking country too.
If you read and studied Shakespeare congratulate to you. I do not know those 500,000 different english words which are available in English.
On over 90% of those words there are no proper translations possible in my mother language, because we do not have so many different words at all.
 
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The_Krakenite said:
LOL! I've been planning to read it just to see how terrible it is. We've already discussed the author here on Elite Trader recently I believe. The author is literally one of the WORST crypto-traders in existence. So now he has turned bearish and advises to everyone else it is a failure and to get out.

He recently tried to pump his book on CNBC, and it did NOT go well for him.

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Nice hit piece.

Here's the actual interview without asshole interference:


In any event, I like the assessment of the book by a couple of Pulitzer Prize-winning journalists, who are the first two of the following reviewers:

“If you're looking for a smart, savvy road map through the mayhem of the cryptocurrency madness, Easy Money is the guidebook for you. Ben McKenzie has given us a wry and knowing saga of his personal quest to expose the crypto charlatans, and his sleuthing uncovers a world of frauds, true believers, and opportunists that you won't soon forget.”―Ron Chernow, Pulitzer Prize–winning and New York Times bestselling author of Alexander Hamilton and The House of Morgan

“Ben McKenzie takes us on an amazing journey, guiding us through the astounding story of how a bizarre cast of swindlers and scammers persuaded millions of people to take leave of their senses and part with trillions of dollars, only to put them into the surreal and illusory world of so called ‘crypto assets’ and watch them vanish into thin air. When it is all over, the last couple of years will prove to have been one of the strangest episodes in the history of money.”―Liaquat Ahamed, Pulitzer Prize–winning author of Lords of Finance

“Ben McKenzie's Easy Money is a perfectly timed page-turner that gets to the heart of the fundamental scam that was (and is) the mania around cryptocurrency. It's a devastatingly well-told story of greed, con men, and endless gullibility. McKenzie goes down the rabbit hole, only to become a full-throated skeptic who then takes us along on his journey of enlightenment and discovery, proving once again that if something seems too good to be true, it probably is.”―William D. Cohan New York Times bestselling author of Power Failure and House of Cards

“Superb . . . the terrible story of our economic times.”―Julian Zelizer, coeditor of Myth America and professor of history and public affairs at Princeton University

“Easy Money is a deceptively ambitious project—at once a riveting account of the financial crime of the century, and a thoughtful meditation on the nature of democracy and what we owe each other.” ―Zachary Carter, author of The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes

“Easy Money is a smart, fast-paced, and timely exposé of corporate greed, fraud, and incompetence masquerading as genius. Simultaneously illuminating and infuriating, authors McKenzie and Silverman’s page-turning book goes on a global journey to explain how crypto is the latest Ponzi scheme orchestrated to seduce and defraud the masses while benefitting the very few.”―Wajahat Ali, author of Go Back to Where You Came From
 
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As a side note: Cryptos are the currencies for criminals, because they cannot use anything else. Second except ETH and BTC nearly all cryptos follow a pump and dump scheme like on those shady penny stocks. So there is one initial hype and then any crypto goes to zero. Best is, you can get hacked anytime and your whole crypto money can be stolen with no chance to get something back.
 
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TrAndy2022 said:
no I had English as foreign language in school for some years only. And I have never lived in an english speaking country too.
If you read and studied Shakespeare congratulate to you. I do not know those 500,000 different english words which are available in English.
On over 90% of those words there are no proper translations possible in my mother language, because we do not have so many different words at all.
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Okay.
 
TrAndy2022 said:
Cryptos are the currencies for criminals, because they cannot use anything else. Second except ETH and BTC nearly all cryptos follow a pump and dump scheme like on those shady penny stocks. So there is one initial hype and then any crypto goes to zero. Best is, you can get hacked anytime and your whole crypto money can be stolen with no chance to get something back.
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I haven't read the book yet but, for the most part, I think that's the general conclusion of the authors.
 
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