In the world of cryptocurrency trading, it’s important to be informed and stay up-to-date on the latest developments. To become a successful trader, you need access to reliable tools and resources that can give you an edge in this increasingly crowded marketplace. Fortunately, various crypto trading tools and resources are available today, making the process easier than ever before. Whether you’re just getting started or have been trading for years, these best crypto trading app will help you get the most out of your investments.
1) Crypto Exchanges: The Most Popular Crypto Trading Platforms
Many different types of exchanges are available today, from traditional exchanges like Nasdaq to more specialised platforms like Binance and Coinbase Pro. No matter which type of exchange you choose, they all offer basic features such as order books, charting tools and price alerts. With so many options available, it can be difficult to decide which one is right for you. However, some of the most popular choices include Coinbase Pro, Bittrex, Kraken, Huobi Global, Bitfinex and OKEx.
2) Technical analysis charts: Analysing market trends
Technical analysis is a powerful tool used by traders to analyse market trends and predict future price movements. By using technical analysis charts with data points such as support/resistance levels or moving averages, traders can gain insight into how the market might move in the near future. Some popular charting platforms include TradingView, Coinigy and Bitcoin Wisdom.
3) Portfolio trackers: Keeping track of your investments
Keeping track of multiple investments can be tricky, but portfolio trackers make it easy by providing an overview of your positions at any given time. These services allow users to monitor their individual investments across multiple exchanges, while also tracking their overall performance over time. Popular portfolio tracker apps include Blockfolio, Delta , Cryptocompare, Cointracker, Token Metrics and Coingecko.
4) News Sites & Podcasts: Stay Informed
Staying up to date with cryptocurrency news is essential for any serious trader. There are several dedicated news sites such as Coindesk and CoinTelegraph that provide regular updates on new developments in the industry along with helpful analysis written by experts in the field. Other great sources include podcasts such as Unconfiscatable hosted by Tatiana Moroz or The Breakdown by Nathaniel Whittemore.
5) Crypto communities: Collaborate and learn
Joining online crypto communities is another great way for traders to learn more about cryptocurrencies while connecting with people who share their interests. Telegram channels such as Crypto Birds (for those interested in altcoins) or Whale Club (for day traders) are two popular examples that offer valuable insights from experienced professionals in the field as well as networking opportunities with other like-minded individuals around the world.
6) Online courses: self-paced learning
For those looking for more structured learning opportunities, there are numerous online courses available today, covering everything from basic concepts such as blockchain technology to advanced topics such as technical analysis or algorithmic trading strategies. Udemy has one of the largest collections of crypto courses, with classes taught by top instructors from around the world at very reasonable prices, starting at $15 per course.
7) Books & Whitepapers: Deep dive into specific topics
Finally, if you really want to dive deep into specific topics, then reading books written by experts in the respective fields would be your best bet. For example, if you want to learn more about bitcoin, its history, its underlying technology, etc. then Andreas Antonopoulos’ Mastering Bitcoin would be an excellent place to start. Alternatively, if you are interested in DeFi projects, then studying whitepapers published by leading projects in the field could also prove invaluable.
8) Conclusion: Get started today!
With so many top-notch tools and resources now accessible via our computers, phones, tablets, etc., it’s never been easier for anyone with an internet connection to get involved in cryptocurrency trading, whether they’re just starting out or seasoned veterans looking for ways to up their game. All it takes is a little research, dedication, persistence, patience, discipline and some good old fashioned luck thrown into the mix – but we believe that with the right approach, anyone can potentially become a successful trader, no matter where they come from!
