Arsentev Dmitriy Olegovich
Investing in cryptocurrency
INTRODUCTION
There are over 5,5 thousand of different cryptocurrencies and this number is only increasing every day. For new investors and traders, the choice of cryptocurrencies in which to invest their own funds is becoming more and more difficult, since it is necessary to analyze a lot of factors that affect the value of a particular cryptocurrency. Consequently, the risks of investment and capital loss multiply. To become a successful investor or trader, you need to create a diverse portfolio of coins that you can easily manage, but it is a difficult task to do.
The cryptocurrency market offers a lot of investment opportunities. The main challenge is to miss out on as few investment opportunities as possible. You must manage to read hundreds of news from various media every day, and you need to keep track of different topics depending on your preferences. Constantly monitor ICO, STO, IEO entering the market. Constantly monitor the prices of different cryptocurrencies in an extremely volatile market. If you are involved in an Airdrop find a project that tracks the loudest ones.
The cryptocurrency market is changing at lightning speed. You must have timely access to the most important information for a better investment.
RESOURCES
Hello. If you are interested in cryptocurrency, or if you are looking for promising cryptocurrency projects, or are a versatile investor, you must have high-quality resources to build your portfolio, track it, search for new projects, track the main news of the cryptocurrency world. Today I want to talk about the most popular resources that everyone who is interested in the world of cryptocurrencies should know.
One of the most important and sought after platforms is coinmarketcap. Coinmarketcap (Crypto-Currency Market Capitalization) is a service that allows you to monitor the capitalization of almost every cryptocurrency that exists today. With its help, on charts you can monitor the dynamics and trading volumes of any of the monitored cryptocurrencies for a different period of time. Most importantly, the service provides access to many more interesting features:
Rankings:
1. You can view recently added tokens.
2. Biggest Gainers and Losers tokens – that is, those tokens that have grown most in price per day and vice versa.
3. Derivatives.
4. Top DeFi Tokens by Market Capitalization.
Tools:
1. Cryptocurrency Converter Calculator, you can convert fiat money to any cryptocurrency.
2. Add your favorite coins and tokens to your watch list, you can track your favorite coins and tokens.
3. You can view historical snapshots.
CoinMarketCap Blog is a cryptocurrency blog that publishes news, market analysis, tips and guides. I think this should be interesting for many users.
Resources for tracking global cryptocurrency news:
CoinDesk is a media platform for the next generation of investors to explore how cryptocurrencies and digital assets contribute to the development of the global financial system. Its mission is to inform, educate and connect the global investment community through news, data, events and education. Founded in May 2013, CoinDesk attracts millions of people interested in digital assets and blockchain technology.
NEIRONIX is an analytical multi-factor scoring platform for ICO projects, which performs multivariate analysis of a large amount of data using new mathematical methods. The platform is intended for analysis and subsequent effective risk management of investments in projects with a high degree of uncertainty. The mission of Neironix is to provide private and institutional investors with the necessary analytical data and effective decision-making tools.
PRO BLOCKCHAIN a diversified company with partners all over the world. It has been operating since 2016 and this company, in my opinion, is one of the most promising in the CIS countries. The company cooperates with large projects in the field of cryptocurrencies.
BLOCK CRYPTO – The Block is a leading research, analytical and news brand in the field of digital assets. The Block team, founded in 2018 in New York, operates in 7 time zones, covering the global cryptocurrency and the 24/7 blockchain space.
CNBC – A major global media outlet that publishes news of the cryptocurrency market, including:
Medium – A platform for social journalism, the service was launched in August 2012 by Twitter co-founders Evan Williams and Biz Stone. Now a lot of famous authors and publicists exhibit their works there, including the prospects of the cryptocurrency market and promising projects.
Also a very important resource is You Tube. Here, in my opinion, you should pay attention to the number of subscribers on the channel, and also if you follow the forecasts made by the channel’s experts, you should compare them with the real situation of the cryptocurrency industry.
Russian – language channels:
Трейдер Анатолий Радченко. Here you will learn how to correctly approach trading on the stock exchange!
Alexander Gerchik. If you want to trade, learn from the best. A. Gerchik has been heading an investment fund for more than 10 years.
If you are tracking new and promising ICO projects, you should definitely look at the information on various ICO trackers. There you will find everything you need – expert assessments of a project, project activity on your social networks, documents that are a part of the project team, the project roadmap, tokenomics.
Bitcointalk is an important resource for communication with other users on the topic of cryptocurrencies.
Bitcointalk is an online forum dedicated to discussing bitcoins, blockchain technology and cryptocurrencies.
Cryptocurrency statistics:
Bitinfocharts – the most complete statistics on a single cryptocurrency.
Nomics – Nomics an API-first cryptoasset data company delivering professional-grade market data APIs to institutional crypto investors and exchanges. Project offer products and services that allow funds, fintech apps, and exchanges to access clean, normalized and gapless primary source trade and order book data.
All updates to cryptocurrency projects, when it comes out, what updates, conferences, hard forks will take place. An irreplaceable site when investing in certain coins and tokens:
CoinMarketCal is the leading economic calendar for reliable cryptocurrency news. It covers all events that help crypto traders make better decisions.
CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
Our objective is to elevate crypto participants’ understanding of fundamental factors that drive the market. CoinGecko is one of the largest and earliest crypto data aggregators, operating since early 2014. It currently tracks nearly 7613 tokens from more than 423 cryptocurrency exchanges.
Trade:
Simple and intuitive for beginners, and powerful enough for advanced charts – TradingView has all the tools for building charts that are needed to exchange and view trading ideas. Real-time data and browser-based graphics allow you to conduct research from anywhere in the world, as there are no settings or complex settings. Just open TradingView in any modern browser and start building charts, learn and share ideas!
Get better at trading and investing by seeing what others are doing. Browse published ideas and click Play to see how historical forecasts actually played out. Publish trading ideas to your TradingView profile and push them out to Twitter, your blog, or any other place on the web. Start making your name in the trading community and get discovered by trading firms! Start sharing your ideas today! Criticize and argue, comment and add important details, be active! Together, all these interactions make up the precious nuggets of knowledge that can be used by various traders all over the world.
Overview of cryptocurrencies, their rating:
If you are an investor you need a full analysis of projects. This will help you:
Info.binance – An altcoin trader’s Handbook. The reports comprise of extensive metric analysis, a dissection of the project’s community and its developmental progress, and its technical soundness, culminating in a final grading.
Altcointradershandbook – here you can find an overview of the cryptocurrency market, as well as reports on some coins and tokens.
Research.binance – binance Research provides institutional-grade analysis, in-depth insights, and unbiased information to all participants in the digital asset industry.
Cryptocurrency funds:
Cryptofundresearch – Crypto Fund Research is the main resource for timely data and market analysis of crypto hedge funds and venture capital.
Neironix – fund tracking.
500.co – 500 Startups is the most active global venture capital firm. The project seeks to support the world’s most talented entrepreneurs and create prosperous ecosystems around the world. The project has supported more than 2,400 companies or more than 5,000 entrepreneurs in more than 75 countries.
Republic – the financial portal and brokerage dealer are registered with the SEC and are members of FINRA, and if you are interested in startups, you’ve heard about Republic. Republic is part of a family of startup platforms along with AngelList and Product Hunt, one of the most trusted online startup ecosystems in the world. The project was launched in 2016 and did not stop there. A little over a year ago, they created Republic Crypto. Project has gained a reputation as an industry leader in regulated crowdfunding space and we continue to innovate on the democratization of start-up fundraising and investments.
Applications:
Blockfolio – The world’s most popular Bitcoin & cryptocurrency portfolio tracker. It’s 100% free. Now with Blockfolio Signal, a first-of-its kind communications platform for receiving updates directly from team leaders of the tokens you care about.
Coinstats – Setup and track your portfolio manually or by syncing your wallets or exchanges.
Cryptocompare – CryptoCompare is a central authority for clear and concise information, offering unrivalled breadth, scope and depth of data, bridging the gap between the crypto asset and traditional financial markets. Founded in 2014, CryptoCompare is a global cryptocurrency market data provider, giving institutional and retail investors access to real-time, high-quality, reliable market and pricing data on 5,300+ coins and 240,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges, and seamlessly integrating different datasets in the cryptocurrency price, CryptoCompare provides a comprehensive, holistic overview of the market. At a granular level, we produce: cryptocurrency trade data, order book data, blockchain and historical data, social data, reports and a suite of cryptocurrency indices.