Even though cryptocurrencies have not yet completed a decade, they are among the most sought-after investment. As of yet, no one actually knows how to analyze them with 100% accuracy, but there are some tools and services that give you an ample amount of crypto insights and can help you make strategic decisions while your research.
In this article, we will be sharing some of the must-have crypto tools that one should use to improve their research on crypto before investing
. These tools are being used by most crypto investors worldwide to get the best out of the crypto revolution. However, please bear in mind that these tools and services only give you insights that you, as an investor, have to analyze and decide for yourself.
is a cryptocurrency analysis and research platform designed to offer you transparent information on each cryptocurrency. It describes itself as a site made for cryptocurrency market analysis and investment stats. However, the site claims that its information cannot be used for investment advice rather for informational purposes. Their formulas for the calculations are provided by themselves and their base information by CrytoCompare and CoinMarketCap.
is a web service ranking cryptocurrencies based on the commit history of their most popular Github repository. Using CryptoMiso, one can check how many commits a particular crypto project has done in a given time frame. Commits are nothing but the number of times the code is improved or added to the code base.
Over the past years, the cryptocurrency market has seen amazing growth. With more and more projects popping up, investors are having a hard time properly tracking their investments
. The huge diversity found in the crypto coins and tokens
means that crypto enthusiasts need an all-in-one platform through which they can manage their investments in dozens of different projects at numerous different exchanges
and get a better understanding of their assets. We recommend CoinStats
or Delta App
, which shines as a portfolio management tool for one simple reason: it’s designed specifically to make strategic decision making easier. It gets the kinds of decisions you’re going to make and places as few clicks as possible between you and making that happen.
Mobile wallets have pretty decent security and easy functionality using QR codes, allowing you to make quick transactions. We recommend Coinomi
, which is the most popular mobile wallet. It allows you to store, receive, send, and swap multiple cryptocurrencies directly from your iOS or Android device. It supports over 125 coins and 300 ERC20 tokens
. It’s a decentralized mobile wallet, and Changelly provides the build-in swapping services.
is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for another cryptocurrency, usually bitcoin
. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase a company’s shares. If you’re interested in investing in such projects, then a calendar is a must. There are many calendars available, a simple search on google with offering you everything you need. Don’t forget to #DYOR (Do Your Own Research)
properly to avoid scams
is a simple portfolio management website
for the busy person. It adapts smart investors’ ideas outside of crypto to introduce simple automated strategies that can help increase returns. Shrimpy has two main advantages: ease of diversifying crypto-assets and automatic re-balancing for increased returns and decreased volatility. You decide your allocations, and Shrimpy takes care of the rest. Deposit crypto on an exchange, use a simple interface to select which cryptocurrency allocations you want in your portfolio and monitor your investments over time.