Flyer maker
My dear Steemians, today I welcome you again to my post, @jasminemary. I am so happy to see that you stopped by here to read through my post, in which I discussed cryptocurrency tools as part of my entry to the contest that is organized in the SteemitCryptoAcademy community.
What is your understanding of cryptocurrency tools? Mention some of the tools you know in the crypto ecosystem.
My understanding of the word "cryptocurrency tools" is that cryptocurrency tools are those tools that help us to trade our cryptocurrency very well in such a way that we can use them to monitor and predict the price of cryptocurrency. This means that cryptocurrency tools can either be tools that provide us with technical and fundamental analysis or the price rate of a cryptocurrency.
Cryptocurrency tools can also be defined as tools that are used to monitor our cryptocurrency holdings. With the help of such tools that help monitor or track our cryptocurrency holdings, we can know the price at which a cryptocurrency is bought and the price at which we wish to sell it in the future. In the crypto ecosystem, there are several cryptocurrencies, some of which are mentioned below.
- Coinmarketcap
- CoinGecko
- Tradingview
- LiteFinance
- Messari
- Cryptowatch
- Shrimpy
Coinmarketcap, one of the most popular cryptocurrency tools, is used to track the price history and historical data of cryptocurrencies. Several crypto traders, including myself, use Coinmarketcap to create and manage their cryptocurrency portfolios so they can easily keep track of their holdings.
 https://coinmarketcap.com/ |  https://www.coingecko.com/ |
|---|
CoinGecko and Coinmarketcap work similarly because they both serve the same function and have similar features.
 LiteFinance |  Tradingview |
|---|
Tradingview and LiteFinanceare the two cryptocurrency tools that are used by both crypto traders and investors to study the price and volume of cryptocurrencies, which is normally called technical analysis. Both tools are used by traders to carry out technical and fundamental analysis.
Which of the tools mentioned above is your favorite, and why do you prefer it over others? Include how long you have been using it.
My favorite tool is TradingView. It is known as cryptocurrency tools, which serve as a stock screener and contain several useful tools that can be used to get more information about the cryptocurrency market. Just as I have earlier said, Tradingview is a tool that is used for both technical and fundamental analysis. Everyone can access it online (via the website) or through its application.
The reason why I prefer Tradingview as my favorite cryptocurrency tool is that it provides me with a lot of different features that I can use for both cryptocurrency trading and forex trading. And also, it provides me with different types of charts and other educational tools.
I have been using TradingView for more than 2 years now. I started using Tradingview right from the year that I joined Steemit in 2020, and I used the tools very well when we were seriously doing Crypto Academy lessons.
Prepare a step-by-step guide on how to use your favorite tool in a way that new users can utilize it to get an overview of the market. Include different features of the tool. (Screenshots required).
In using TradingView tools, you have to ensure that you create your account; if not, you cannot enjoy using the tools. In order to create your account as a new user, follow the steps below.
Step 1: Go to the Google search engine via your browser and type in "TradingView," then click on the first result as shown below.
Step 2: Click on "Get started" at the top right corner.
 |  |
|---|
Step 3: In the window that opens to you above, you can either register your account using any of the following: Facebook, Twitter, Google, In, Yahoo, and Email. To register via email, you click on "e-mail."
Step 4: Once you have clicked on email registration,
- Enter your username
- Enter your email and password.
- Once you enter your password, agree to the user's terms and conditions by clicking on the 2 boxes.
- Click on the captcha box to fill it
- Click on "Create Account."
Step 5: Once you have clicked on "create account," TradingView tools will send you a verification email link to the email you provide. Go to your email and open the message. Open it and click on "activate account."
- Once you have clicked on the activation link, choose a profile picture, enter your first and last name, and click on "Continue" to complete your registration.
After successful registration of your account, you will see tools such as:
- Chart
- Indicator
- Price tab
Highlight the advantages of crypto tools. Do you think the tools available at the moment are efficient? Would you like to see another one that serves a different purpose?
When it comes to the uses of cryptographic tools, there are several advantages to their use, such as:
It helps traders track their cryptocurrency holdings.
It helps traders carry out both technical and fundamental analysis.Crypto tools give us a clear view of the prices and movements of a cryptocurrency.
It helps us to know the historical data of a cryptocurrency.
Do you think the tools available at the moment are efficient?
Yes, I think the tools available at the moment are efficient for traders and investors. Although they are efficient, there is still a need for additional tools that can provide traders with more useful information regarding cryptocurrency.
And in this case, I would like to see other cryptocurrency tools that serve a different purpose, like providing cryptocurrency education and loans to people.
@yakspeace, @temitopef, and @roomi and I am inviting you.
It was very nice reading your post. I learnt many things from your research. Cryptocurrency tools are software programs that help in the management and analysis of cryptocurrencies. Some popular cryptocurrency tools are Coinmarketcap, CoinGecko, Tradingview, LiteFinance, Messari, Cryptowatch, and Shrimpy. These tools help in tracking the price history and historical data of cryptocurrencies, and provide technical and fundamental analysis. Your favorite cryptocurrency tool is TradingView, which provides several features for cryptocurrency trading and forex trading. To use TradingView, the user has to create an account and follow a verification process. The benefits of using cryptocurrency tools include tracking cryptocurrency holdings, performing technical and fundamental analysis, and studying the price and volume of cryptocurrencies. You feel that the current tools are efficient, but would like to see another one that serves a different purpose. After reading your post I have decided to write too on this topic. Wish you success
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you my good friend for supporting me.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your post has been supported by @josepha from team 2 of the Community Curation Program, at 30%. We invite you to continue sharing quality content on the platform, and continue to enjoy support, and also a likely spot in our weekly top 7.
Voting date:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is a good way for trading bitcoin. I would like to use it but it's hard to start using it on another platform. I started to use Crypto Bazooka Blog because it gave me all the info I needed as a beginner. Now try to do almost all my transactions using bitcoin. I think that the future of our future banking system is in cryptocurrencies. Even if now it's not as popular as it was before.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Greetings @jasminemary
This is very detailed post about the understanding of crypto tools. That's great to hear that you've had a positive experience using TradingView for your cryptocurrency and forex trading. It's clear that you have a deep understanding of the platform and its various features, which can certainly give you an advantage in the markets.
Having access to different types of charts and educational tools can also be very valuable, as it can help you to make more informed trading decisions. The ability to analyze market trends and make predictions based on historical data is an important skill for any trader, and having access to these resources can certainly help you to improve your results.
It's also great to hear that you have been using TradingView for more than two years and that it has been a helpful tool for you in your trading journey. It's evident that you have dedicated time and effort to learning about the platform and how to use it effectively, which is an important part of becoming a successful trader.
it would be great pleasure for me if you will visit my post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have shared an interesting and educative article with us dear friend on the topic of crypto tools.
Crypto tools can be used to track your performance over time. Many of these tools provide portfolio tracking and analytics capabilities so that users can keep an eye on their investments and make informed decisions about when to buy, sell, or hold their assets.
These tools offer a wide range of features that make them invaluable for anyone interested in investing or trading in the cryptocurrency space.
They are secure, user friendly, backed by a community, and offer a variety of features that allow users to protect their investments and stay informed about the markets.
Tradingview as you have rightly pointed out could be used for analyzing the crypto market as well as getting good signal for investors and traders alike.
Thanks for sharing such intresting article friend, I must commend that I love reading from you. Goodluck in this contest.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello @jasminemary,
How are you? Just came across your article and happy to see that you are taking part in S7W5 contest in this community.
After reading your content, I must say you have great knowledge on Cryptocurrency tools because you have mentioned those crypto tools that I have not seen myself and also here on other Steemians post. It shows how much knowledge you have which me and other lack.
You have shared that TradingView is your favorite tool and you are using it for more than 2 years.
You have also created step-by-step guide that shows how to use your favorite tool TradingView.
You said it right that it gives strong technical analysis and fundamental analysis all in one place. Another reason is it gives complete detail not only for Crypto but for other financial markets also that you can access from Global market menu item.
You have shared the advantages of these cryptocurrency tools and are these tools efficient for today use.
Overall, you have presented good high-value content that shows your full efforts in it. I wish you best of luck for the contest. Thank You :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello My Friend @jasminemary, It looks like you have been doing amazing work with cryptocurrency tools! I'm sure all the traders, investors and people in general who use these tools are greatly appreciative of your effort. Your post gave a great description about the various types of cryptocurrencies tools available in the market.
Cryptocurrency tools are indeed very efficient when it comes to tracking our holdings and predicting market prices. By using cryptocurrency tools, we get more information regarding our investments so that we can make better decisions. These tools also provide us with educational data which helps us understand the market better. The added advantage is that they're easy to use and save a lot of time when compared to other methods.
I believe these tools have made crypto trading and investing much easier for many people. Having access to real-time updates and quick analysis gives us an edge in the market. It's no wonder why these tools are so popular nowadays!
Thanks for sharing this valuable information. Keep up the great work!
Regards, @fabiha
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have written so well my friend on what cryptocurrency tool is all about. They are tools use by traders to monitor the movement of assets and possible make prediction as to the next trend of the asset at any point in time. There are indeed variety of tools of which you have also selected your favourite to be the tradingview website.
Tradingview is a tool that is use purposely by crypto traders to carry out technical analysis on any asset. These technical analysis include charts, use of indicators and many more. With the tradingview, one will be able to ascertain the direction of movement of the said asset. I wish you success in this contest my friend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit