Blockfolio – Bitcoin and Altcoin Portfolio
While there are many tools which allow for the management of regular investments such as stocks, bonds, and mutual funds, few tools are available for the management of cryptocurrencies. To meet this niche market, Blockfolio is an app which allows for simple and seamless management as with a regular investment portfolio. With the ability to track performance, holdings, and prices, those who invest in several different cryptocurrencies can significantly benefit from the app. Beyond simply showing the holdings of the various cryptocurrencies, Blockfolio also shows the relevant news articles that pertain to the specific currencies that a user may hold so that they can get the latest information to make buying and selling decisions. This ensures that investors do not need to manually search for related news, but instead are automatically provided with the most important news as they occur automatically. One of the most captivating features of the app is that it supports over 800 different cryptocurrencies so Blockfolio can benefit nearly any crypto-investor.
Coin Ticker – Bitcoin, altcoin tracker & portfolio
For those who are serious traders who need the most up-to-date information on the trading status of various cryptocurrencies, Coin Tracker is one of the easiest tools to find a significant amount of information. The details that can be derived from the app include prices, bids that are made from buyers, asks that are made from sellers, trading volume, and historical performance of each currency. With all of this information, traders are able to make more informed decisions that has a quantitative focus. Similar to Blockfolio, Coin Ticker also lets users track their portfolio of cryptocurrencies in a way that is easy to understand. What differentiates the app as a portfolio management tool is that all of the cryptocurrencies can be converted and shown as the national currency of the user so that it is easy to compare and evaluate the performance instead of having to manually interpret the prices and comparing the different currencies in their own prices. All of these tools make Coin Ticker a great platform for keeping up with cryptocurrency performance.
BTCnews – Bitcoin & Cryptocoin News & Charts
As with any investment portfolio, keeping up with the changes by following the news can be a time consuming and boring process. For this reason, BTCnews is one of the best news related apps pertaining to cryptocurrencies. By only focusing on the realm of alternative currencies, readers do not need to search for the news themselves, but are automatically shown only the most relevant stories related to the currencies of their choice. This degree of personalization lets users filter their news feed with only the news that they are interested in, ensuring that the time spent searching for news is reduced and instead can be allocated towards critical thinking and analysis. Given the international nature of cryptocurrencies, the news that is presented on BTCnews is aggregated from around the world so that readers have all of the news no matter where they are. Highly important to ensure that users understand the fluctuations in the market as well as long term effects, the app can provide extremely useful insights.
Coinbase – Buy Bitcoin & more. Secure Wallet.
One of the most exciting aspects of cryptocurrencies is the ability to buy, sell, or use them as a form of payment which has a high degree of anonymity. For this reason, Coinbase is one of the limited tools that can be utilized to actually buy the cryptocurrency such as Bitcoin or Ethereum. The information that is available includes current prices, historical prices, and bid/ask spreads so that better, more informed decisions can be made about purchases. One of the best features of the app is that users can set up notifications on when a price hits a certain price so that if the currency hits this price, a trade can be made. For example, this is highly applicable for when a user wants to sell when the currency has reached a certain price or buy when it has dropped to a specific value. Deviating from the notion that purchasing various cryptocurrencies requires a significant amount of technical knowledge or sophisticated technologies, Coinbase is perfect for those who are new to the space and are interested in purchasing different cryptocurrencies. Extremely easy to use, this solution offers one of the most fictionless methods available.
Given the difficulty associated with cryptocurrencies such as buying, managing, and selling, the process of getting started can be an extremely daunting process. To streamline and democratize the complex nature of cryptocurrencies, the apps listed in this article are able to significantly ease the space so that those who are new and veterans of the alternative currency realm are able to benefit alike. From buying to researching and managing a portfolio, employing a combination of these apps can greatly reduce the confusion with engaging in the space.
