WHAT IS COINGECKO

The coingecko provides the users of cryptocurrency with the informations they need regarding the trading and how the crypto market runs. If the traders understand the trends of the crypto market, it will assist them in making the right choice and taking trading decisions that will generate profit and not bring them losses.

Using coingecko a trader will know when to enter the market and when to leave the market. Another function of the coingecko is that it helps the users or traders to know the persons who are fronting a particular coin and also to know the rise and fall pattern of a particular coin at a specific point.

We can say that the coingecko is an excellent tool for investors since it helps in minimizing the rate at which loss occurs and helps the traders to maximize their profits, it can also be used to predict a coin in the crypto market.

EXPLORING COINGECKO

For us to be able to explore the features of the coingecko, the first thing to do is to visit their official website which is https://www.coingecko.com/ below are some of the main features of the coingecko

COINS: the coin feature of the coingecko shows us the arrangement of the top 100 coins, the prices of these coins are also arranged based on their market capitalization

EXCHANGES: this provides us with information's on exchange platforms and helps the trader to know if an exchange platform can be trusted or not using the trust score feature as shown in the image below

THE PORTFOLIO: this feature helps the trader to keep track of a cryptocurrency coin, to be able to make excellent decisions in their trading activities

NFTs: this shows the available non fungible tokens like game items, crypto artwork etc. It presents the top 100 NFT coins by their market capitalization

PUBLICATION: here you see all crypto publications like guides, report journals etc

TRADING VIEW

the trading view platform is used for tracking the cryptocurrency coins, it can be used to analyse and track the prices of crypto pairs, it can be referred to as an online charting platform, the trading view platform is quite user friendly as it features are not so complicated and can be understood easily by even a beginner.

With the chart feature of trading view, a trader can monitor the trends of a cryptocurrency coin pair, this will aid the trader in making excellent decisions in regards to trading. Trading view is available for virtually all devices like the desktop, personal computers, it has an iOS version and can also be downloaded from the android phone app store.

For beginners who do not have the experience of trading, the trading view platform has a demo feature that is the paper trading where a trader van practice trading till he is confident in his trading abilities, this will also contribute in mimizing loss and maximizing the profit rate of the trader.

In trading view the traders have the opportunity of learning new concepts, customizing the chart to suit their preferences, adding indicators to the chart to help facilitate and better analyze a cryptocurrency pair, also the trader can chart with other traders, ask questions and like we said earlier practice trading.

HOW TO ADD INDICATORS TO CHARTS IN TRADING VIEW

Below are the various steps that you can follow to add indicators to your charts in trading view:

1.Login to the platform www.tradingview.com

2.After choosing the coin of your choice it will display the chart for the coin

3.Click on the indicator icon at the top of the screen

4.You can use the search bar to look for your indicator and select it

Congratulations you have succeeded in adding your desired indicator to the chart

MODIFYING THE INDICATORS IN TRADING VIEW

1. After adding the indicator to the chart click in the setting icon on the indicator

1. Now you can set the indicator to suit your preference

CRYPTOCURRENCY PORTFOLIO

the cryptocurrency platform helps the trader in keeping an inventory of their various investments. The traders with the aid the cryptocurrency portfolio can monitor the performance of each coin and also analyze coins.

In the cryptocurrency portfolio you can add as many coins as you want to keep track of, with the cryptocurrency tracker a trader will not have to login into different websites of different coins to be able to be informed on the activities of that coin since the cryptocurrency portfolio provides the trader with the opportunity of adding any coin of their choice into one place and can keep track of them all at the same time. Also with the cryptocurrency portfolio the traders are able to see their profits and losses.

THE CRYPTOCURRENCY WATCH LIST

As the name 'watch list' implies, the cryptocurrency watch list is actually a list that contains the coins that a trader had selected to monitor or keep an eye on.

The cryptocurrency watch list allows the traders to trace the movements of the coins they selected as their favorite coin, the watch list is monitored to help the trader know when an opportunity emerges and also to assist the traders in keeping track of their performances

WHAT ARE NEEDS FOR PORTFOLIO MANAGEMENT

This has to do with a cryptocurrency trader being able to manage their coin in a way that will reduces the rate at which they experience losses and increase their profit rate, because it is by using the portfolio that a trader can keep trackon the activities that takes place in a coin to be able to maximize profit from the coin.

The trader instead of just investing one coin in their cryptocurrency portfolio, it is advisable that the trader invests in different coins as this will reduce the risk of too much losses should in case a coin investment fails.

Cryptocurrency portfolio management will provide the trader with the equipped knowledge on when it is right to enter the cryptocurrency market and when the trader should exit.

FIVE (5) CRYPTI ASSETS I WILL LIKE TO ADD TO MY WATCH LIST

Dogecoin: Dogecoin over the months has proven to being a profitable coin, with the record surge it witness during the previous month before it started to bleed. This has spurred my interest into monitoring to see the market activities of the coin in recent times.

Bitcoin cash: Bitcoin is one of the prominent cryptocurrency so i have decided to monitor and study it to know when to invest in the coin or not.

steem: this is a coin associated with the steemit community and often a reward on post. Therefore, i would like to monitor it because the current value determine my reward.

steem dollars: it is a stable form of cryptocurrency. It is also a reward on post published on the steemit community. Therefore, I put it on my watch list for proper periodic evaluation.

Ethereum classic: I desire to invest into this coin and so I have added it to my watch list for monitoring and analysis.

CONCLUSION

I hope by the end of this writeup we have been able to understand the coingeckco's features and the use of every feature in it and also realise the importance of using the trading view in our trading activities.

Thank you for reading my post.

@reminiscence01

Cc: @steemcurator02