Steemit Crypto Academy Season 3 Week 6 | Cryptocurrency Investment Tools Homework post for Professor @reminiscense01 by @lordhojay

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COINGECKO

TM Lee and Bobby Ong founded CoinGecko in 2014 as a cryptocurrency platform. CoinGecko is a Singapore-based software that provides basic cryptocurrency analysis. It contains key data such as asset market statistics (prices, market value, market capitalization), cryptocurrency asset philosophy (news from across the world, publications, and other information about the currency), asset growth, and much more. It has given those who don't know much about an asset they want to invest in the opportunity to learn more before making a decision.

WHY COINGECKO IS AN ESSENTIAL TOOL

CoinGecko is an amazing investment tool since it provides information on over 5000 cryptocurrencies as well as crypto market news, allowing users to do vital research and make informed decisions in order to maximize profits and avoid losses. It helps investors maintain track of their holdings.

FEATURES OF COINGECKO

CoinGecko checks price, volume, and market capitalization to provide a fundamental assessment of the cryptocurrency market.

Trending
CoinGecko gives its customers access to the most popular cryptocurrencies, including big movers, high-volume coins, and freshly introduced tokens.

Derivative Market Info
In addition, CoinGecko allows you to check into derivative markets for certain information. For each exchange, you can see the basis, spread, funding rate, open interest, and 24 hour trading volume.

Coin-Specific Information
For each coin, CoinGecko provides a single description. Each currency is described in detail in a single description. The coin's website, source code, wallets, block explorer, and community are all accessible via links. For example, looking at a cryptocurrency's price trend, recent block activity, and so on.

Trust score algorithm
The trust score method is used to rank the exchanges in CoinGecko. The problem of phony volume and rampant wash trading is solved by the trust score algorithm.

CoinGecko candy
When people utilize CoinGecko, they are rewarded via a loyalty incentive scheme. These candies can be redeemed at the candy reward store for prizes.

Coins
The top coins are listed by market capitalization, ranking, categories, high volumes, derivatives, leverage, large changes, and Discover on CoinGecko.

Recently Added Coins
Every investor is looking for the next big project to invest in, and the crypto world is no different, which is why Coingecko includes a feature called Recently Added Coins. This feature assists users in learning about the most recent coins generated and displayed on the Coingecko.

TRADING VIEW PLATFORM

The Trading View is a web-based chart analysis software that allows users to see current chart analysis and displays of many assets. The trading view differs from other chart analysis systems in that it offers multitasking analytical capabilities that can be utilized to deliver concrete price analysis for a variety of assets.

Firstly I will click on indicator and it will open a tab.

After I will choose the indicator I want to add to this chart. Which will be zigzag indicator

I can hide the indicator or change the setting or remove by clicking on of these tabs respectively that are already indicated in a box. I want to change the setting so I will click on the setting tab.

PORTFOLIO
A cryptocurrency portfolio is a piece of software or a website that keeps track of a trader's cryptocurrency holdings. It allows the trader to keep track of and analyze each coin's performance.

The cryptocurrency portfolio of a crypto trader is a collection of coins and tokens that he or she holds. It shows how much money has been invested in various bitcoin types. The worth of a coin in your portfolio is determined by its value. Price updates, live feeds, market activities, and other features are available on the majority of them. As a trader makes additional crypto investments, his or her portfolio becomes more diversified. It might be difficult to keep track of all of your investments at times.
In this case, a portfolio tracker would be advantageous because it would allow the trader to quickly see the performance of their investments.

WATCHLIST
A watchlist is a collection of cryptocurrencies that a trader keeps track of in order to keep an eye on potential trading or investment possibilities.
A well-organized watchlist can help a trader detect trading opportunities, track portfolio performance, and keep an eye on hot popular stocks.

NEED FOR PORTFOLIO MANAGEMENT
Portfolio management recommends the best investment plan for each individual based on their budget, income, age, and risk tolerance.

• Portfolio management lowers the risks of investing while also increasing the likelihood of return.

• Portfolio management enables the portfolio manager to provide clients with tailored investment solutions based on their specific needs and requirements.

• Portfolio management recognizes a trader's financial needs and can suggest the best and most risk-adjusted investing strategy for them.

Here is my watchlist and the 5 crypto assets I have added to it. I choose the Bit torrent also known as BTT
Dent is a used to buy data and card for Esim. it a very good project and has great potential. Wink is a token used to place bet on wink betting site. It also has potential to make big percent chabge. Reef and IOTA are good for trading. I'm monitoring them to build my trading skills.

Thank you for reading...

Cc:-
@reminiscence01