Crypto Tools Every Investor Should Use
If you’re investing in crypto, it’s essential to have the right tools to navigate the complex crypto landscape. In this article, we’ll discuss four free tools that can help stretch your gains and reduce your losses.
1) CoinStats
CoinStats is a portfolio tracker for DeFi users that also tracks NFTs across multiple blockchains. It provides a bird’s eye view of all your crypto investments, ensuring you don’t lose track of your coins on lesser-used chains or dApps. You can download CoinStats’ dApp from platforms like Apple App Store, Mac App Store, and Google Play Store.
2) Crypto Fees
Crypto Fees is a website that tracks the fees earned for various blockchains and dApps. It offers insights into which projects are earning the most revenue from their fees, indicating their popularity. However, fees paid should not be the sole factor in determining a project’s popularity.
3) Nansen
Nansen is a powerful tool designed for on-chain investors. Its features include portfolio management, research insights, and a search function called Nansen 2 that provides real-time alerts for on-chain events. While Nansen has paid plans, you can start with its free plan to familiarize yourself with the platform.
4) ReveloIntel
ReveloIntel is a research-focused platform that offers free access to analyst insights, snapshots of crypto asset performance, and project breakdowns. It also provides a daily newsletter and Telegram updates. Signing up for ReveloIntel’s free plan gives you valuable research and analysis sent to you regularly.
Hot Take: The Importance of Crypto Tools
Having the right crypto tools is crucial for successful investing in the crypto market. These tools allow you to track your portfolio, monitor fees, gain on-chain insights, and access valuable research. By leveraging these tools, you can make better-informed decisions and maximize your gains while minimizing losses. Remember to do your due diligence and use these tools as a supplement to your own research and analysis. With the right tools at your disposal, you’ll be well-equipped to navigate the ever-changing world of crypto.
Althea Burnett stands as a luminary seamlessly blending the roles of crypto analyst, relentless researcher, and editorial virtuoso into an intricate tapestry of insight. Amidst the dynamic realm of digital currencies, Althea’s insights resonate like finely tuned notes, reaching minds across diverse horizons. Her ability to decipher intricate threads of crypto intricacies harmonizes seamlessly with her editorial finesse, transforming complexity into an eloquent symphony of understanding. Guiding both intrepid explorers and curious newcomers, Althea’s insights serve as a compass for well-informed decision-making amidst the ever-evolving currents of cryptocurrencies. With the craftsmanship of a linguistic artisan, they craft narratives that enrich the evolving narrative of the crypto cosmos.
