Best Cryptocurrency Portfolio Apps (2021)

Golden bitcoin (BTC) in a pile of bronze fiat currency

It can be a complete nightmare to keep track of your cryptocurrency investments and trades.

I know from personal experience. I started with Excel but found that even with a small (<200) number of trades, it was hard to actually use this information to make good decisions (e.g., when to buy and sell). I found I was wasting loads of time sorting this out too. Sound familiar?

There are loads of options out there (I’ve listed all the ones I know of at the end). Some are gems, but others are complete trash.

In this post, I’m going to rank the best 5 cryptocurrency portfolio management and tracking apps (or sites) of 2021.

Read more

BitConnect Scam: Crypto’s Biggest Ponzi Scheme

Pyramids in the desert with blue skies on a sunny day.

On the 16th January 2018, the BitConnect scam collapsed.

They announced that they were shutting down their lending and exchange platform on the 21st January 2018. Following this news, BitConnect’s coin value nosedived from a daily open of $255.91 to $19.28 by the end of the day. That’s an 87% drop.

And by the end of the year, BitConnect was no longer available to trade on any cryptocurrency exchange. At the height of BitConnect’s value, it had a market capitalization value of approximately $2.6 billion (over $430 per coin). It was now worthless.

But what was BitConnect? Was it obvious that it was a scam? What led to its collapse?

Read more

Bitcoin Investment Strategy (2021): HODL vs Trading

Two basic trading charts

If you’re thinking of investing in cryptocurrency, then there are two main investment approaches you can take: HODL and trading.

In this post, I cover what the characteristics of the HODL and trading investment strategies are. I’ll also touch on the approach that I take, which is a mixture of both HODLing and a little bit of trading for fun.

Read more

Best Cryptocurrency Resources

Book with glasses resting on top

In this post, I’ve put together a curated collection of cryptocurrency resources.

To find more resources, check out some of the other lists I’ve linked to at the end of this post (or click here).

Read more