Even after testing numerous alternatives to CoinTracking, I haven’t been able to find any cryptocurrency portfolio manager which has as much functionality for the same cost.
In this review, I’ll walk you through some of its best features and why it’s the #1 cryptocurrency portfolio manager available.
If you have a pile of cash which you want to invest in the financial markets, how much should you invest in bitcoin? Should you diversify into other cryptocurrencies as well? Are the opportunities in the cryptocurrency market so juicy that you should just go all in? Or maybe just a humble 1%? Or perhaps somewhere in between those extremes?
In a previous post, I talked about dollar-cost averaging (DCA) – an investment strategy which is simple to setup and should reduce the impact of Bitcoin’s volatile price on your average purchase price. There’s another piece of the puzzle I want to discuss though: ‘buying the dip’. In this post, I delve into why you 100% should buy the dip, why most people don’t or can’t, and how to set yourself up to take advantage of opportunities.
Want a simple strategy for investing in cryptocurrencies like Bitcoin (BTC)?
Then you need to know about dollar-cost averaging (DCA).
In this short post, I’ll overview what dollar-cost averaging is and how it can reduce your risk exposure, blood pressure, and get you investing ASAP.
How do you decide whether a cryptocurrency or token is worth purchasing or investing in?
Where do you start? What’s important and what’s not?
This post details the initial questions which I ask myself about a cryptocurrency before independently deciding whether to conduct more in-depth research. This isn’t extensive or complicated but has served as a valuable starting point to evaluate projects.
Read moreCryptocurrency Investment: Ask Yourself These Questions
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 moreBitcoin Investment Strategy (2020): HODL vs Trading