TOP 10 BEST Crypto Research Tools: 2021 Edition!! 🤓

in #tools4 years ago

Altcoin Season Index 1️⃣

This tool is all about trying to help you work out when it is an optimal time to be in altcoins and when you might want to be in BTC to preserve that Sat value. Swing between Bitcoin and altcoins at the right time and that will certainly help your portfolio out.

2️⃣ CryptoQuant 2️⃣

This data analytics website gives you graphical visualizations for BTC, ETH, stablecoins and altcoin fund flows.That’s pretty useful for giving you a better understanding of what other people are doing in the market. So, if a ton of people are sending crypto to an exchange, it’s pretty reasonable to assume they are going to sell. That data can be a useful indicator to help you anticipate those market moves.

3️⃣ Coinmarketcal 3️⃣

This cryptocurrency calendar tells you about all those important upcoming events for that crypto project you might be hodling or be casting your eye over.

Yes, you could spend hours looking through a project’s Telegram, Twitter and blog posts, but who has the time for that?

That type of information could be pretty useful for traders who want to look forward to events that may impact on the price action of a crypto.

4️⃣ Glassnode 4️⃣

This is an on-chain market indicators site, showing data for Bitcoin and Ethereum. This data can be a particularly useful indicator for predicting the tops and bottoms of market cycles. So yep, pretty useful if you want to buy low and sell high.

Also, metrics like the number of new and active addresses can be used to get a top level overview of the markets - lots of new addresses probably signal a lot of newbies entering crypto.

5️⃣ CoinDance 5️⃣

This website provides data on things like hash rates, network nodes, transactions and things like that.

On top of that, they also have P2P trading volumes broken down by country. This gives you a solid indicator on how crypto adoption is going in various countries.

6️⃣ 3Commas 6️⃣

This tool is for you crypto traders out there. The 3Commas community have created a pretty useful backtesting tool to check how that trading strategy of yours would have fared using historical price data.

You can also use the paper trading function to test your strategy in real-time too!

7️⃣ ByBt 7️⃣

This is a derivative data analytics tool and provides a boat laid full of data for advanced crypto traders out there. Here you can check the futures & options open interest, funding rates & longs vs. shorts across a range of different exchanges.

There are also other useful features which I talk about in the vid.

8️⃣ CryptoPanic 8️⃣

This crypto news aggregator brings together the latest happenings in the cryptoverse by trawling through trusted news sites and social channels.

So, if you are spending ages sifting through crypto news, then save some time and use this tool.

9️⃣ Messari 9️⃣

This is a crypto research aggregation site and brings with it a plethora of different data points. The standout feature is called ‘Screener’, which basically gives you a ton of ways to sort coin data by customizing filters - pretty useful for creating that altcoin shortlist.

🔟 TradingView 🔟

This is a cloud-based charting and social networking platform. I actually use it to see how some of the top crypto TA experts are positioning their portfolio and what they are forecasting. That sentiment analysis can be pretty useful when weighing up that trade.

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i think CryptoQuant is the best tool. Nice post anyway. Do follow me as well, mate!