Any professional trading tools in the crypto market?

[Moonblock]

Hello Bitcointalk comunity.

In traditional markets (forex, stocks, futures, commodities) you normally have access to premium professional tools that you have to pay extra because they are not included on the trading platform itself.

We are talking about tools like news aggregators, market scanners, social media scanners, premium charting services and more.

What kind of tools do you use when trading on crypto? (other than the exchanges charts)

[Moonblock]

As there is not any answer, it seems like there is non. Lol

[harizen]

As there is not any answer, it seems like there is non. Lol

There is a premium tools available but in crypto, traders don't need to rely solely with the trading tools to deal with the market. Meaning even without premium tools, it's possible to ride with the current trend. Some analyzations and fearless forecast even how well and good it was, created thru proper charting are somehow can be spoiled once a certain trend comes.

Generally, based on my own view*, crypto traders rely on:

a) Speculations
b) Crypto news
c) Upcoming events
d) Current price trend
e) Volumes established on a given timeframe
f) Usual charting
g) Trading signals
h) Own prediction
i) Out of nowhere decisions etc.

All are free in the first place.

[Vangar]

You are kinda touching a sensitive spot here for cryptos At this point, the industry is yet to develop such services, as it only recently became popular. Add to that the lack of ETFs and listings in major exchanges (talking about stocks here), and you will get the idea why professional tools are yet to be developed. However, there are several platforms that might do the trick, however, they are mostly bots and many do not contain social/news aspect in them, such as Haasonline.
In the meantime, I can recommend a website for crypto trade, where you can check out what is trending and available at this very moment https://www.cryptocointrade.com/. It is for beginners but it can also serve as a base where you can see what services are available at this point. Hope it helps!

[LeGaulois]

Something like Bloomberg and Thomson/Reuters Terminal have? There is one for cryptocurrency specifically but I don't remember the name. It's a young one and I learned about it here on Bitcointalk. (I can search in my PMs to find the name for you if you want) And between  Bloomberg and Thomson there is one with Bitcoin listed but I am not sure which one.

[usmanov123]

It's hard to trade w/o any tools. I use:

https://crypscan.com
https://www.turtlebc.com
https://coinmarketcap.com/

[Moonblock]

As there is not any answer, it seems like there is non. Lol

There is a premium tools available but in crypto, traders don't need to rely solely with the trading tools to deal with the market. Meaning even without premium tools, it's possible to ride with the current trend. Some analyzations and fearless forecast even how well and good it was, created thru proper charting are somehow can be spoiled once a certain trend comes.

Generally, based on my own view*, crypto traders rely on:

a) Speculations
b) Crypto news
c) Upcoming events
d) Current price trend
e) Volumes established on a given timeframe
f) Usual charting
g) Trading signals
h) Own prediction
i) Out of nowhere decisions etc.

All are free in the first place.

Yes, i get your point.
But you can also consider as premium tools those that alloow you to do these things easier.

[Moonblock]

You are kinda touching a sensitive spot here for cryptos At this point, the industry is yet to develop such services, as it only recently became popular. Add to that the lack of ETFs and listings in major exchanges (talking about stocks here), and you will get the idea why professional tools are yet to be developed. However, there are several platforms that might do the trick, however, they are mostly bots and many do not contain social/news aspect in them, such as Haasonline.
In the meantime, I can recommend a website for crypto trade, where you can check out what is trending and available at this very moment https://www.cryptocointrade.com/. It is for beginners but it can also serve as a base where you can see what services are available at this point. Hope it helps!

It is absolutely true. This market is growing and in order to continue attracting people and smart/big money to it, this kind of tools are a must.

That is what we are doing at www.moonblock.ai you should take a look.

[XbladedThanos]

Just follow the cryptocurrency news and speculation mate I think those things affect the cryptocurrency market very well

[Moonblock]

Just follow the cryptocurrency news and speculation mate I think those things affect the cryptocurrency market very well

Any news aggregator? i mean, not a single portal but a platform showing news from different news portals, twitter, redit and more.

[Jating]

Just follow the cryptocurrency news and speculation mate I think those things affect the cryptocurrency market very well

Any news aggregator? i mean, not a single portal but a platform showing news from different news portals, twitter, redit and more.

A few on my lists:

• https://faws.com/
• https://coinbuzz.cryptocontrol.io/
• https://cryptopanic.com/
• https://eveningstar.io/
• https://coinspectator.com/
• https://coinloop.io/

My favorite is faws.com. I find it very easy to used and like what you are looking, if gives you the current state of crypto sphere. If I'm not mistaken they pull or aggregates around 40 news portals. So very handy, specially if you are looking to invest on a coin and wanted to follow and get a accurate price listing.

[Adrin]

Yes. You can try for these tools. These are really works good. But you need to understand each tool separately. Separately but they have a close relation to make you success. Try this. They are Coinmarketcap, Trading view, Blockfolio App, CoinGecko and Coinigy. Each sites give a new view and knowledge about how to catch winning shot. A better and excellent trading system and strategy you can discover by follow these sites.

[wayancrypto]

In crypto trading i prefer to use my own strategy. I use technical analysis and sometimes combine it with fundamental analysis as well.  I use charting of trading view and they offer premium account and free one. There are alot of paid signal on the telegram channel but i prefer to do trading by own strategy to increase my knowledge about trading plan and how to make risk management.

[frowsiter]

As there is not any answer, it seems like there is non. Lol

There is a premium tools available but in crypto, traders don't need to rely solely with the trading tools to deal with the market. Meaning even without premium tools, it's possible to ride with the current trend. Some analyzations and fearless forecast even how well and good it was, created thru proper charting are somehow can be spoiled once a certain trend comes.

Generally, based on my own view*, crypto traders rely on:

a) Speculations
b) Crypto news
c) Upcoming events
d) Current price trend
e) Volumes established on a given timeframe
f) Usual charting
g) Trading signals
h) Own prediction
i) Out of nowhere decisions etc.

All are free in the first place.

They are not the tools though but ways of looking at the trading market so that we can understand it in the better possible ways. However, it has come to attention that crypto trading doesnt need any special tools to understand it. Many times crypto currencies will behave opposite to our scope and thus we may not see our predictions coming to be true. No matter what tools you use for this purpose but at the end you will be left out of no where for sure. SO this is the reason we must focus on the normal news, happenings in the globe, different government and private sectors based approaches towards the crypto which can drive the prices crazy. Keep it simple and everything will be all right in the crypto trades.

[atsc10]

I like using this terminal by Coinscious. Good technical analytics and I can track different indicators. Their data is the most accurate on the market.

[anume123]

Likely lot of traders use some bot to trade on their altcoins and its very useful for traders to use it as a tool but you can manage it for your safe to avoid lossing funds.

[atoshi]

you might try this https://coinalyze.net/