What tools are not enough for you to interact with cryptocurrency?

[PotatoWizard]

I am creating my crypto project from scratch.
My friend and I are crypto enthusiasts. And we want to do our bit to the community. So far, it was in our power to make only a news aggregator, but we are actively working to expand its functionality.
We want to make some useful tools. For example, I personally did not find a convenient portfolio for myself, so we plan to add these things to the site.
Also, we have the idea of a tool for comparing currencies on exchanges. We want to make a convenient place where all the tools you need are collected in one place. And in the end, we plan to make a convenient and practical toolbox out of just a news aggregator.

What tools do you use to interact with cryptocurrency? What functions do you need? What do you advise us to strive for?

[1714771447]

1714771447

[1714771447]

1714771447

[1714771447]

1714771447

[rijaljun]

If you want to create a business that provide useful tools for portofolio management, or whatever my suggestion is only to do a market survey. Keep in mind that customer is everything so that what you call useful could be useless for others.

I have ever seen a website that have price comparison between exchange but I can't remember the name. Personally, I don't need it cause I can use manual check and sometimes I can't really believe in a platform (system errors do happen). However it could be useful if the performance is optimal.

[beerlover]

I always had an idea of where people could go for a passive income, the reality is that passive income is not that common and half of the things that are passive income are in reality a ponzi scheme or a scam in general and the other ones are not making you a lot of profit. Just to give an example go out and find the staking coins, all of them are either horrible bad coins or the good ones do not make you profit enough to make you rich.

I personally like waves for example but that is not going to make me rich and while it could profit me with staking, it could also cause me to lose if the price goes down, it could potentially go up as well of course but we never know that. So, a website that shows ALL passive income possibilities in crypto world would be amazing, not just staking, not just masternode, but ALL possibilities.

[bitbunnny]

I completely support new technologies and advantages they give us but sometimes I think that people have become so lazy that they want that different tools and machines do all the work instead of them.
When it come to areas like crypto trading I don't trust tools enough because I don't think they can replace humans in decision making and risk assement.
I'm not against their use but only as a support tool, not something that I would completely rely on.

[avikz]

I am creating my crypto project from scratch.
My friend and I are crypto enthusiasts. And we want to do our bit to the community. So far, it was in our power to make only a news aggregator, but we are actively working to expand its functionality.
We want to make some useful tools. For example, I personally did not find a convenient portfolio for myself, so we plan to add these things to the site.
Also, we have the idea of a tool for comparing currencies on exchanges. We want to make a convenient place where all the tools you need are collected in one place. And in the end, we plan to make a convenient and practical toolbox out of just a news aggregator.

What tools do you use to interact with cryptocurrency? What functions do you need? What do you advise us to strive for?

Noble thought! We practically have loads of new aggregators available but only few are useful. If you can create a new app with a complete list of useful tools, that would be great!

Price comparison tool between exchanges is a great idea. I don't know if we have any other tool in the market with similar functionality!

We often use coinmarketcap website to check the prices of the cryptos and majority of the time, we only check the prices of the top 10 cryptos in the market. If you can create a similar list of cryptos and bifurcate the list based on volume and liquidity, that will be grand! All the best!

[PotatoWizard]

I always had an idea of where people could go for a passive income, the reality is that passive income is not that common and half of the things that are passive income are in reality a ponzi scheme or a scam in general and the other ones are not making you a lot of profit. Just to give an example go out and find the staking coins, all of them are either horrible bad coins or the good ones do not make you profit enough to make you rich.

This is a good idea! I noted the emergence of sites showing where you can exchange your crypto for real goods. But people mainly use crypto as an investment and are not interested in spending coins. But everyone is definitely interested in accumulating new ones.

There are many pitfalls. There are very few places for passive income. But there are many startups that promise people money. But these startups can really be scammers or close quickly.

[PotatoWizard]

If you want to create a business that provide useful tools for portofolio management, or whatever my suggestion is only to do a market survey. Keep in mind that customer is everything so that what you call useful could be useless for others.

I have ever seen a website that have price comparison between exchange but I can't remember the name. Personally, I don't need it cause I can use manual check and sometimes I can't really believe in a platform (system errors do happen). However it could be useful if the performance is optimal.

Yes, I noticed that many additional functions and tools of crypto aggregators and media are rather conditional and useless or they’re not good enough for me to trust them. Therefore quality is everything!

So I don’t want to waste my time and enthusiasm, creating low-quality useless things. I want to bet on one really useful tool. But it's pretty hard to see if my ideas are really useful or not. So now I just collect information from other users and try to understand

[PotatoWizard]

Noble thought! We practically have loads of new aggregators available but only few are useful. If you can create a new app with a complete list of useful tools, that would be great!

Price comparison tool between exchanges is a great idea. I don't know if we have any other tool in the market with similar functionality!

We often use coinmarketcap website to check the prices of the cryptos and majority of the time, we only check the prices of the top 10 cryptos in the market. If you can create a similar list of cryptos and bifurcate the list based on volume and liquidity, that will be grand! All the best!

Thank you!

I saw the price comparison tool between exchanges on some media. But it looked dysfunctional and abandoned. So I think, if we are refine this idea, it will be usefull

Currency price widget is a must-have item of course!

[sana54210]

we have the idea of a tool for comparing currencies on exchanges.

I guess, if it will be implemented like how manually traders do for spotting arbitrage opportunity then your tool will be a huge hit among the traders who prefer trading across exchanges. I do compare a trading pair across exchanges by using coinmarketcap but their functionalities are not the updated one to reflect the recent price levels. If I am able to spot a gap that is most of the time due to frozen/delisted reasons.

In this modern era, I guess we traders are equipped with enough tools but improvements to those tools is definitely inevitable. Hope your services will be making us realizing how older versions we have been using so far or anything similar to that. Willing to test your portal asap. Good luck to surprise us .

[Harlot]

If I'll be looking for a new tool I'll be looking forward for an improved version of tradingview for cryptocurrencies. Now tradingview is already a good site to create your own technical analysis and view the analysis of other people the only bad thing is there is a lot of toxic people you will see in the community saying negative things to traders who have different views with them, it simply ruins the formality of the site. Maybe a similar tool to tradingview with proper moderation is something that people would want here.

[carlfebz2]

I completely support new technologies and advantages they give us but sometimes I think that people have become so lazy that they want that different tools and machines do all the work instead of them.
When it come to areas like crypto trading I don't trust tools enough because I don't think they can replace humans in decision making and risk assement.
I'm not against their use but only as a support tool, not something that I would completely rely on.

I agree with this even there are new innovations in this area i would really consider on using it up as long it would really be helpful on automation operations.
Fully relying into these tools is really bad and as said it would be much better if you do still trust your own decision making,intuition or instincts towards your
trading career.Its a matter of choice thought since we've been flooded up by these things.

[leowonderful]

A tool that's able to compile detailed information on your trades through an API key that can display your overall trading stats and specifics in a chart would be interesting. I used to use a site that did this for Bitmex, and even though it might not be something that you can directly trade with, visual representations of data are much better than simply seeing text, and this combined with a way to take notes like what the member above me noted could be a nice tool to improve your trading skills and identify potential weaknesses.

Some sort of built-in site widget that allows you to quickly scan through other peoples' analysis on TradingView could be interesting as well. I don't browse TradingView's TA community often, but being able to quickly browse and open TA in another window would be convenient.

[GreatArkansas]

If you really want a superb experience, you need more technical experiences.
Like coding, you probably need to build some services, backend or frontend sides. But this really need take a lot of time especially if you want to practice from scratch. But if you have some money budget, you can hire some developer out there.

[Wexnident]

Probably a trading view where you can freely manipulate the maps so as to make TA's on it? There's also the idea of letting those TA's become some sort of history where each one is saved as a type of history so the user can freely go back to it every now and then. Probably a sort of Notes section as well, where one can add as many as they can while having it sorted out quite well. Could be pretty useful when researching and advancing towards TA's, especially since it's directly connected to the site which you make one making it a lot easier to remember a lot of stuff.

[maydna]

Tradingview will be a good example for him to find the other tools that he needs to make. Although in tradingview, we cannot still get the right information, at least, that can be our reconsideration to make a decision.

But how about your site can give information about the price of each exchange, and provide the probability or percentage of the profit to make an arbitrage trading, so that can help people to search or get the coins that can provide them with the profit?

Or perhaps, you can show your website so we can suggest if you should add another feature that will help people to trade. That will be useful for us to know what things you already add in your site.

[justdimin]

I guess there are dozens of amazing portfolio tools that you can use plus there are even ones that arranges how much taxes you should pay as well so portfolio is not really a great idea.

However, when it comes to news aggregator that is not a bad idea but also not a one that could make you a lot of money.

If you really want to make something that would both help people out and also earn you money I would highly suggest a platform like fiverr where people could apply for jobs and others could list what they are looking for and you could take a cut from that.

There has been some tries for something like that before but none of them survived for too long since they couldn't find people to list jobs, if you could find business' that can list jobs then that idea could make a ton of money.

[Twentyonepaylots]

If you really want a superb experience, you need more technical experiences.

I must agree on this. Being enthusiast is not enough for industry like this, it is like being good at making ideas but cannot make it into reality. Technicalities of the certain aspect must be perfectly balanced same with ideas since ideas are the foundation of the project. There are so much projects in the past that didn't make it up to now because of this issue, some are just idealizing a very complex product/service yet cannot attain the level it requires to achieve it.

Like coding, you probably need to build some services, backend or frontend sides. But this really need take a lot of time especially if you want to practice from scratch. But if you have some money budget, you can hire some developer out there.

Projects, especially made from scratch are really hard to make it will do you much of what you expect to do and the most important is the timeline whether it will be still on trend until it finishes or not anymore.

[mersal]

In the past,I has used something like you mentioned but I lost the bookmark when I updated my system so pathetic is I didn't even the name of that site so its always been welcomed some something like you are interested to create.

[rexxarofmoknathal]

Hmm, 'scratch' is the word that stuck with me from reading your post and to be completely honest having this amount of enthusiasm is great and the fact that you both want to be active 'cryptos' would definitely be good not only for you as you'll be learning a lot but also for the community.

I'm concerned though that what you're asking and the answers you might be getting might make you give up but don't give up. It would be a difficult challenge and a lot of time and some money will need to go into making this a thing, maybe having it all on a website or something   
One tool that I think many people would appreciate is direct price comparisons and live rates from different exchanges?

[Kelvinid]

Never kept that scratch but rather to adopt the new system and technology which apparently gives you a close answer to your doubts.
If we could know how to read charts and you are watching the current market trend, it helps you to understand the situation and could create ways to make avoid losses or getting prepare for it or to take advantage of its sudden changes. And the most important thing we need to acquire before trading is to have knowledge which it helps to develop our trust and confidence in the market.