Crypto can be said to be a new way in which investor's uses to make money by making well predicted or analyzed decisions. As the name implies Crypto which mean secret is unlike other centralized site or application that are controlled by an admin, cryptos are built on a decentralized system, making it users the controller of their account. Important information are hidden from unauthorized users so that the cannot be accessed or stolen by third parties. The growth of a Crypto market all depends on the amount of investor's and their investment. That is the more the investor's the bigger the crypto market grows.
Peer-To-Peer networking:
In the crypto market or in the crypto world, crypto uses the Peer-To-Peer networking instead of the client-server networking, where a single node controls the activities of the user. In the Peer-To-Peer network users communicate with users in the network, no third party can interrupt, see or know what two users / account are doing.
Blockchain
A Blockchain is the combination of multiple blocks that stores data and information, these blocks after created cannot be deleted. It's immutable, reliable and can't be manipulated because what have been saved cannot be unsaved. Crypto is a virtual asset, because it cannot be felt physically or kept in the physical wallet, like other real world assert. It is mostly stored in visual wallet like Binance and Roqqu.
Smart Contact
This is a feature of crypto that allows actions made on the crypto to be made automatically without help of any third party, this feature makes the crypto market safe, easy to use and fast.
Tools available for crypto-investment
Tools in crypto are important equipment, or tool required for a smooth running market. These tools helps prevent lose or reduces lose of crypto asserts, this tools helps users successfully analyze, predict, trade and inform users about the latest crypto market. There are so many tools used in the crypto market for example;
Coinmarketcap
This tool contains numerous coins arranged according to their rank, daily volume, the market price, and other important information about the different coins in the crypto market,
For example: coinmarketcap contains important information like the circulating supply, all-time high and low and daily/52 weeks. Informations about the listed coins and the pairs in which the trades can be done.
Tradingview
Trading view is a technical analysing tool that is used in cryptocurrency trading. It contains real-time chart on which technical analysis can be done with the uses of technical indicators and other analyzing tools, to help minimize risk in trading. It is also used to buy and sell assert at required price. It is also used to make orders of different types for example, limit order, market order, and pending orders. It also contain basic information concerning different asserts in the market.
Coingecko
This is an awesome tool, it's similar to Coinmarketcap. It contains numerous informations about the coins or asserts in the crypto market, in this platform Cryptos are classified into different groups which helps investor's easily chose their desired asserts for example, there can be classified as oracle, exchange coins, DeFi, stable coins, yield aggregator etc. All assert has basic information about themselves example of information seen are the price of the assert, highest and lowest price of the assert, volume market cap, chart, daily volume, exchanges, circulation supply, etc.
This crypto investment tools helps enthusiast to make the right decision before buying or selling