The surge in the price of Bitcoin in recent years started the cryptocurrency revolution as we know it today. Other coins followed suit, such as the equally successful Ethereum. Today, more and more coins are being launched through an Initial Coin Offering. Although speculative in nature, the fact remains that people are making money buying and selling cryptocurrencies. That being said, a great majority of the population still don’t know how to trade cryptocurrencies. This is where cryptocurrency education and software can prove useful. Read our CryptoSuite review to learn more.
CryptoSuite is the most complete and comprehensive cryptocurrency software and training suite on the market today, as it informs users about the hottest cryptocurrencies while providing live stats as they happen. It automates what crypto experts do manually, and incorporates many of the tools you need into one suite. Timing is an important aspect in the cryptocurrency space. Ideally, you should buy low and sell high. This is where CryptoSuite can help you. With this software, you can automatically receive push notifications via email and get the latest updates, giving you more opportunities to make a profit.
You can set up alerts according to your preferences. For example, you can instruct the software to send you email alerts about the price of Bitcoin (or any crypto coin or token) every hour. Alternatively, you can tell the software to alert you when the price of a certain coin or token increases or decreases by a certain percentage (it’s up to you to set the criteria). It will advise you when a coin is increasing in price, or when it drops below a certain value. Be notified of what’s happening, so you can make timely and intelligent decisions.
One great thing about CryptoSuite is that it shows all existing cryptocurrencies available. It displays current price, background information, market capitalization, historical data, charts, and price change in the last 24 hours. This data will allow you to get a clearer picture and help you decide in which coins to invest.
The Arbitrage section lists all the different currency exchanges. Each exchange buys and sells coins at different prices. This is one area where you can also make a profit. Just by comparing prices at various exchanges, you can make money by simply buying coins on one exchange, then selling them on another at a higher price.
Track instantly what your portfolio is worth and how much profit you have made in the Portfolio section. Meanwhile, the ICO Calendar keeps you up to date on the coins that will launch soon, along with the description of each coin.
If you’re new to cryptocurrencies, you can find the built-in Training Videos very helpful. They provide a step-by-step training series that will discuss such topics as: what is cryptocurrency, a walkthrough of the software, how to create your crypto wallet, how to transfer cryptocurrency, how to purchase coins, what are ICOs and how to buy them, what a bad ICO looks like and how to avoid them, and how to use arbitrage.
Positives
CryptoSuite comes with many features that you need to make informed decisions when buying and selling cryptocurrencies. You can set up push notifications via email so you can make timely decisions and get more opportunities to make a profit. This software lists all existing cryptocurrencies, the various cryptocurrency exchanges, and upcoming ICOs.
Negatives
Although this software is loaded with lots of great features, it cannot guarantee that you will make money with every (or any) trade. The cryptocurrency space is highly speculative, so large losses are possible. CryptoSuite should only be used as an educational tool. Investors need to do their own due diligence before investing in anything, and understand that they may lose anything they invest.
Conclusion
With the interest on cryptocurrencies growing rapidly, CryptoSuite is a helpful tool that investors can use to help maximize their earning potential. It provides live stats of each coin, and keeps you up to speed with the top gainers, top losers, and the latest developments in the cryptocurrency space.
Disclaimer: Cryptocurrency investing is highly speculative and the markets are very volatile. Investing in cryptocurrencies involves high risks, and may expose investors to potentially rapid and substantial losses. Investors should do their own due diligence before deciding to invest in cryptocurrencies.
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