Bitcoin Apps Every Investor Should Have

Currently, there are more than a thousand cryptocurrencies out there, but none as popular as Bitcoin. It's taken the world by storm, causing more and more investors to jump in on the action daily. Some have been tracking the digital currency since it made news about a decade ago. They had to rely on their knowledge of fintech systems in order to navigate the volatile world of Bitcoin. Thankfully, a few tools and apps have come up along the way that makes it easier to mine, monitor, and facilitate transactions in Bitcoin and other cryptocurrencies. Let's take a closer look at some of them and why every Bitcoin trader and investor needs to have them.

Bitcoin News Apps

Just last week, Bitcoin experienced a huge dip in its prices without any indication. That's because the value of an asset depends on a couple of factors. Technical analysis allows you to gauge the performance of Bitcoin by looking at its historical data, but more importantly, fundamental analysis is what's required of Bitcoin.

That's because the market is greatly influenced by external factors, as we saw in the current dip when China's take on cryptocurrency rang alarm bells for many investors and caused them to dump their holdings. This saved them from potential loss. You, too, could have had this indication if you had Coindesk installed. It's an app available on Android and iOS that provides update-to-date information and news regarding Bitcoin and other digital currencies.

Similarly, subscribing to relevant Twitter accounts of Bitcoin Gurus, Bitcoin discussion forums, and financial institutions ensures that you'll have multiple channels of information to keep informed.

Bitcoin Trading Apps

It goes without saying that you can't invest in Bitcoin without...