An Australian Beginners Guide to Cryptocurrency – Neil Fiddes

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Around this time in June 2017, I took the plunge and jumped into the wild world of Cryptocurrency but the same question plagued me then as it undoubtedly does many others currently — “Where the hell do I start!?”

The Question sounds simple enough but like many others I ‘Googled’ and found an overload of information and choices, littered with Ads — further adding to my confusion. It was near impossible to separate the real and valuable information from the ill informed. Eventually I found a friend who was heavily involved in Blockchain technology and Cryptocurrency, who was able to guide me in the right direction early on.

Fast forward over two years and I have found myself on a crazy journey that’s seen me jump into the ‘cryptosphere’ with two feet, both emotionally and financially! I’ve seen unbelievable 1000% unrealized gains in 2017 followed by a brutal market crash! Like many other’s who were there for the wild ride in 2017, I got to watch those gains evaporate due to greed. Since then I have spent the time and money learning and refining my trading abilities to get to a point where I have been trading full-time for nearly eight months. And all the while, I have been helping many friends, colleagues and complete strangers on their first trip down ‘the rabbit hole’ by spamming them with long detailed messages at all hours of the night — possibly confusing them beyond repair. However many believed the information invaluable and suggested I should post a polished (with a few less explicits!) guide to help newcomers, and perhaps even some seasoned Crypto hands.

In this guide — while I won’t focus on the difference between Bitcoin and Blockchain, how it works and all those excellent questions — I’ll cover a wide range of topics ranging from where to buy cryptocurrency, which exchanges I recommend and why, safe guarding your crypto assets, where to find good paid and free content, wallets, portfolio balance and more! Many of these lessons I have learnt the hard way, so hopefully I can save you time and prevent some of the painful mistakes I made, setting you on a better direction!

On a side note — These are my personal opinions formed from my own experiences, this is not financial advice nor have I been paid to “shill” or endorse any of the services or platforms that I will mention in this guide. Quite simply, I use these platforms, have found value in everything mentioned and think others may find the information valuable as well. I’ve posted links to every service mentioned, including referral links below as well as some donation address’ should anyone wish to donate. Donations are much appreciated and will ensure the time will be spent keeping this guide up to date and extra articles and content added in the future.

SO — probably the two/three most important things first up…

Many people straight up ask me;

“ Is Bitcoin worth investing in” “ What should I buy? ” “ What’s a good coin to invest in other than Bitcoin? ” “ Which coin is the next bitcoin? ” “ Should I go 100% Alt coins? ” “ What coin will be the next to do 1000x gains? ”

I generally avoid some of those questions like the plague but…

NO NO NO! Don’t be scared off by Bitcoins higher cost, Bitcoin is the king!

The King

Firstly — I usually suggest beginners start with the BIG 3 (Bitcoin, Ethereum and Litecoin). As a very rough template for your portfolio, I recommend around 70% BTC, 20% ETH and 10% LTC.

At some point you will want to diversify your portfolio and get more exposure to other high cap Alt coins and even some low cap Alt coins, the FOMO (fear of missing out) will take hold when some of those coins start having crazy parabolic gains. Even so, you should still have at a minimum 70–80% of your portfolio in the BIG 3 (BTC, ETH and LTC — in that order from biggest holdings to lowest), 10% to high cap alt coins, 10% to low cap alts coins and 10% trading account IF you are interested in actively trading. I mostly recommend the ‘blue chip’ cryptocurrencies to start as they have constantly held their value and position in the top 5 coins over the years.

So for a more diversified example — between 60-70% Bitcoin (this would include your 10% for trading should you look at actively trading), 10–20% Ethereum, 10–15% on a small selection top 20 alt coins (including LTC) and remaining 5-10% spread over a handful of lower cap alt coins.

BTC, ETH and LTC holding stronger than the vast majority of alts and recovering a lot faster.

Regardless of how much money you invest, that should be a rough template.
Obviously you can play around with the percentages of the top 3 but I personally wouldn’t go less than 50% BTC and that has been my advice to anyone who has asked.
It’s generally where a lot of new comers to the space make their first mistake of going all in on cheap alt coins thinking it will be the next bitcoin and become filthy rich.
The chances of that happening are very slim to none. Diversifying your portfolio is important and while Alt coins can see larger gains in bull markets (market where price is increasing), they can also lose 90%+ of their value in a bear market (a market where price is decreasing).

Secondly — don’t invest all your funds at once! The key to this is called DOLLAR COST AVERAGING!
Essentially the idea is to spread your capital over a period of time to get an average entry price — so let’s say you have 10k to invest, you should dollar cost average that 10k into the market over an extended time frame.

For example – invest that 10k in 2–2.5k increments over a period of 4–5 weeks, even longer if you want but keep in mind the market moves up and down a lot faster than traditional markets.

Crypto is a highly volatile market which means it can sometimes swing 10–20% in a day. You don’t want to invest that 10k at once and see your crypto investment drop 20% the next day, instantly losing 2k of your initial 10k investment.
If you dollar cost average you minimize that risk — you may not catch the bottom but you shouldn’t be buying at the top either!

There are a few services I will mention further down that can help you dollar cost average into the market.

The only time it’s not worth dollar cost averaging is if you have an understanding of technical analysis and can use your knowledge of the market to get your best entry. That knowledge comes from learning and experience gained over time! Whilst some people have ‘gone big’ and made large profits, my guess is there’s an equal (or perhaps larger) amount of people who have gone big near the top and have been feeling investment pain since December 2017 (the height of bitcoins price).

Regardless if you are planning to invest and/or trade, as much as the cryptosphere may say otherwise, HODL’ing is not a viable investment strategy. HAVE A PLAN — take profits because while HODL’ing in a bull market might be viable, HODL’ing in a bear market is suicide. Set targets — Invest and trade with a plan. You won’t go broke taking profit and many — myself included — have learnt this lesson the hard way. If your plan is to buy Bitcoin and check on it in 5 years time, there’s nothing wrong with that and in fact for the vast majority of people it is probably your best option. But buying something without a plan and hodling the asset with sheer hope of a recovery or make massive profit while its price falls off a cliff, is a fast way to lose your capital.

Thirdly — If you want to trade, spend the time and money learning. If you are going to invest your hard earned capital into a market, the best investment will be knowledge of the market and the skills to navigate through it. As a very generalized rule; any service offering guaranteed returns and is combined with referral payouts IS A SCAM and should be avoided! Don’t be lazy, take the time and effort! The end result will be worth it.
There’s some really good books and free content on YouTube. I
highly suggest a book called ‘trading in the zone’ if you are interested in cryptocurrency trading, with an audio version free on YouTube. There are countless other great books (mostly based off Forex trading) and endless Youtube ‘How To’ video guides. Seriously, if you don’t understand something, there’s usually a good chance someone has made a video explaining it.
Todd from The 51% Crew does some great more advanced Youtube videos on technical analysts and indicators.

There’s also some decent cheapish online courses that I have done and highly recommend- I found ‘the chart guys’ and ‘trader Cobb’s’ online trading courses cheap, simple and effective. Neither of these courses will make you a ‘trading god’ but they will speed up your education and understanding of the market and offer a good foundation to build on. It’s worth noting that a lot of what is taught in both their courses can be found for free or cheaper but you are paying for the convenience of that ‘leg work’ being done for you and presented in an easy, clear and precise manner.

Trader Cobb’s courses are designed around a few viable rules based strategies in which repetition and simplicity is the key to success. He takes a no nonsense approach and only teaches what you need to know so you can effectively use his strategies. It doesn’t matter if you are completely new to trading or have plenty of experience under your belt, the courses will cut out a lot of noise and set you on a better direction!

The Chart Guy’s courses go into a more detail on technical analysis when compared to ‘Trader Cobb’s’ courses but is still set around the basics in a very beginner friendly style. You will learn more about common indicators, patterns and the foundations of trading (trends, support lines, ect). They also do hours hours of free content on YouTube so be sure to check that out as well.

Charts like this were hieroglyphics when I first started


Some decent Facebook groups/pages worth joining; Crypto Australia, Crypto Coin Trader and Nuggets News.

Be warned, you may have to sift through a lot of posts and articles of people shilling whatever they have invested in but there are good places to get information and learning resources (and hopefully this helps you get there!). Also take care on which crypto Influcener’s you follow, as they are just as likely to ‘shill’ a project in their own self interest — always DYOR (Do Your Own Research) before investing in something.

Nuggets news also has a paid group (and excellent free content on YouTube). Alex gives good fundamental analysis on projects, makes some excellent trade ideas & suggestions, does large amounts of learning & tutorial videos, offers large discounts to a lot of affiliates like Trader Cobb, The Chart Guys and loads more! It’s a touch under $50 a month and there is no minimum subscription so its well worth it. The group gives access to a lot of top quality video learning content that can be hard to find for free, and access to some very smart individuals within his group that post great content and offer valuable advice.

He has capped the Facebook group size (or he has in the past) when things got really crazy to avoid s*** posts and to keep the quality and the integrity relatively high within the group, so I wouldn’t be surprised to see it capped again. I personally am a member of his group and find it to be one of, if not the best and highest quality group I am apart of.

Discount code with link below for anyone interested in joining.

You are your own bank

Before I get into where to buy from (brokers) and which exchanges to use (trading)..
There’s some really important safety steps that should be taken. I find that this is an aspect that gets overlooked far to often and may be one of
THE most important steps when starting off.
Crypto is full of scammers and hackers and some people have lost millions due to unsafe practices.

There’s a saying in the cryptosphere ‘NOT YOUR KEY’S, NOT YOUR CRYPTO!’ You are your own bank — brokers and exchanges can only be trusted to a certain extent. Your funds are safest in a wallet which YOU control.

#1 Open up a new email address — I’d suggest using Protonmail.
This email address will be purely for anything crypto related so use it whenever you sign up to a broker or exchange.
Do not use the email for anything else.

#2 Make a strong password containing upper case, lower case, numbers and a symbol.
Never have your account name and password auto saved to auto fill. Ever.
You also shouldn’t use the same password for everything.
Password management is important and there are programs and apps that can do this for you.

#3 Download Google Authenticator. It’s a 2FA (2 form authentication) which will give you a new code every 30 seconds on your phone or tablet ect. Whenever you sign into an exchange or broker, it will ask for the code after you have initially logged in — it won’t let you proceed (or anyone else) without the code.
Once you setup an account with a broker or exchange, you should then add your 2FA via their platform. They will give you a written code with a QR code that you can scan with Google Authenticator —
PRINT THIS PAGE OUT!! — scanning this code and entering it when asked will activate 2FA, and will then clear the backup codes forever unless printed, copied or saved. For obvious reasons its not the best idea to keep a copy on your computer.
Same goes for all exchanges and brokers you sign up to.
That way if you ever break your phone or tablet, you can just reload Google Authenticator onto another device and re enter/scan those codes onto the new device. If you don’t have it backed up, it can take days to weeks before exchanges and brokers will allow you to have access to your account and usually it will only be unlocked by sending large amounts of proof of identity. Then they can and in most cases, will manually remove your 2FA code re-granting you access to your account/funds…
Obviously store these codes somewhere safe.
I personally have a fire/water resistant/proof safe at home I keep all this in.
I will also be getting a bank safety deposit box to keep spares and instructions for my wife should anything ever happen to me as a backup.

4# It’s very important you bookmark and even add shortcuts to the broker/exchange sites on your homepage or in a file on your phone/computer.
One of the most common scams that I see and hear often are sites being created identical to the proper exchanges with only a very slight variation to the web address. Traders will simply type in a web address which directs them to the fake site, where they proceed with their login and password. Scammers now have the means to login to the proper exchange and steal funds! Quite an easy mistake to make. Obviously THIS is the idea behind having Google Authenticator – It puts a to stop to that.

Those are your basic steps and honestly almost makes you bullet proof, but there’s plenty more you can do to protect yourself.

More advanced security measures..

Every time you login to an account or trade, do it through a VPN. Not essential but it gives you an added layer of protection. If you are connecting to a public WiFi, it’s a must.

Express VPN and NORD VPN are very highly rated and reliable VPNs but feel free to do your own research as there are many out there.

Brave Browser should become your main default internet browser. It’s fast, secure, open source and blocks Ads & trackers. Plus you can earn BAT tokens as a reward for looking at Ads.

If you are looking at investing over 1–2k, I’d highly suggest investing in what’s called a hardware wallet.
I use ledger nano S but they have recently released a new version called ledger nano x. Trezor is also a very popular multi coin hardware wallet.
Combine the hardware wallet with the ledger live desktop app and your funds are SAFU (Very safe)!
Hardware wallets require you to physically confirm a transaction so there’s no way someone can hack you and send/steal your funds.

If you are investing larger sums.
Get a new laptop.
It doesn’t need to be anything fancy.
Use it purely for crypto and implement all the safety procedures I have just outlined. **
No visiting questionable adult sites or torrent downloads on it! **

If you opt for a new laptop/desktop computer, the OS (operating system) can make the world of difference in how secure your device is.
A windows system is least safe but easiest to use.
A mac system is middle ground.
A Linux system (which I run) is the safest but hardest to use.

17inch IPS screen makes trading and viewing on the go a lot easier on the eyes! Ledger nano S close by!

If you decide to get a custom laptop and splash a little cash, I went with and recommend a Metabox laptop with Linux or windows as OS (operating system), the former if not very tech savvy. It will have enough GPU power to run multiple monitors as shown further below. Obviously there’s plenty of alternative ways to ‘bullet proof’ yourself but you will be ahead of most with what I have just outlined.

Independent reserve
Btc markets
Caleb & Brown

I recommend signing up with all of them. Each have their Pro’s and Con’s but all are great platforms.

Coinspot is probably the most beginner friendly and easiest to use platform, their fee’s are high but they have a really good selection of alt coins to invest in.
The downside is that there are cheaper fee’s on other platforms and their spread can be sub par, which means you will pay more for the coins then what their actual value is.
It isn’t much of an issue if you stick with the platform — so buy and sell through them only or send funds there to sell if the arbitrage is good.
If you are planning on sending funds off their platform, I’d suggest using someone else. As I said above, they do have a very easy and friendly platform with a huge selection of alt coins (something around 180?) so it makes it a good ‘one stop shop’ place.
DO NOT TRADE on Coinspot, its an excellent fiat in and fiat out platform but fee’s and spread will kill your balance if you attempted to actively trade on a regular basis.

I have and still use Coinspot.

Swyftx I’ve only just starting using it recently myself but have heard lots of good things about them.
Its easy to use, has a decent selection of coins (roughly 70), competitive fee’s and a good spread but most importantly there’s a couple more advanced order types/options. So far so good and I plan to use it more in the future.

Definitely see Swyftx as a great alternative to Coinspot and perhaps even superior. Relatively new Australian broker/exchange which adds an unknown element but one to keep an eye on going forward! I’m impressed with them!

Independent Reserve, BTC Markets, CoinJar and are a little more long standing and reputably advanced brokers.

I highly recommend Independent Reserve.
It has less coin options but better spreads with very low fee’s plus larger daily/weekly deposit and withdrawal amounts. It is and has been my “
go to” brokerage since getting into cryptocurrency.

Still the best on ramp in my opinion.

BTC markets is similar but with smaller deposit’s and withdrawals, and has a few more alt coin options. Overall a really good broker with decent volume. lagged behind those two in my opinion but they have rearranged their fee’s to be more competitive (they may now be one of the cheapest) so it’s definitely worth using again. There liquidity was lower in the past so the prices were usually slightly higher compared to Independent Reserve but an excellent on ramp none the less. It’s very similar to Independent Reserve.

Coinjar I have an account with but have not actually deposited through them.
The rather ‘cool’ thing they do differently is you can order an eftpos card via them and load it with crypto to spend on every day items.
Conversion rate is probably is not the best but it’s a good way to spend profits.

Localbitcoins is like a Gumtree for Bitcoin — person to person cash/money for Bitcoin.

Caleb and brown are for large purchases — I think their bare minimum was 10k however I believe they have recently dropped this minimum to 2k. They can do very large transactions into the million+ dollars almost instantly.

Another option I didn’t mention above is Coinbase.
You can also link your debit/credit card to Coinbase to do instant purchases but you unfortunately can’t withdraw AUD from the platform (USD/EUD only). Which means you would need to send your crypto funds to one of the brokers I mentioned or a 3rd party business to sell/spend your crypto like
Paidbycoins or livingroomofsatoshi (LRoS).

I use these services regularly to pay bills, but find Paidbycoins has the far better spread of the two. I had an issue of my own doing, contacted them and they were very quick to fix my mistake. Overall excellent to deal with.

There’s also two more services that you can invest in crypto with very little effort. Getpaidinbitcoin for weekly investing (perfect for dollar cost averaging into the market) and Bamboo — a micro investing application.

Getpaidinbitcoin You nominate a specific amount of your take home pay after tax to be wired by your payroll to the service. As an example — Use your nominated amount (lets say $100 a week) of your pay to be converted into a specific coin of your choosing ($100 worth of BTC or ETH). It’s a great set and forget service which gives you exposure to the market. The purchased BTC/ETH then gets sent directly to a wallet of your choosing where you can use your funds as digital money for purchases, or to build up your portfolio.

Another platform that focus’ on micro investing (which is still in early release and the app is only for IOS currently) is Bamboo.

Bamboo is linked to your bank account and does round up purchases weekly.
So let’s say you buy some breakfast and coffee for $46 — it will automatically round it off to $50 and do that for all your purchases throughout the week. It will then round up the ‘loose change’ once a week to invest into crypto automatically.
It’s still in its early stages but could be a great alternative way to get into the market. I’ll be waiting for the Android version to be released which shouldn’t take to long if the team keep making headway. However – it is a simple Fiat in and Fiat out service so you don’t actually own the cryptocurrency. You do get to choose where it gets invested and can re-balance your portfolio free of charge at any point.

Market order — Buying/Selling at the current market price.
Limit order — Buying/Selling at a specific set price.
Stop Loss — Order trigger’s a market sell at a specific price.
Stop Limit — Also known as a ‘trigger order’ — At a specific price trigger’s a sell limit order.
Trailing Stop — A stop loss order that trails your order with a specific gap you set.
OCO — ‘One Cancels the Other’ lets you place two orders at one and which ever trigger’s first will clear the other.

Once you have purchased your crypto — you have three options, leave on the brokers account (not advised), send to an exchange to trade (including trading for alt coins the broker may not have) and/or send to your wallet(s).

It’s not advised to leave large sums on brokers or exchanges because sometimes they get hacked and funds stolen OR they go broke and run off with your funds. The best option is always to put any funds your not actively trading into wallets.

Now not to confuse you but your cryptocurrency isn’t actually stored in/on your wallet. Your crypto is actually on the blockchain and your wallet acts as a medium/interface where your private key is — the private key gives you proof of ownership. Lose your keys and your crypto is lost. A public key is your personal wallet address for receiving or sending transactions, a private key is your ownership. Always keep a copy of your private key or backup phrase somewhere safe.

The most common wallets are Hot wallets and hardware wallets.

As mentioned further above, Hardware wallets require you to physically confirm transactions via your device. Your private keys are stored on that device. The device comes with a 12–24 word seed phrase that links via cryptography to your private key so if you lose or break your device, you can reload onto a new device. Never lose your word seed phrase! Always make sure you purchase your hardware wallet from an authorized dealer.

I recommend Ledger nano X, Ledger nano S, Trezor T, Trezor One and KeepKey — link to authorized Australian dealer Coinstop at bottom of guide for a discount.

Hot wallets refer to any cryptocurrency wallet that is connected to the internet. These are not as safe as a hardware wallets but are by far the most common wallets and include IOS, Android and Desktop wallets. They are fast and easy to setup but largely rely on you and your devices security. Without going into every wallet, listed below are some of the most well known and my personal favorite wallets. Most of these are multi-wallets (supports multiple coins), but I have included some on chain/coin specific wallets.

EXODUS — Is an easy to use multicoin desktop wallet which has an excellent, beautiful, clean and crisp interface. Probably the most popular desktop wallet from what most reviews say and from the few polls I have conducted. It also has a mobile App.

MEWmyetherwallet is for Ethereum and all ETH based tokens which is arguably the majority of tokens.
You can also use a ledger hardware wallet via the MEW interface.

Ledger Live — Whilst not specifically a hot wallet, it is a desktop application/interface for your Ledger Hardware wallet.

JAXX Liberty, Trust Wallet, Coinomi and Mycelium are all well known, highly rated and common mobile wallets, some of those also do a desktop version.

Electrum is a highly rated and used Bitcoin Desktop wallet.

Ledger live with Ledger Hardware wallet is my main wallet, Mew and Exodus.

Binance — the largest crypto exchange and the largest amount of real volume (or at least one of the largest) and has a very large selection of alt coins — bigger volume generally means better prices and less slippage on trading.
Binance is also going to add margin trading which I’ll add further down.

Bittrex — a solid exchange that has been around for a long time, has a good volume and good selection of coins. Between Binance and Bittrex you will have a lot of alt coins covered.

Kucoin — is a smaller exchange, has a less volume of coins but usually adds a lot of new coins/tokens. If it’s a good coin they will eventually get listed on a major exchange but usually start on exchanges like Kucoin first, which means if you do your research you can sometimes buy a coin/token on there before it goes to a major exchange. If it makes it onto a major exchange you will see massive gains as the price will usually have a large increase.

Bitfinex — is an easy to use exchange and trading platform with lots of advanced order options, a 3.3x leverage, a large selection of alt coins and decent volume.
It’s probably the best platform for trading alts with leverage and also one of the best for trading.

Those four are a must!
If you were to drop any, id say Bittrex but it’s still worth having.

As for leverage/margin trading. Try to avoid doing it until you have some experience because its a quick way to get REKT.
If this option is used correctly you can make a lot of money. A a very simple explanation of the option would be —
MARGIN is the process of borrowing funds to trade and LEVERAGE is the amount of funds you can borrow.
Leverage works by borrowing funds off your capital and using your capital as security.
Example — Let’s say I have 1 bitcoin that’s worth 10k USD on Bitfinex.
I can leverage that 1 BTC at x3.3 – so I can make a trade with that 1 BTC to 3.3BTC or 33k usd.

If It goes up, you net the profit when you sell, if it goes down.. you lose x3.3 plus you still need to pay back the borrowed funds. If your trade/account gets low enough, your account gets wiped (liquidated).
Higher risk / higher reward. If your going to start trading with margin, use a dummy/demo account and start with small amounts.
The other good thing about leverage/margin is you can
short the market.
LONG means you buy expecting it to go up and make money when it goes up, but you can also bet the market will go down (SHORT) so you make money when the markets going down by betting against the asset.

Some exchanges allow up to 100x leverage which is insane in crypto.

BitMEX (the largest bitcoin volume exchange) is for advanced traders that can leverage up to 100x.
The platform itself needs a massive upgrade and options for alts are limited.
I would suggest avoiding it until you a fair chunk of experience. I have and sometimes do use it but very VERY rarely these days due to the platform struggling at times. My personal opinion is anything over 10x is just gambling.

PrimeXBT is a new exchange that also offers 100x leverage and will be interesting to see if it can compete with BitMEX. By all accounts it’s platform is superior. I have created an account with them but have only just done my first deposit to PrimeXBT. I am personally impressed with what I have seen on their platform and would definitely say it’s more ‘user friendly’ than Bitmex. Time will tell with this exchange, and I will update in the future regarding this platform!

Bitfinex is still the best.
Binance might be even better but it will depend on the trading order types — if it will be cross margin, how much leverage they will allow and the selection of coins/tokens you can leverage.

I also have accounts with OKEx, Huobi Pro, Kraken and Poloniex.
They all offer 5x leverage, have good, if not better volume of their coins than Bitfinex BUT only have limited coins you can leverage and their order options are basic. As mentioned PrimeXBT and BitMEX are still handy to have for the odd gamble.

You can use all of them as a normal exchange to trade coins/tokens without leverage but really there is not much point if you have the other exchanges I mentioned. No harm in signing up with them all, its always good practice to spread your trading funds over a few accounts and there may be opportunities to take advantage of arbitrage.
I mostly use on a daily basis Bitfinex, OKEx and Huobi Pro now.

There’s some really handy mobile applications and websites that are worth having, whether its for tracking your portfolio, charting or for accounting/tax purposes.

CoinTracking – Bitcoin & Digital Currency Portfolio/Tax Reporting. In short, you can track your portfolio, can upload your trade history and CoinTracking will work out your profit/loss history for tax purposes. A must have for tax time and over all best portfolio tracker.

Delta and Blockfolio are two of the most common mobile apps for tracking your portfolio balance. Sometimes they do bug out and may show the wrong amounts.

Coinmarketcap, Livecoinwatch and Altcoinindex are three fantastic sites worth bookmarking.

Coinmarketcap shows current average coin price across exchanges, volume, circulating supply and market cap including ranking among many other options.

Livecoinwatch is an alternative to Coinmarketcap but allows you some awesome options of watchlists and custom portfolio tracking.

Athcoinindex is similar yet again but focus’ on the all time high (ATH) prices, how long since ATH and what percentage from ATH the coin currently is.

For tracking Bitcoin, Ethereum and other transactions.

Tradingview is THE GO TO charting platform for traders. They have a range of options from free to paid subscriptions. The free version is very adequate but does have limited options on indicators. Personally I recommend the Pro or Pro+ for the extra options and indicators if you are planning to regularly trade or daytrade. They do have premium subscription as well but I found the Pro and Pro+ more than service all my needs!

Hopefully you have gained some good hints, tips and pointers to help you on your journey. Originally I had written well over 12,000 words but decided to simplify my guide. Instead I will do updates and add links to separate reviews/articles at the bottom of each service, exchange and section rather than having over an hour plus read! Please be careful out there and never invest more than you can afford to lose! Its also very important to add, (I will do a large article on trading further down the track) that people often get lost in the Hollywood romantic side to trading, or are just in it to get rich quick but as with any job, It takes a long time to get skilled at it and a lot of very expensive mistakes. Most traders lose a lot more than they make so take your time, learn and watch the market first. Feel free to share this article around so our community can grow in size and knowledge! Hope you enjoyed the read and good luck!

Some of these links are direct to the standard signup pages, however most are referrals. Coinspot and Coinbase are offering $10 and $14 worth of BTC for both parties. Who doesn’t love free BTC? Use the links below to take advantage of free BTC and other discounts where applicable.

Also use the code friendsofneil on Nugget’s News to get $10 off your subscriptions first payment when joining Nugget’s Crypto Community.

Coinstop link gives a $10 discount to a purchase of a Hardware Wallet.

Referrals to exchanges and brokers offer trading fee discounts so feel free to click the links for cheaper trading fee’s! signup –

Donations accepted and appreciated!


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