5 Personal Finance Products for Every Crypto Investor
Personal finance is the act of managing your own money. Having direct authority over how your funds are invested, where assets are stored, and how your money is used. The individual who engages in personal finance takes responsibility for their own success by planning, setting goals, and reaching their targets.
Working hard to take control of your personal finances is liberating. It provides a sense of fulfillment and growth which will change the way you think about your finances.
In the cryptocurrency space, personal finance is booming. Rather than trusting another person or system with managing their money, cryptocurrency users are taking back control of their finances. Using personal finance tools to take responsibility for their success. It has become core to the cultural identity of the crypto market.
Each individual person wants to have fundamental control over their own assets. People want to select the cryptocurrencies which go into their portfolio, secure their own investments, decide how their funds should be allocated, and freely move their own money without arbitrary borders or restrictions.
The following crypto personal finance products will help you take back control of your money. Rather than trusting a third-party company to manage your funds, these services will empower you to manage your entire portfolio of assets.
Above all else, the most important thing to remember when managing your own personal finances in the crypto market is security. Without a foundation of security, our funds can become vulnerable to hacks and security breaches.
For this reason, before we go any further, we must understand the best security practices for participating in this market.
Keep your crypto assets in a hardware wallet.
Hardware wallets are an investment in the long term security of your funds. There is no point in spending significant time, energy, and money to build a diverse cryptocurrency portfolio only to have it stolen out from under us because we didn’t securely store our assets.
This is where Ledger Nano X makes its entrance. The Ledger line of products are the most complete in the market. They provide a seamless experience for crypto users to securely store their funds, monitor their portfolio over time, and safely transfer funds when necessary.
The Ledger Nano X is the most popular hardware wallet in the market. In 2018, the predecessor “Ledger Nano S” reached over 1.3 million units sold. This global success story did not happen by chance. The sleek design, diverse asset selection, and robust security all contribute to this runaway success.
With the launch of the Ledger Nano X, everything great about the Ledger Nano S has been amplified in this exceptional successor. We recommend the Ledger products over all other hardware wallets for personal asset management.
The exceptional quality of the Ledger Nano X doesn’t end at the hardware. The ledger team has developed a complete portfolio dashboard that fits perfectly alongside the hardware wallet.
Ledger Live allows you to see your portfolio at a glance, even when your ledger is not plugged into your computer. Each transaction is carefully tracked and labeled for peace of mind.