With global markets spiraling across the board from oil and stocks to crypto you may not want to invest in bitcoin right now. That said, if you believe in its long-term potential, pro-investors will always tell you to buy the dip.
Warren Buffett maintains that the best time to invest is in a climate of fear–and it’s pretty scary out there right now. He may not be rushing out to buy Bitcoin, but you can bet he’s eyeing up other assets at a knocked-down price. If you want to take his lead, check out these top five tools to help.
Helping You Invest in Bitcoin
Hands down, if you’re going to invest in bitcoin or any other cryptos for that matter, you need to have a Telegram account. There’s a myriad of information on this behemoth social media platform and you can join a specific group, get news, ask questions, and find out the general market sentiment.
Check out some of the top Telegram crypto groups here for trading, chatting, trolling and, most of all, for seeing what to expect when you invest in bitcoin.
Arguably, if you just want to invest in bitcoin and hold for the long term, you may not need to get too deep into TradingView.
But if you do want to understand more about what caused certain volatile moves, find out what price calls top analysts are making in the space, and even become part of a community, this is a top tool for all that.
3. Google Authenticator
Google Authenticator is a must-have app on your mobile phone if you open up an account with an exchange like Coinbase and activate 2FA. It’s much more convenient than receiving a text message to your phone number since you may change the sim or be unable to receive texts when you travel.
With Google authenticator, you won’t have that problem. It’s free and you just scan the QR code once to receive a unique code each time you log in, adding protection to your funds.
4. Ledger or Trezor
While enabling 2FA is definitely a good start, it’s much better to keep your…