3 ways Moonfolio could help you become a better investor
Every investor shares one thing in common; they all want to be profitable. However, being profitable is not a straightforward process, I mean, if it was, we’d all be Warren Buffet and Peter Lynch, right?
The world of investing can be tricky, especially when it comes to cryptocurrency. Compared to other asset classes cryptocurrencies are relatively young, this brings about a whole load of new issues when it comes to the infrastructure surrounding these types of investments. For example, if you wanted to invest in traditional stocks/shares you could easily find several tools to help you manage, track, and sometimes even choose what to invest in. In the Cryptoverse this isn’t the case, it can become very hard to keep track of all your wallets and exchange accounts and constantly having to sign in and out of different platforms to check on your portfolio can be a hassle. This is why we created Moonfolio, the all in one crypto portfolio tracker. Here are 3 ways Moonfolio can help you to become a better investor:
Organisation
“Good order is the foundation of all things.” -Edmund Burke
There are so many benefits to being organized, one major advantage is that it saves you time. In the long run, time is always your most valuable asset, so it’s important that you are as efficient as possible when it comes to managing it. As an investor, if all your time is spent trying to function amidst the chaos of disorganization you’ll lose time that could be spent on analysis, research and other vital tasks that every good investor needs to complete before making the decision to invest. Moonfolio is designed to organize your wallets, exchange accounts, and portfolio as a whole, all you need to do is add your keys and you’re good to go!
Knowledge
“An investment in knowledge always pays the best interest.”
― Benjamin Franklin
Information, Knowledge, Data; the keys to all good decision making, and when it comes to investing, taking steps forward without knowledge is essentially like plodding through a minefield with a blindfold on. Moonfolio provides you with not only data regarding your portfolio but it also keeps you up to date with market information and latest news, from the most reputable cryptocurrency sources across the world.
Planning
“It does not do to leave a live dragon out of your calculations, if you live near him.” -J.R.R. Tolkien, The Hobbit
Every successful investor has an investment plan, strategizing and planning are vital stepping stones towards profitability. Putting your money into the market without a plan would be like a general sending his soldiers to battle without orders, highly likely to end in a bloodbath. How can you plan when you don’t have easy access to key information you need to succeed, you’ll just be subject to disorganization? Luckily for all, Moonfolio provides investors with all the tools you need to plan a strategy that works for you, based on your crypto holdings, current prices, exchanges, and crypto news.
If you want to be one of the first to get your hands on the Moonfolio app, visit our website www.moonfolio.com/ and register to be a Moonfolio pioneer and we’ll keep you up to date with information on the release of the app. Alternatively, you could follow us on one of our many social channels!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://medium.com/@reg_38420/3-ways-moonfolio-could-help-you-become-a-better-investor-87f63a1250ba