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DYOR, or Do Your Own Research, is something all investors have heard time and again. Experts reiterate the importance of research before making investments (Crypto or Traditional). All markets are volatile. Hence, an investor should understand how important it is to understand, research and learn before diving deep into investing.
But in this abundance of available information sources, which are the best sources to learn from? We are here to help you with ten websites you can visit for research before diving into your crypto journey.
CoinMarketCap
CoinMarketCap is a renowned cryptocurrency website that provides factual market analysis statistics, including price trends, market capitalization, and trading volumes. The website also includes historical data and daily trading volumes. CoinMarketCap stands out from the competition because it also offers ICO tracing for new and trending cryptocurrencies and tokens that are popular among investors.
CoinGecko
CoinGecko delivers a straightforward fundamental analysis of the market. Price, volume, and market capitalization are all tracked in addition to the price. Traders can also manage their cryptocurrency assets and DeFi trading portfolios using the site’s crypto portfolio management features.
CoinTelegraph
CoinTelegraph publishes articles about cryptocurrency and blockchain technology. Thanks to its simple features and cheerful, bright layout, the site is user-friendly. CoinTelegraph also has some of the most up-to-date information and research from crypto professionals and experts.
Cryptocompare.com
Cryptocompare.com provides the most comprehensive and reliable information on the cryptocurrency market. The platform gives institutional and ordinary investors access to real-time, accurate data on the most popular cryptocurrencies. In addition, Cryptocompare.com provides a thorough analysis of the market.
TradingView
TradingView is a famous cryptocurrency website that provides stock and cryptocurrency traders with charting and technical analysis tools. The cryptocurrency website offers large descriptive charts for individuals who want to access advanced features in real-time. Users can utilize its online charting tools for free or for a fee.
Crypto Daily
The Crypto Daily website is one of the most trusted sources by seasoned investors. Only genuine information about the most significant leading cryptocurrencies in the market, such as Bitcoin, Ethereum, and other popular cryptos, is available. It also has information about NFT and the metaverse. In addition, its breaking news section includes the most recent crypto data and events from around the world that are affecting the significant crypto assets, as well as the latest technologies integrated into the market.
Lunar Crush
Lunar Crush uses artificial intelligence and machine learning to compile some of the most valuable cryptocurrency data. In addition, the site organizes and makes sense of data using innovative and advanced technology. This involves data collection for social interaction, such as Twitter activity, Reddit news, and Google search volume, among other things.
Messari
Messari is a crypto data aggregator that lets investors find helpful, hidden information and invest accordingly, allowing them to create data-driven investment portfolios. In addition, the platform attempts to assist investors in making more informed trading decisions. The Messari screener enables users to sort coins based on various criteria, including liquid market cap stock, flow on-flow data metrics, sector, coin categories, and other factors.
Glassnode
Glassnode creates on-chain market indicators for cryptocurrencies like Bitcoin and Ethereum. The free dashboard on the site offers data on address activity, circulating supply, trade volume, transaction fees, and more. In addition, Glassnode provides clean charts that are easy to read and adjust.
WazirX
Okay, so what is an exchange doing among the list of research websites, you ask. WazirX aims to create an enormous impact in the Indian Crypto space. The crux of a decentralized system is that it should be available for all, and a user should have choices in terms of preferences. And this applies to crypto education too. We are trying to ensure the availability of information sources for all. “Be the change you want to see in the world,” it is said, and we are putting our best foot forward to do the same. Along with the blog page that you are reading this article on, we have Project Reports, News site, Market Updates, and more; in English and ten other Indian languages.
Conclusion
Even though utilizing these tools doesn’t guarantee profits, they are necessary for an investor. These tools and websites are intended to assist an investor in making well-informed investment decisions. And you do not have to use all of them at once. Try your hands at a few and decide what works the best for you, then continue using it. While using a few of these tools for the first time can be daunting, once you get the hang of them, you’ll be able to make the best crypto decisions possible.
In conclusion, together let’s move towards the future of finance; but only after you DYOR!!
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.