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Some call cryptocurrency “digital gold.” In many ways, it’s true. Cryptocurrencies like Bitcoin are both scarce and lucrative, much like physical gold. And for a time, a gold of sorts occurred when crypto hit its popularity peak.
Bitcoin has a peak minting (21 million) which has led to other cryptocurrencies being created to supply demand. Some invest to get “rich” quickly, while others do it to take part in a decentralized banking platform. Most buy cryptocurrencies to supplement income and hedge bets on the future of finance; if a decentralized, peer-to-peer system really is how banks will conduct business in the future, now is a great time to get involved.
You can’t just show up to a cryptocurrency store and buy Dogecoins, though. A digital currency requires a digital platform – and anything digital is experienced via the web or apps. Here we’ll discuss some of the best apps for crypto, and a few of the best apps for stocks. We’ll even discuss some of the best apps for budgeting, including an alternative to QuickBooks, that will help you manage all your money.
Investing in cryptocurrency requires a bit of know-how, but it’s not difficult. One you understand the nuance of how to purchase, trade, and sell cryptocurrency online you’ll be able to get up and running in no time.
You’ll also want a way to track your crypto investment, particularly if you’re using several apps or have invested in a few different cryptocurrencies. The last thing you’d want to do is forget you have money in your “wallet” come tax time!
It’s best to consider crypto investing the same way you would stock market investing. Look to invest when prices are low and monitor crypto performance to decide if – and when – you should cash out. It’s best to have apps dedicated to things like market monitoring, money management, and investing.
These are some of the absolute best apps for investing in crypto, managing your funds, and tracking all the investments you’ve made as well as the performance of those cryptocurrencies.
Investing your hard-earned money in crypto is not a decision to make lightly. You should be keeping close tabs on your investment by watching the crypto market. This is where Moonitor shines.
You can manage any crypto you’ve invested in on the market(s) you’re trading on. Because various markets trade cryptocurrencies differently, it’s important to track your specific crypto on the market it’s trading on.
Carefully monitoring your investment is a smart way to know when you should sell, buy more, move to another market, or accept your losses. Moonitor tracks a cryptocurrency’s history over the past 24 hours and gives you daily snapshots of the past 90 days.
Think about it: you’ve got bank accounts, credit card bills, a car payment, utility bills, rent or mortgage – and now crypto investments! It’s a lot to keep track of. You probably need help – you probably need MoneyWiz.
MoneyWiz tracks all your bills and accounts in one place, including your cryptocurrency investments, in one app. It breaks your various accounts into types, like credit cards and bank accounts. You can even track cash-on-hand and investments!
The app treats cryptocurrencies as investments and gives you a market synopsis. If you don’t want to monitor investments in real-time, MoneyWiz is a great app for managing your cryptocurrency investments.
Do you need a quick, easy, no-nonsense app for tracking your various expenses? Good news: there’s an appropriately named app just for that purpose!
Expenses (see?!) tracks any expense you input and categorizes your expenses by type. Think you’re spending too much eating out lately? Expenses will know for sure.
You’ll be able to view expenses as listed categories or handy line or donut charts. You can even create campaigns for trips or – you guessed it – cryptocurrency investments. Expenses is a sensational way to keep track of how much you’ve invested in crypto, and when. You can even track per-cryptocurrency investments. Trust us, this comes in very handy when tax season rolls around!
GreenBooks is the best QuickBooks replacement you’ll find. If you’re looking for pro-level investment, account, spending, and income management without the expert-level expense QuickBooks demand, GreenBooks is for you.
Where GreenBooks stands out is its ability to monitor all your accounts in one place and provide a holistic overview of your financial situation. You’ll be able to see how your income is structured, trends for each account, and spot underperforming income accounts. It’s a fantastic way to manage income from cryptocurrency investments.
You’ll also be able to set budgets, which is a smart way to manage the growth of your crypto portfolios without overspending.
Want to keep track of your bills on the go?
Visualize spending, track bills and payments, set up bill reminders, and more. Chronicle is an intuitive app that helps you grow your financial portfolios by carefully managing and monitoring spending. It syncs via iCloud to your iOS and iPadOS apps, too.
When you want to pay a bill, click the link in the profile for the payee and Chronicle opens a secure browser where you’re free to conduct business without the risk of spyware or trackers.
When you invest in cryptocurrency, you’re accepting financial responsibility for the investment. Keeping track of your finances and portfolio is important and will save you a lot of time trying to cobble together data on your own.
Moonitor is a great real-time app for tracking your crypto investments; MoneyWiz is a wonderful app for tracking your entire financial situation; Expenses helps you grasp where your money is going; GreenBooks is the best QuickBooks replacement you’ll find; Chronicle keeps you paying bills on-time to manage spendings better.