For new traders and investors in the crypto world, the existence of an ICO calendar and a crypto calculator is very helpful in making transactions. Including choosing profitable coins..
In the world of cryptocurrency, the term ICO (Initial Coin Offering) is no stranger. But of course new traders still have to learn it. One of the tools to get a good ICO is the ICO calendar.
Apart from that, traders can also take advantage of special crypto calculators to predict trading profits. As well as predicting price fluctuations.
So, through this article, let’s understand the meaning and benefits of these two tools in the trading process.
What Is ICO Calendar
ICO is an offering that a company makes by issuing and selling their original coins. The general goal is financing. The native coin purchase must be made using settled crypto such as Bitcoin and Ethereum.
Well, if the investors want to buy a profitable and attractive ICO, they can use the ICO calendar. This calendar is a tool in the form of a site that provides complete information about ICOs that will be launched or are currently underway.
This information includes the ICO white paper, launch date, duration, offering technicalities, and the number of tokens sold. This information allows investors to compare multiple ICOs and choose the one that is most attractive to them.
Advantages of Using the ICO Calendar
Why should I use this calendar? Because it is clear, this tool provides benefits for investors, including:
• Reducing the possibility of investors choosing the wrong crypto instrument. Because the information in the calendar is very complete and detailed.
• Helping investors avoid underperforming and potentially detrimental cryptocurrencies.
• Help investors see the potential of the coins they are eyeing and estimate the costs required.
In essence, this calendar is very useful for investors to make the right investment decisions.
What Is a Crypto Calculator
Apart from the calendar, there is also a crypto calculator tool. So, unlike other calculators that work to calculate nominal values, this calculator converts crypto prices online and in real time.
Crypto calculator can convert the value of one blockchain to another. For example Shiba Inu with Bitcoin. This tool can also convert blockchain values into fiat currency. Fiat currency is the official currency issued by the state, such as dollars, euros, rupiahs or yen.
Well, if the investors want to buy a profitable and attractive ICO, they can use the ICO calendar. This calendar is a tool in the form of a site that provides complete information about ICOs that will be launched or are currently underway.
This application can be easily downloaded on Google Play such as Currency and Crypto Converter or CoinSwitch. There are also websites like CoinMarketCap.
With these tools, crypto investors and traders will find out a comparison of crypto prices as well as price fluctuations and developments. So that you can make more accurate trading decisions.
How about you? Have you tried using the ICO calendar and crypto calculator as described above? Hopefully this discussion is useful and expedites your trading.
