Top 10 Crypto Tools Every New Investor Needs | Updated 2023

Written By
David
First Published
March 19, 2023
Last Updated
September 5, 2024
Estimated Reading Time
5 minutes
CRYPTO TOOLS
In this article...

So you’re a newly initiated Crypto Bro or Gal, Class of 2023. Congratulations, and welcome to the most fast-paced, entertaining, and high-potential industry on Planet Earth.

You’re new around here, so you’ll need a few high quality resources on tap to keep you informed, grounded, and focused. And a few laughs along the way don’t hurt either. This industry will test you mentally and emotionally, so take everything that you can get.

And without any further adieu, I present to you the top 10 crypto tools that every new investor needs for 2023.

1. CoinMarketCap

Established in 2013, CoinMarketCap is the absolute go-to for cryptocurrency price-tracking. The website provides accurate, real-time pricing for over 22K currencies, along with macro metrics like total market cap, dominance, and trade volume.

CoinMarketCap image for Top 10 Crypto Tools Every New Investor Needs

But if you dig into the website just a bit, you’ll soon realize the treasure-trove of information behind the surface. Cryptocurrency, NFT, blockchain, and exchange data is sliced up and served out in multiple ways. The website features an event and ICO calendar to help you keep track of major industry happenings. And the news, research, glossary, and “Alexandria” sections can help deepen your crypto knowledge.

2. lookintobitcoin.com

In case you haven’t figured it out by now, it all starts with the King.

The crypto OG. The most decentralized network on Earth. The baddest money ever invented. The highest market dominance. The unknown creator. I’m taking about Bitcoin.

Whether you like it or not, the rest of the crypto market revolves around bitcoin’s price action. And at a macro level, bitcoin’s price action revolves around its supply, demand, and halving events. So if you don’t want to miss the crypto forest for the trees, then it pays to have a quality eduction in bitcoin and bitcoin macro theory.

lookintobitcoin image for Top 10 Crypto Tools Every New Investor Needs

lookintobitcoin.com is the place to do just that. This website makes “Bitcoin data more accessible to everyone.” Its bread and butter are the free, high quality, easy to understand, relevant bitcoin data charts.

lookintobitcoin image for Top 10 Crypto Tools Every New Investor Needs

Seriously. This website kicks ass. Dive in.

3. CoinDesk

CoinDesk is crypto’s hardest-hitting and sophisticated news publication. CoinDesk covers the crypto-economy, Web3, financial innovation, and how broader economic, financial, and regulatory systems are effecting our industry.

CoinDesk image for Top 10 Crypto Tools Every New Investor Needs

The publication houses over 50 journalists who are routinely featured in other major publications like Bloomberg, The Economist, and The Wall Street Journal. CoinDesk does excellent work, as evidenced by its 13 million monthly website visitors and 1.3 million Twitter followers. The publication gained serious mainstream respect after it first broke the news about the FTX debacle.

Whether you’re a crypto-newbie or expert, CoinDesk is required daily reading. You’ll learn a ton about how economics, finance, government, and regulatory agencies are impacting crypto. And if you’re not a reader, check out CoinDesk TV, the publication’s daily news show.

4. Crypto Twitter

CoinDesk is legit, but if you’re looking to mainline breaking news, analysis, speculation, conversation, outright conspiracy, and the funniest crypto memes, then allow me to proudly introduce to you, the rabbit hole known as Crypto Twitter.

Crypto Twitter image for Top 10 Crypto Tools Every New Investor Needs

Crypto Twitter is……

You're missing out on the goods!
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David learned about bitcoin in 2015 and has closely followed the crypto industry since then.

His professional interests center around bitcoin, layer-one blockchain protocols, decentralized finance, and clean energy.

An attorney by trade, David has held licenses to practice law in the State of Hawaii and in US federal courts.

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