There are many services someone can use to manage their cryptocurrency, so it can be hard to pick the right one for you. There are several apps and programs created to make the life of the investors easier. But which ones are the best? Sometimes it can be hard to be sure.
Today, we are going to review a service offered by a site called CoinCheckUp. Is this the perfect site for you? Read our review and you will know it.
What is CoinCheckUp?
CoinCheckUp describes itself as a site made for cryptocurrency market analysis and investment stats. Basically, this a site which you can use to know how are the cryptocurrency markets around the world.
It has four sections: Market, Analysis, Investment, and Predictions.
The Market section gives you all kind of information about the most popular cryptocurrencies in the market, like their price, volume, market cap.
In the Analysis section, you will have eight categories for each company. These categories use a number from 0% to 100% to describe how good is the company on some aspects like communication, team, advisors, product, business, etc. You can also click on a certain company for more stats about it.
The Investment section reunites information about those companies that might help an investor to decide when and how to invest better. Looking at it, you can have the best information to invest in a more informed way. For example, you can look at the percentage of “winning months” of some cryptocurrency or their cumulative return on investment.
In the Predictions section, you can look at the most important information to know how much any cryptocurrency can be worth in the future. Of course, this section is subject to errors, but it can be somewhat accurate.
You can also sign in the site for free to access new features and personalize your use of it.
How does CoinCheckUp work?
The site claims that its information cannot be used for investment advice, only for informational purposes. Their formulas for the calculations are provided by themselves and their base information by CrytoCompare and CoinMarketCap.
How to use CoinCheckUp?
You can either sign in for free or just browse the site. The use is pretty straightforward. You can click on specific companies for specific information or look at the sections. You can also use the search bar to look for specific information about any company. The information is pretty complete, so you probably will not have many issues while using the site.
You only need an email to sign in and that will allow you more detailed historical information about these cryptocurrencies and companies and track all of your favorite coins. Also, you can compare coins signing in the site.
CoinCheckup The Verdict
CoinCheckUp seems like a good choice of a site for non-professional investment. It cannot give you profession information on how to invest, but it can give you pretty solid information. Because of this, it can be a very interesting option for anybody that is wanting to invest wisely.
Should you use it? Yes, but be aware that the site is not always right when making predictions and that you will still need to be cautious when investing your cryptocurrency.