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You need tools to be effective and productive

Good tools will support you many times: during portfolio management process, by feeding you with market’s news and asset performance statistics, through out of investing automation and notifications of investing signals and so on

Find a good broker

  • Look on a transaction fees – DCA require low fees
  • You have to be an owner of an assets: stocks, crypto etc 
  • Owner can transfer his/her investment to other broker
  • Support for dividend taxes 
  • Yearly statement in a format easy to provide to tax office 
  • Tools for automation, open API etc – automate your DCA
  • Powerful mobile apps – always have a control
  • Easy to read and customisable dashboard
  • Configurable notifications
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Setup and maintain your Emergency Found

  • It will help you to survive in case of Black Swan from global perspective or your standpoint
  • It will give you mental comfort during market volatility or uncertainty
  • You can take more risk, invest in assets with more potential of high ROI, training to hit into 5x, 10x asset(s)
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Cyber Security

  • You can make everything properly, but also lose everything someday if you will not follow security good practices
  • Use only legal solution and trusted platform(s)
  • Always set up multi-factor authentication and strong password 
  • Be aware about social engineering and other type of cyber attacks
  • Diversify your tools, platforms and split your portfolio between them
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Test your strategy

  • Use your broker demo account
  • Test your strategy on dynamic, always available market eg crypto market is open 24/7, only low positions
  • Use excel and historical data to test your strategy
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Crypto market is perfect testfield

  • You will get feedback fast
  • Outcomes are more vivid 
  • Cycles repeat more frequent
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Portfolio Manager

  • You have to track your assets and changes in their value
  • You have to know whether you are on profit or on lost
  • Knowledge about average buy prices of your assets is crucial in terms of DCA
  • Integration of your Portfolio Manager with your Broker account is “nice to have”
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Best Online Brokerage Accounts and Trading Platforms

in USA

  • Best Overall: Fidelity Investments
  • Best Broker for Beginners: TD Ameritrade
  • Best Broker for Mobile: TD Ameritrade
  • Best Broker for Options: tastyworks
  • Best Broker for Low Costs: Fidelity Investments
  • Best Broker for Advanced Traders: Interactive Brokers
  • Best Broker for International Trading: Interactive Brokers
  • Best Broker for ETFs: Charles Schwab

in Europe

  • Best Overall: eToro
  • Best Broker for Mobile: AvaTrade
  • Best Broker for Advanced Traders: Interactive Brokers
  • Best Broker for ETFs: DEGIRO
  • Best Broker for Forex: XTB
  • Best Broker for Options: Firstrade

Best Cryptocurrency Platforms

Exchanges

  • Best for Beginners: Coinbase
  • Best for Low Fees and Advanced Trading: Binance
  • Best for Security: Crypto.com
  • Best for Earning Interest: BlockFi
  • Best Decentralized Exchange: Bisq
  • Best for Auto/Bot-Trading: Pionex
  • Best for Crypto Arbitrage: Bitsgap

Wallets

  • Best for beginners: Coinbase Wallet
  • Best for Bitcoin: Electrum
  • Best for mobile: Mycelium
  • Best for offline crypto wallet: Ledger Nano X
  • Best for desktop: Exodus
  • Best for Ethereum: MetaMask
  • Best deFi wallet: Crypto.com

Best Advice Subscription

Please note that, with regard to stocks, the services listed below specialize in investment, while cryptocurrency signals are more focused on trading and speculation, based on technical analysis. Nevertheless, some crypto signal services provide information and recommendations for a dollar-cost averaging (DCA) and long-term approach, such as UCS. Additionally, the majority of stock advice subscription services are available through web platforms, whereas most crypto signal services provide information via the Telegram messenger.

Stocks investing

  • Best Advisor Service: Motley Fool Stock Advisor
  • Best for Growth Stocks: Motley Fool Rule Breakers
  • Best for Investment Research: Seeking Alpha
  • Best for Daily Trade: Zacks Investment Research
  • Best for Fundamentals-Driven Investors: Morningstar
  • Best for Comprehensive Investment Advice: The Maley Report

Crypto signals

  • Elliott Wave Forecast (Live Trading Rooms, Not only Crypto)
  • Signals Blue (Telegram, API)
  • Crypto Alarm (Telegram)
  • Fat Pig Signals (Telegram)
  • UCS: Universal Crypto Signals (Telegram, Cornix Trading Bot)
  • Verified Crypto Traders (Chat, Channels)
  • 4C Trading (Bots, Trade Room)
"A good tool improves the way you work. A great tool improves the way you think."​
Jeff Duntemann
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