Set up cryptocurrency price alerts to know when to buy and sell

The prices of ether, bitcoin and other popular cryptocurrencies fluctuate constantly – the valuation you see in the morning will likely not be the price you see in the evening. Whether this is a good thing depends on whether you are buying and selling – and when you are.

As a buyer, you want to buy cryptocurrencies or tokens during a decline, when the value of an asset has fallen. As a seller, you want to liquidate your crypto assets when they are at their peak. For optimal success in cryptocurrency trading, you must always be aware of the price of your cryptocurrency. Even if you only have a few hundred dollars worth of cryptocurrency, you still want to know when its price goes up or down.

Insert cryptocurrency price alerts. Twitter websites, apps, and bots allow you to quickly set up price alerts so you are notified when a coin reaches a certain target price or changes in value by a certain percentage, helping you learn when to buy and sell.

Here’s how to set up cryptocurrency price alerts. For more info, discover ours best cryptocurrency exchanges And the best cryptocurrency and bitcoin wallets.

What are the different types of cryptocurrency price alerts?

A typical price alert allows you to receive notifications whenever a particular cryptocurrency falls below or above a target price. For example, you can get notified whenever the ether drops below $ 1,000, in case you want to buy at a lower price.

You can also set a price threshold option. For example, you can set a 20% threshold to trigger a price alert when a given coin rises by 20% (for example from $ 1,000 to $ 1,200) or falls by 20% (for example $ 1,000 to $ 800).

And you can use a price tracker to view the price of a coin at certain time intervals. Twitter has a bot that tweets the price of Ethereum every 15 minutes. If you’ve enabled notifications for that profile, you’ll receive general price alerts every 15 minutes.

Why Do I Need Cryptocurrency Price Alerts?

The cryptocurrency market is volatile and prices change from second to second, depending on factors such as supply and demand, trading availability, regulations, and more. A random tweet from a billionaire could drastically change the price of your coin at any time of the day or night.

Due to these fluctuations, it is important to be on top of cryptocurrency prices, especially if you are looking to invest in a coin or if you already own coins and want to sell them. Of course, knowing the current price doesn’t always help to know where it will go next, but at least you have a number to compare against the price of last year, month or week – or yesterday.

How Do I Set Up Cryptocurrency Price Alerts?

The best way to plan your cryptocurrency price alert is through websites like Cryptocurrency Alerting and Coinwink, which allow you to choose a coin, set a threshold, and select who to notify and how.

On Cryptocurrency Alerting, you can choose the following:

  • Type of notification: Choose how you want to receive notifications: email, SMS, push notification, phone call or browser.
  • Coin / Signal: Select your cryptocurrency: ethereum, bitcoin, tether, dogecoin or tens of thousands of others.
  • Theshold: Select if you want to be notified when the price goes up over or under a specific point.
  • Price: Enter the specific price that will trigger the alert.
  • Currency: Choose the size of your price alert: US dollar, a foreign fiat currency (like the Euro) or crypto (like Bitcoin).
  • platform: Choose an exchange platform such as Coinbase, Binance or FTX for cryptocurrency price data.

Once you’ve chosen your metrics, click or tap Set alert and create a free account to start receiving cryptocurrency price alerts.

Cryptocurrency Alerting has dedicated apps for the App Store (iOS) and Play Store, which can provide you with price alert push notifications directly through your mobile device’s operating system.

A simpler option for cryptocurrency price alerts is Coinwink, which pulls data from Binance’s proprietary data site CoinMarketCap. Unlike cryptocurrency alerts, Coinwink does not require you to create an account to receive price alerts. All you need to do is:

  • Choose how you want to be notified (email or SMS)
  • Select the coin you want to track
  • Enter your email or phone number
  • Set the threshold price for which you want to trigger an alert

You can also choose to be notified when a price rises or falls by a certain percentage. Use the toggle at the top right to switch between price-based and percentage-based alerts. Blow Create alert when you have finished.

Do any of my crypto apps offer price alerts?

The most popular exchange platforms offer features built into their apps and websites that will send you push notifications when the price of a cryptocurrency changes.

For example, with Binance you can search for a cryptocurrency, press “Warning” at the bottom and select an alert type (for example a price rises above a certain threshold), a price and the frequency for which you want to receive alerts.

In Coinbase, you can receive daily alerts for all the coins you have bought in the past, as well as for the coins you currently own. However, you cannot select the parameters for these price alerts – you will receive them based on what Coinbase considers important (e.g. a sizable drop).

Robinhood allows you to receive notifications for 52-week highs or lows. If the price of a coin reaches its highest or lowest point in the last year, you will receive an alert.

And in mobile payment services like Venmo and Cashapp, which now both support cryptocurrency, you can set up percent price change alerts for cryptocurrencies like bitcoin.

Each trading platform will have some form of price alert notification. Explore the app or website settings to enable them, if they are not already enabled automatically.

Check prices with Twitter trackers and bots

In addition to price alerts, you can simply monitor the price of any cryptocurrency using websites and social media. Time NextAdvisor (which is owned by Red Ventures, which is also the parent company of CNET) has dynamic price tracking pages for both BTC and ETH that include historical data, 24-hour highs and lows, daily trading volume, and market capitalization data.

On Twitter you will find dozens, if not hundreds of bots that track the price of Ethereum. @ Ethereum8Newscreated by @ totigm8tweets the price of ETH every 15 minutes, pulling data from Binance. @ Bitcoin8News does the same for bitcoin, and @ BNB8News binancecoin tracks. You can find other tracking robots by searching for your coin name plus “price tracker” or “updates”.

If you follow any cryptocurrency price tracking account on Twitter, you can then hit the notifications icon at the top right of their profile pages to receive alerts whenever robots send tweets.

To know more, learn how to protect your cryptocurrencies and tokens from theftand see how the US government could regulate cryptocurrencies in the future.

Leave a Reply

%d bloggers like this: