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An observation list, also known as a watchlist in English, is a tool used in the world of crypto assets to monitor specific assets to track their values and price changes. It is a list created by investors, traders, and cryptocurrency market enthusiasts to track selected cryptocurrencies or tokens. By observing these assets, one can quickly react to market changes and make investment decisions based on current information.

What is an Observation List?

An observation list is a tool that allows users to save selected financial assets in one place. This enables them to monitor chosen cryptocurrencies without the need to search the entire market for information of interest. This is particularly useful for active traders who engage in frequent transactions and monitor price changes.

How to use an Observation List?

To use an observation list, a user must first log in to a platform that offers such a tool. They can then add selected cryptocurrencies to their list, specify the time interval in which data will be updated, and set notifications for significant price changes. This gives investors constant access to information about assets they care about, facilitating investment decision-making.

Advantages of an Observation List

An observation list allows users to focus on specific assets of interest, eliminating the need to track the entire market. This saves time and allows users to concentrate on key information that can influence investment decisions. Moreover, the observation list can be customized to individual preferences by adding or removing assets as needed.

It is worth noting that an observation list is not only a useful tool for experienced traders but also for novice investors who want to better understand the cryptocurrency market and monitor selected assets.

Overall, an observation list is a significant element in the arsenal of any investor in the crypto asset market. It allows for effective monitoring of selected assets, analysis of their behavior in the market, and informed investment decision-making based on current information.


20 December 2024 | 15:01

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