Choosing the right computer for cryptocurrency trading is key to your success as a trader. When you are thinking about buying a new computer for crypto trading, there are many factors that you need to consider. But with so many models and configurations to choose from, it can get confusing to know what you need, especially if you’re a PC trading novice. Below are some of the most important factors you should look at for choosing the best computer for crypto trading.
What to Look for in a Crypto Trading Desktop Workstation
Trading computers are uniquely designed machines made to handle the needs of traders. They are typically faster and more potent than standard desktop computers as traders must be able to process a lot of data quickly. Here are features to keep in mind when shopping for a crypto trading workstation.
Processor Speed
Processor speed determines how fast the computer processes information and executes operations. If you’re planning to use your computer for high-frequency PC trading, you need a faster processor. Look for a setup with a minimum of six to eight processor cores for a beginner system, or 12 cores for a more advanced one.
Memory (RAM)
RAM is your computer’s short-term memory. Computers with more memory operate faster and can run multiple programs more smoothly. Look for a computer with at least 16GB of RAM. For serious traders who want to take their performance to the next level, additional RAM may be worth the cost.
Hard Drive
Your crypto trading computer setup must be reliable to be effective for trading. It should run smoothly with proper cooling to avoid overheating or hard drive failure. Choose a computer with a solid-state drive (SSD) as this type of hard drive offers the best reliability and speed.
Display
To trade efficiently, you need easy access to a lot of data; having multiple monitors makes it easier to view the information you need to make informed decisions. Workstations typically have numerous monitors with screens large enough so you can see all relevant information clearly. Your station should have multiple display screens, but how many is enough? Two or three monitors are usually sufficient for most beginners. However, some professionals prefer workstations with four, six, or even eight monitors– it all depends on what will help you work most efficiently.
Service and Support
No matter how new or advanced your computer is, you’re bound to run into technical issues. You’ll never be able to avoid problems completely, so it’s crucial that you shop from a computer company that prioritizes customer service and offers technical support. Check the warranty before purchasing any system to ensure you have the robust coverage you need.
How to Choose a Laptop for Crypto Trading
If you’re a crypto trader looking for a portable workstation, consider buying a trading laptop. These mobile systems allow you to work from anywhere, but are generally more expensive than multi-monitor workstations. However, they typically don’t provide as much computing power or multi-monitor support. To choose the best laptop for crypto trading, keep these crucial factors in mind.
Speed
Your system’s speed is critical whether you’re trading on a desktop computer or a laptop. Having multiple processors allows a laptop to process various operations with better performance. Look for a laptop with four processor cores or more.
RAM
More RAM will help your laptop to run faster and smoother. The best laptop for trading crypto will have at least 16GB of RAM. However, if you can upgrade to 32GB, you should.
Hard Drive
Much like a desktop setup, you should look for a trading laptop with an SSD. This will help you to run all the programs you need while PC trading.
Display
The best laptop for trading crypto should have a screen of at least 15.6 inches so you can read your charts without squinting. One of the drawbacks of using a laptop is that you’re limited with the number of external monitors you can connect; most can only support two monitors (the laptop screen plus one other). Check the laptop’s specs to determine how many monitors you can connect to ensure you can create an ideal workspace. TradingComputers.com has laptops that support 2, or even 3, external monitors while still retaining use of the laptop’s screen.
Battery Life
The best trading laptops from TradingComputers.com have high-end mobile processors, or even desktop processors. Because of this they use a lot of electricity, which means that even the most energy efficient laptop will drain its battery quickly. Another factor to consider is that laptops are set to reduce power to the processor when running on battery, which means their performance drops considerably. For these reasons, it’s best to have your trading laptop plugged in while trading or during long work periods.
Service & Support
You’ll inevitably experience some type of technical problem with your laptop. Avoid future trouble by choosing a system with comprehensive warranty coverage, excellent customer service, and technical support.
Desktop vs. Laptop For Crypto Trading: Which is Right for You?
If you’re a crypto trader looking for a portable workstation, consider buying a trading laptop. These mobile systems allow you to work from anywhere, but are generally more expensive than multi-monitor workstations. However, they typically don’t provide as much computing power or multi-monitor support. To choose the best laptop for crypto trading, keep these crucial factors in mind.
- Desktop computers are more powerful than laptops. While there may be some exceptions, most laptops do not have the same processing power as desktops.
- Laptops are generally more expensive than desktops. The smaller the technology, the more expensive it becomes.
- Desktops can support more monitors than laptops from the outset, depending on the specs of the computer. Desktops can also be upgraded to support more monitors after purchase, laptops cannot.
- Laptops are more portable. A laptop may be the better choice if you travel a lot or prefer to work on the go. Just keep in mind you will need a power outlet nearby.
What About Video Cards?
While crypto mining was big in the early life of crypto trading – driving up the need for powerful video cards – this need has diminished over time due to proof of stake. In today’s crypto market, crypto mining does not provide the rewards it once did. Now video cards – and less expensive cards at that –are only neededfor multi-monitor setups.
Do I Need a VPN For Crypto Trading?
We at Trading Computers believe that safety and security are extremely important while trading and using our systems. Virtual Private Networks (VPNs) can help keep you safe while sending orders through your brokerage via the internet. But what is a VPN? And how do different internet protocols work? Read about VPNs here.
The Best Computer for Trading
If you’re searching for the best computer for crypto trading, check out the professional workstations from TradingComputers.com. We are market leaders in trading computers, and all our systems are built and tested in the USA. We offer some of the most powerful crypto trading computer setups and the best laptop for crypto trading with superior specs and customizable features.
When buying a new computer for crypto trading, there are many things to consider. No matter if you’re shopping for a laptop or a desktop workstation, you’ll need to consider the speed, memory, hard drive, display, and more. With the information above, you’ll be able to find the best computer for crypto trading that meets and surpasses your needs.
Visit us to check out all of our incredible crypto trading computer setups.
