Are there any recommended methods to keep track of my cryptocurrency holdings?
rhhykuDec 30, 2021 · 3 years ago3 answers
What are some recommended methods or tools that can help me keep track of my cryptocurrency holdings? I want to be able to easily monitor the value and performance of my investments in different cryptocurrencies. Are there any specific platforms or apps that are popular for this purpose?
3 answers
- Dec 30, 2021 · 3 years agoOne popular method to keep track of your cryptocurrency holdings is by using a cryptocurrency portfolio tracker. These platforms allow you to input your holdings and track their value in real-time. Some popular portfolio trackers include CoinTracking, Blockfolio, and Delta. They provide features such as price alerts, portfolio performance analysis, and historical data. Additionally, many cryptocurrency exchanges also offer built-in portfolio tracking features that allow you to monitor your holdings directly on their platforms.
- Dec 30, 2021 · 3 years agoIf you prefer a more hands-on approach, you can create a spreadsheet to manually track your cryptocurrency holdings. This allows you to customize the tracking process according to your preferences. You can include columns for the cryptocurrency name, quantity held, purchase price, and current value. By regularly updating the spreadsheet with the latest prices, you can calculate the total value of your holdings and track their performance over time.
- Dec 30, 2021 · 3 years agoAt BYDFi, we offer a comprehensive cryptocurrency portfolio management tool that allows you to keep track of your holdings across multiple exchanges. Our platform provides real-time price updates, portfolio performance analysis, and customizable alerts. You can also view your portfolio's historical performance and export data for tax purposes. With BYDFi, managing your cryptocurrency holdings becomes effortless and efficient.
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