How can I track the performance of my crypto financial assets?

What are some effective ways to track the performance of my cryptocurrency investments?

3 answers
- One effective way to track the performance of your cryptocurrency investments is to use a portfolio tracker. There are several portfolio tracking tools available online that allow you to input your holdings and track their value in real-time. These tools often provide charts and graphs to help you visualize the performance of your investments over time. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. By regularly monitoring your portfolio using these tools, you can stay informed about the performance of your crypto assets and make informed investment decisions.
Mar 19, 2022 · 3 years ago
- If you prefer a more hands-on approach, you can track the performance of your crypto assets manually. This involves keeping a record of your investments, including the purchase price, quantity, and date of each transaction. You can then calculate the current value of your holdings based on the current market prices. While this method requires more effort, it allows for greater customization and control over your tracking process. Additionally, by manually tracking your investments, you can gain a deeper understanding of the market and how your assets are performing.
Mar 19, 2022 · 3 years ago
- Another option is to use a cryptocurrency exchange that offers built-in portfolio tracking features. For example, BYDFi, a popular exchange, provides a comprehensive portfolio tracking tool that allows you to monitor the performance of your assets directly on the platform. This can be convenient if you already use BYDFi for your trading activities. However, it's important to note that relying solely on one exchange for portfolio tracking may limit your ability to track assets held on other exchanges. Therefore, it's recommended to use a combination of exchange-specific tools and external portfolio trackers to get a complete picture of your crypto asset performance.
Mar 19, 2022 · 3 years ago
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