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What are the best ways to track my Bitcoin investments?

avatarmrahimiDec 29, 2021 · 3 years ago3 answers

I'm looking for the most effective methods to keep track of my Bitcoin investments. What are some of the best ways to monitor and manage my Bitcoin portfolio?

What are the best ways to track my Bitcoin investments?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the best ways to track your Bitcoin investments is by using a cryptocurrency portfolio tracker. These platforms allow you to connect your exchange accounts and wallets, providing you with real-time updates on your holdings, current prices, and overall portfolio performance. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. They offer features like price alerts, portfolio analysis, and historical data to help you make informed investment decisions.
  • avatarDec 29, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can manually track your Bitcoin investments using a spreadsheet or a dedicated investment tracking tool. This method requires you to enter your transactions, including buys, sells, and transfers, and update the prices regularly. While it may take more effort, it gives you complete control over your portfolio and allows for customization based on your specific needs. Just make sure to keep your records accurate and up to date.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a built-in portfolio tracking feature. With BYDFi, you can easily monitor your Bitcoin investments and other cryptocurrencies within the platform. It provides you with detailed information on your holdings, including current prices, gains/losses, and historical performance. Additionally, BYDFi offers advanced trading features and a user-friendly interface, making it a convenient choice for both beginners and experienced traders.