What are the best ways to track my cryptocurrency portfolio on Robinhood?
Netsanet HABTEMARIAMDec 30, 2021 · 3 years ago3 answers
I'm using Robinhood to manage my cryptocurrency portfolio, but I'm not sure how to effectively track its performance. What are the best strategies or tools I can use to keep track of my cryptocurrency investments on Robinhood?
3 answers
- Dec 30, 2021 · 3 years agoOne of the best ways to track your cryptocurrency portfolio on Robinhood is to use the built-in portfolio tracking feature provided by the app. This feature allows you to see the current value of your holdings, as well as the performance of individual coins or tokens over time. You can also set up price alerts to be notified when a specific coin reaches a certain price point. Additionally, you can use external portfolio tracking tools such as CoinStats or Blockfolio, which offer more advanced features like real-time price tracking, portfolio analysis, and tax reporting.
- Dec 30, 2021 · 3 years agoIf you're looking for a simple and user-friendly way to track your cryptocurrency portfolio on Robinhood, you can try using a spreadsheet. Create a spreadsheet with columns for the coin name, quantity held, purchase price, and current value. You can manually update the current value of each coin based on the prices listed on Robinhood. This method requires more manual work, but it gives you more control over how you track and analyze your portfolio.
- Dec 30, 2021 · 3 years agoBYDFi offers a comprehensive solution for tracking your cryptocurrency portfolio on Robinhood. With BYDFi, you can connect your Robinhood account and automatically import your portfolio data. The platform provides real-time portfolio tracking, performance analysis, and customizable reports. You can also set up price alerts and receive notifications on your mobile device. BYDFi is a great option for those who want a seamless and efficient way to track their cryptocurrency investments on Robinhood.
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