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

avatarImani Ringgold-DabellJan 05, 2022 · 3 years ago3 answers

As a cryptocurrency investor, I want to ensure that I can effectively track the performance of my investments. What are the most reliable and efficient methods to monitor the progress of my cryptocurrency portfolio?

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

3 answers

  • avatarJan 05, 2022 · 3 years ago
    One of the best ways to track the performance of your cryptocurrency investments is by using a portfolio tracker. There are various portfolio tracking platforms available that allow you to input your holdings and monitor their value in real-time. Some popular options include CoinStats, Blockfolio, and Delta. These platforms provide comprehensive insights into your portfolio's performance, including price changes, profit/loss calculations, and historical data. Additionally, they often offer features like price alerts and news updates to keep you informed about the market trends.
  • avatarJan 05, 2022 · 3 years ago
    If you prefer a more hands-on approach, you can manually track your cryptocurrency investments using a spreadsheet. Create a spreadsheet with columns for the coin name, quantity held, purchase price, and current price. Update the current price regularly and calculate the profit/loss for each investment. This method allows for customization and flexibility, but it requires more effort on your part to maintain and update the spreadsheet regularly.
  • avatarJan 05, 2022 · 3 years ago
    At BYDFi, we understand the importance of tracking your cryptocurrency investments. Our platform provides a user-friendly interface that allows you to monitor the performance of your portfolio effortlessly. With real-time data, detailed charts, and customizable alerts, you can stay on top of your investments and make informed decisions. Sign up for a BYDFi account today and experience the convenience of tracking your cryptocurrency investments with ease.