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What are the recommended methods for tracking the performance of my digital asset investments?

avatarSwapnil MahajanDec 29, 2021 · 3 years ago3 answers

I'm looking for the best ways to keep track of the performance of my digital asset investments. What are the recommended methods or tools that I can use to monitor and analyze the performance of my investments in cryptocurrencies?

What are the recommended methods for tracking the performance of my digital asset investments?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the recommended methods for tracking the performance of your digital asset investments is to use a portfolio tracker. There are various portfolio tracking tools available online that allow you to input your investment details and track the value and performance of your digital assets in real-time. These tools often provide charts, graphs, and other visualizations to help you analyze the performance of your investments. Some popular portfolio tracking tools include CoinStats, Blockfolio, and Delta. By regularly monitoring your portfolio using these tools, you can stay informed about the performance of your digital asset investments and make informed decisions.
  • avatarDec 29, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can manually track the performance of your digital asset investments using a spreadsheet. Create a spreadsheet and input the details of your investments, including the purchase price, quantity, and date. Then, update the spreadsheet regularly with the current value of your investments. You can use formulas to calculate the percentage change in value and track the overall performance of your portfolio. While this method requires more effort and manual input, it gives you full control over the tracking process and allows for customization based on your specific needs.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we recommend using our advanced tracking and analytics platform to monitor the performance of your digital asset investments. Our platform offers real-time data, comprehensive charts, and advanced analytics tools to help you track and analyze the performance of your investments. With BYDFi, you can easily view your portfolio's value, track your gains and losses, and identify trends and patterns in the market. Our platform also provides personalized insights and recommendations based on your investment goals and risk tolerance. Start tracking your digital asset investments with BYDFi and take control of your portfolio's performance.