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What is the best way to track all in one for cryptocurrency investments?

avatarItay SteingoldDec 26, 2021 · 3 years ago3 answers

I am looking for the most efficient method to track all my cryptocurrency investments in one place. What is the best way to do this? I want to be able to easily monitor the performance of my investments, track my portfolio's value, and receive real-time updates on price changes. Are there any platforms or tools that can help me achieve this?

What is the best way to track all in one for cryptocurrency investments?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best ways to track all your cryptocurrency investments in one place is by using a portfolio tracker. There are several portfolio tracking platforms available that allow you to connect your exchange accounts and automatically import your transactions. These platforms provide you with a comprehensive overview of your portfolio's performance, including the current value, profit/loss, and percentage change. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. These platforms also offer features like price alerts, news updates, and portfolio analysis tools to help you make informed investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can create your own spreadsheet to track your cryptocurrency investments. This allows you to customize the tracking process according to your specific needs. You can manually enter your transactions, calculate the current value of your holdings, and create charts to visualize your portfolio's performance. However, this method requires more time and effort compared to using a portfolio tracker. Additionally, you won't have access to real-time data unless you manually update your spreadsheet regularly.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a great platform that offers an all-in-one solution for tracking cryptocurrency investments. It allows you to connect your exchange accounts, import your transactions, and provides a comprehensive overview of your portfolio's performance. You can easily monitor the value of your investments, track price changes, and receive real-time updates. BYDFi also offers advanced features like automated trading, portfolio rebalancing, and tax reporting. It's a powerful tool for both beginners and experienced investors.