How can I easily track the performance of my cryptocurrency portfolio?
Ahmad Ali AsgharDec 20, 2021 · 3 years ago3 answers
I have a cryptocurrency portfolio and I want to keep track of its performance. What are some easy ways to do that?
3 answers
- Dec 20, 2021 · 3 years agoOne of the easiest ways to track the performance of your cryptocurrency portfolio is by using a portfolio tracker app. There are many apps available that allow you to connect your exchange accounts and automatically import your transactions. These apps provide you with real-time updates on the value of your portfolio, as well as detailed statistics and charts to help you analyze your performance. Some popular portfolio tracker apps include Blockfolio, Delta, and CoinStats. Simply download the app, connect your exchange accounts, and you'll have all the information you need at your fingertips!
- Dec 20, 2021 · 3 years agoIf you prefer a more hands-on approach, you can track the performance of your cryptocurrency portfolio manually. Start by creating a spreadsheet and listing all the cryptocurrencies you own, along with the quantity and purchase price. Then, regularly update the prices of these cryptocurrencies using a reliable price tracking website or API. Calculate the current value of each cryptocurrency and your overall portfolio value. This method requires more effort, but it allows for more customization and control over your tracking process.
- Dec 20, 2021 · 3 years agoAnother option is to use a third-party platform like BYDFi. BYDFi offers a comprehensive portfolio tracking feature that allows you to monitor the performance of your cryptocurrency investments. With BYDFi, you can easily import your transactions from different exchanges, view your portfolio's value in real-time, and analyze your performance with advanced charts and metrics. It's a convenient and efficient way to keep track of your cryptocurrency portfolio without the need for manual data entry. Give it a try and see how it can simplify your tracking process!
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