What are the best ways to track the P&L of my cryptocurrency investments on Webull?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best ways to track the P&L of your cryptocurrency investments on Webull is by utilizing the portfolio tracking feature offered by the platform. Webull provides a comprehensive portfolio overview that displays the current value of your holdings, as well as the percentage change in value. This allows you to easily monitor the performance of your investments and calculate your P&L. Additionally, Webull offers detailed charts and graphs that can help you analyze the historical performance of your portfolio.
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• Dec 16, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can manually track your P&L by recording the purchase price and quantity of each cryptocurrency you invest in. You can then regularly update the current market price of your holdings and calculate the P&L using a spreadsheet or financial software. While this method requires more effort, it provides a high level of accuracy and customization.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers a seamless integration with Webull that allows you to track the P&L of your cryptocurrency investments directly on the BYDFi platform. This integration provides real-time data synchronization between Webull and BYDFi, ensuring that your portfolio information is always up to date. With BYDFi, you can easily monitor your investments, analyze performance, and calculate your P&L without the need for manual data entry.
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