What is the best way to monitor the balance of my cryptocurrency investments?

3 answers

• Dec 15, 2021 · 3 years ago
  One of the best ways to monitor the balance of your cryptocurrency investments is by using a portfolio tracking app or website. These platforms allow you to connect your exchange accounts and wallets, and they automatically fetch the balances and calculate the total value of your investments. Some popular portfolio tracking apps include Blockfolio, Delta, and CoinStats. These apps provide real-time updates and also offer features like price alerts and portfolio performance analysis. With a portfolio tracking app, you can easily keep track of your cryptocurrency balances and make informed investment decisions.
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• Dec 15, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can manually track the balance of your cryptocurrency investments using a spreadsheet. Create a spreadsheet with columns for each cryptocurrency you own and update the balances regularly. You can fetch the current prices from a reliable cryptocurrency data provider like CoinMarketCap or CoinGecko. By manually tracking your balances, you have full control over the process and can customize the spreadsheet to fit your specific needs. However, this method requires more effort and may not provide real-time updates like portfolio tracking apps.
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• Dec 15, 2021 · 3 years ago
  BYDFi is a great platform that can help you monitor the balance of your cryptocurrency investments. It offers a user-friendly interface and allows you to connect your exchange accounts and wallets. BYDFi automatically fetches the balances and provides real-time updates on the value of your investments. You can also set up price alerts to stay informed about any significant changes. Additionally, BYDFi offers advanced portfolio analytics and performance tracking features. With BYDFi, you can easily monitor your cryptocurrency balances and optimize your investment strategy.
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