How can I keep track of my cryptocurrency investments and transactions effectively?

3 answers

• Dec 28, 2021 · 3 years ago
  One effective way to keep track of your cryptocurrency investments and transactions is by using a portfolio tracker. There are many portfolio tracking apps and websites available that allow you to input your transactions and holdings, and they will automatically calculate your gains and losses. Some popular options include CoinTracking, Blockfolio, and Delta. These tools also provide charts and graphs to help you visualize your portfolio performance. Additionally, you can set up alerts to notify you of significant price changes or when your portfolio reaches certain milestones. Overall, using a portfolio tracker can help you stay organized and make informed decisions about your cryptocurrency investments.
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• Dec 28, 2021 · 3 years ago
  If you prefer a more manual approach, you can create a spreadsheet to track your cryptocurrency investments and transactions. This allows you to customize the layout and calculations according to your needs. You can include columns for the date, type of transaction (buy/sell), cryptocurrency name, quantity, purchase price, and current value. By regularly updating this spreadsheet with your transactions and current prices, you can easily calculate your gains and losses. However, this method requires more effort and may not provide real-time data like portfolio tracking apps do.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we offer a comprehensive platform for tracking your cryptocurrency investments and transactions. Our platform allows you to connect your exchange accounts and wallets, and it will automatically import your transactions and calculate your portfolio performance. You can view detailed reports, track your gains and losses, and even generate tax reports. Our platform also provides real-time market data and price alerts. With BYDFi, you can effectively manage and monitor your cryptocurrency investments in one place.
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