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How can I track the account value of my cryptocurrency portfolio?

avatarFrick AlviDec 27, 2021 · 3 years ago3 answers

I have invested in multiple cryptocurrencies and I want to keep track of the total value of my portfolio. How can I accurately track the account value of my cryptocurrency portfolio?

How can I track the account value of my cryptocurrency portfolio?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One way to track the account value of your cryptocurrency portfolio is by using a portfolio tracker. There are several online platforms and mobile apps available that allow you to input the details of your holdings and track the current value of your portfolio in real-time. These trackers often provide charts and graphs to visualize the performance of your investments. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. By regularly updating your portfolio on these platforms, you can easily monitor the value of your cryptocurrency investments.
  • avatarDec 27, 2021 · 3 years ago
    If you prefer a more manual approach, you can track the account value of your cryptocurrency portfolio by regularly checking the prices of the cryptocurrencies you hold. You can use cryptocurrency exchange websites or financial news platforms that provide real-time price data. Simply multiply the quantity of each cryptocurrency you own by its current price and sum up the values to get the total account value of your portfolio. Keep in mind that the prices of cryptocurrencies can be volatile, so it's important to stay updated with the latest market information.
  • avatarDec 27, 2021 · 3 years ago
    Another option to track the account value of your cryptocurrency portfolio is by using a third-party service like BYDFi. BYDFi offers a comprehensive portfolio tracking feature that allows you to connect your exchange accounts and automatically sync your holdings. It provides real-time updates on the value of your portfolio, as well as detailed analytics and performance metrics. With BYDFi, you can easily track the account value of your cryptocurrency portfolio and make informed investment decisions.