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How can I track the performance of BTC over a 1-year hodl period?

avatarIstieaque Chowdhury PretulDec 26, 2021 · 3 years ago3 answers

I'm interested in tracking the performance of Bitcoin (BTC) over a 1-year hodl period. What are some reliable methods or tools I can use to monitor its performance and evaluate my investment?

How can I track the performance of BTC over a 1-year hodl period?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One reliable method to track the performance of BTC over a 1-year hodl period is by using cryptocurrency portfolio tracking apps or websites. These platforms allow you to input your BTC holdings and monitor their value over time. Some popular options include CoinMarketCap, CoinGecko, and Blockfolio. These platforms provide real-time price data, historical charts, and portfolio management tools to help you evaluate your investment. Additionally, you can set up price alerts to stay informed about significant price movements. By regularly checking these platforms, you can track the performance of BTC and make informed decisions about your investment strategy.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can track the performance of BTC by manually recording its price at regular intervals. You can use reputable cryptocurrency exchanges like Binance or Coinbase to check the current BTC price and record it in a spreadsheet or a dedicated investment tracking tool. By comparing the price at different time points, you can calculate the percentage change in BTC's value over the 1-year hodl period. This method requires more effort and time commitment, but it allows for a more detailed analysis of BTC's performance.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi offers a comprehensive suite of tools for tracking the performance of BTC over a 1-year hodl period. Their platform provides real-time price data, historical charts, and customizable portfolio tracking features. You can easily monitor the value of your BTC holdings and evaluate your investment strategy. Additionally, BYDFi offers advanced analytics and market insights to help you make informed decisions. With BYDFi, tracking the performance of BTC becomes effortless and efficient.