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What are some strategies to track profits on Coinbase?

avatarPatDec 27, 2021 · 3 years ago3 answers

Can you provide some effective strategies for tracking profits on Coinbase? I want to make sure I have a clear understanding of how to monitor my profits on this platform.

What are some strategies to track profits on Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One strategy to track profits on Coinbase is to regularly review your transaction history and calculate your gains and losses. You can export your transaction history from Coinbase and use a spreadsheet or accounting software to calculate your profits. This will give you a clear picture of how your investments are performing on the platform.
  • avatarDec 27, 2021 · 3 years ago
    Another strategy is to use third-party portfolio tracking tools that integrate with Coinbase. These tools can automatically import your transaction data and provide you with detailed reports on your profits. Some popular portfolio tracking tools for Coinbase include CoinTracker, Delta, and Blockfolio.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a great platform for tracking profits on Coinbase. With BYDFi, you can easily connect your Coinbase account and track your profits in real-time. The platform provides detailed analytics and insights to help you make informed investment decisions. Additionally, BYDFi offers advanced features such as tax reporting and portfolio rebalancing.