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What are the best ways to track cryptocurrency investments?

avatarSamira BaroutiDec 26, 2021 · 3 years ago3 answers

What are some effective methods or tools to keep track of investments in cryptocurrencies?

What are the best ways to track cryptocurrency investments?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best ways to track your cryptocurrency investments is by using a portfolio tracker. These tools allow you to easily monitor the performance of your investments, track the value of your portfolio, and even set alerts for price changes. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. These platforms provide real-time data and can sync with your exchange accounts to automatically update your portfolio. Additionally, they often offer features like news updates and price analysis to help you make informed investment decisions.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can manually track your cryptocurrency investments using a spreadsheet. This allows you to have complete control over your data and customize it to your specific needs. You can create columns for the coin name, purchase price, quantity, and current value. By regularly updating this spreadsheet with the latest prices, you can calculate your portfolio's performance and track your investments over time. While this method requires more effort, it can be a good option for those who want to have a detailed overview of their investments.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that the best way to track cryptocurrency investments is by using our all-in-one trading platform. With BYDFi, you can not only track the performance of your investments but also execute trades, analyze market trends, and access a wide range of trading tools. Our platform offers real-time data, advanced charting features, and customizable dashboards to help you stay on top of your investments. Whether you're a beginner or an experienced trader, BYDFi provides the tools and resources you need to succeed in the cryptocurrency market.