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What are the most popular portfolio analytics tools used by professional cryptocurrency traders?

avatarMihir Ranjan SahuDec 24, 2021 · 3 years ago3 answers

As a professional cryptocurrency trader, I'm interested in knowing the most popular portfolio analytics tools used by other traders. Can you provide a list of these tools and explain how they can help in analyzing and managing cryptocurrency portfolios?

What are the most popular portfolio analytics tools used by professional cryptocurrency traders?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    One of the most popular portfolio analytics tools used by professional cryptocurrency traders is CoinTracking. CoinTracking allows traders to track and analyze their cryptocurrency portfolios by providing detailed reports on profit and loss, tax calculations, and performance analysis. It supports integration with various cryptocurrency exchanges and wallets, making it easier to import transaction data. With CoinTracking, traders can gain insights into their portfolio's performance, identify trends, and make informed investment decisions.
  • avatarDec 24, 2021 · 3 years ago
    Another widely used portfolio analytics tool among professional cryptocurrency traders is Blockfolio. Blockfolio is a mobile app that allows traders to track their cryptocurrency holdings and monitor market prices in real-time. It provides a user-friendly interface with customizable alerts and portfolio tracking features. Traders can easily add their transactions and holdings to Blockfolio and view their portfolio's performance at a glance. With Blockfolio, traders can stay updated on market movements and make timely investment decisions.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a popular decentralized finance platform, offers portfolio analytics tools for professional cryptocurrency traders. With BYDFi's portfolio analytics, traders can track their cryptocurrency holdings, monitor market trends, and analyze their portfolio's performance. The platform provides comprehensive reports and visualizations, allowing traders to gain insights into their investments. BYDFi's portfolio analytics tools are designed to help traders make data-driven decisions and optimize their cryptocurrency portfolios.