How can I track my cryptocurrency investments using a reliable and user-friendly platform?
Sykes DohnDec 16, 2021 · 3 years ago3 answers
I'm looking for a platform that can help me keep track of my cryptocurrency investments in a reliable and user-friendly way. What are some options available to me?
3 answers
- Dec 16, 2021 · 3 years agoOne option you can consider is using a cryptocurrency portfolio tracker. These platforms allow you to connect your exchange accounts and wallets, and they provide you with a comprehensive overview of your investments. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. These platforms offer features like real-time price tracking, portfolio performance analysis, and even alerts for price changes. They are designed to be user-friendly and provide you with all the necessary information to manage your investments effectively.
- Dec 16, 2021 · 3 years agoIf you prefer a more hands-on approach, you can use a spreadsheet or a custom-built tracking tool. This option requires more manual work, as you will need to enter your transactions and update the prices manually. However, it gives you full control over your data and allows for more customization. You can create your own formulas and charts to analyze your investments. Tools like Google Sheets or Microsoft Excel can be useful for this purpose. Just make sure to keep your spreadsheet secure and regularly back it up to avoid any data loss.
- Dec 16, 2021 · 3 years agoAnother reliable and user-friendly platform for tracking your cryptocurrency investments is BYDFi. With BYDFi, you can easily connect your exchange accounts and wallets to get a complete overview of your portfolio. The platform offers real-time price tracking, portfolio performance analysis, and customizable alerts. It also provides advanced features like tax reporting and automated trading strategies. BYDFi is designed to be user-friendly, making it easy for both beginners and experienced traders to track their investments effectively.
Related Tags
Hot Questions
- 99
What are the best practices for reporting cryptocurrency on my taxes?
- 97
Are there any special tax rules for crypto investors?
- 72
What is the future of blockchain technology?
- 62
What are the tax implications of using cryptocurrency?
- 58
What are the best digital currencies to invest in right now?
- 58
What are the advantages of using cryptocurrency for online transactions?
- 54
How can I protect my digital assets from hackers?
- 50
How can I buy Bitcoin with a credit card?