How can I track the performance of my crypto assets?
Daren SelzerDec 15, 2021 · 3 years ago3 answers
I recently started investing in cryptocurrencies and I want to keep track of how my investments are performing. How can I effectively monitor the performance of my crypto assets?
3 answers
- Dec 15, 2021 · 3 years agoOne way to track the performance of your crypto assets is by using a portfolio tracker. There are several online platforms and mobile apps available that allow you to input your holdings and track their value in real-time. These trackers often provide charts and graphs to visualize your portfolio's performance over time. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. By regularly checking your portfolio on these platforms, you can stay informed about the value of your crypto assets and make informed investment decisions.
- Dec 15, 2021 · 3 years agoAnother option to track the performance of your crypto assets is by using the exchange where you hold your assets. Most cryptocurrency exchanges provide a dashboard or a section where you can view the value of your holdings, as well as the performance of individual coins or tokens. This can be a convenient option if you primarily use one exchange for your trading activities. However, keep in mind that the performance data provided by exchanges may not always be as comprehensive as dedicated portfolio trackers.
- Dec 15, 2021 · 3 years agoAt BYDFi, we offer a comprehensive performance tracking feature that allows you to monitor the performance of your crypto assets in real-time. Our platform provides detailed charts, graphs, and historical data to help you analyze the performance of your investments. You can also set up price alerts and receive notifications when certain price thresholds are reached. With BYDFi, you can easily keep track of your crypto assets and make informed decisions based on their performance.
Related Tags
Hot Questions
- 98
Are there any special tax rules for crypto investors?
- 69
What is the future of blockchain technology?
- 68
How can I buy Bitcoin with a credit card?
- 57
What are the advantages of using cryptocurrency for online transactions?
- 57
How can I protect my digital assets from hackers?
- 56
How does cryptocurrency affect my tax return?
- 55
What are the tax implications of using cryptocurrency?
- 45
What are the best digital currencies to invest in right now?