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What are the best ways to monitor the value of my digital assets without selling them?

avatarHivoDec 18, 2021 · 3 years ago6 answers

I have invested in various digital assets and want to keep track of their value without selling them. What are the best methods or tools I can use to monitor the value of my digital assets? I want to stay updated on the market trends and price fluctuations without having to liquidate my investments. Any suggestions?

What are the best ways to monitor the value of my digital assets without selling them?

6 answers

  • avatarDec 18, 2021 · 3 years ago
    One of the best ways to monitor the value of your digital assets without selling them is by using cryptocurrency portfolio trackers. These tools allow you to add your assets and track their value in real-time. Some popular portfolio trackers include Blockfolio, Delta, and CoinStats. You can set up price alerts and receive notifications when the value of your assets reaches a certain threshold. This way, you can stay informed about the market trends and make informed decisions without having to sell your assets.
  • avatarDec 18, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can use cryptocurrency exchange platforms that offer price charts and market data. Platforms like Binance, Coinbase, and Kraken provide detailed charts and indicators that can help you monitor the value of your assets. You can set up price alerts on these platforms as well, so you'll be notified when the price of your assets changes significantly. Just make sure to keep your assets secure and use reputable exchanges.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a great platform for monitoring the value of your digital assets without selling them. It offers a user-friendly interface and provides real-time market data. You can easily add your assets and track their value over time. BYDFi also offers advanced features like price alerts and customizable dashboards, allowing you to stay updated on the market trends. It's a reliable and convenient tool for monitoring your digital assets.
  • avatarDec 18, 2021 · 3 years ago
    Another option to monitor the value of your digital assets is by using cryptocurrency news websites and forums. Websites like CoinDesk, CoinMarketCap, and CryptoSlate provide up-to-date news, market analysis, and price charts. You can also participate in cryptocurrency communities on platforms like Reddit and Stack Overflow to discuss market trends and get insights from other investors. These platforms can be a valuable source of information to monitor the value of your assets.
  • avatarDec 18, 2021 · 3 years ago
    Don't forget about social media! Following influential cryptocurrency experts and analysts on platforms like Twitter and LinkedIn can provide you with valuable insights and updates on the market. Many experts share their thoughts on price movements and market trends, which can help you stay informed about the value of your digital assets. Just be cautious and do your own research before making any investment decisions based on social media recommendations.
  • avatarDec 18, 2021 · 3 years ago
    In addition to the above methods, you can also consider using cryptocurrency price tracking apps for your mobile devices. Apps like CoinMarketCap, Crypto.com, and Crypto Tracker allow you to monitor the value of your assets on the go. You can set up price alerts, view historical price data, and track the performance of your portfolio. These apps provide a convenient way to stay updated on the value of your digital assets without selling them.