How can I track the performance of my short-term cryptocurrency investments?

3 answers

• Dec 16, 2021 · 3 years ago
  One effective way to track the performance of your short-term cryptocurrency investments is to use a portfolio tracker. There are various portfolio tracking tools available online that allow you to input your investment details and track the value of your holdings in real-time. These tools often provide charts and graphs to visualize your portfolio's performance over time. Some popular portfolio trackers include CoinTracking, Blockfolio, and Delta. By regularly monitoring your portfolio using these tools, you can make informed decisions about your investments and adjust your strategy accordingly.
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• Dec 16, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can manually track the performance of your short-term cryptocurrency investments by keeping a spreadsheet or using a financial management software. Create a spreadsheet with columns for the date of purchase, the amount invested, the cryptocurrency purchased, and the current value. Update the current value regularly and calculate the percentage gain or loss for each investment. This method allows you to have complete control over your tracking process and customize it to your specific needs. However, it requires more time and effort compared to using portfolio tracking tools.
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• Dec 16, 2021 · 3 years ago
  Another option is to use the services of a professional cryptocurrency investment advisor. These advisors have expertise in analyzing the market and can provide you with insights and recommendations on your short-term investments. They can help you track the performance of your investments and suggest adjustments to optimize your returns. However, keep in mind that their services may come with a fee, and it's important to choose a reputable advisor with a proven track record.
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