What are the best ways to download and track returns for cryptocurrency investments?
Stewart SkovbjergDec 17, 2021 · 3 years ago3 answers
Can you provide some effective methods to download and track returns for cryptocurrency investments? I want to find the best ways to keep track of my investments and analyze their performance.
3 answers
- Dec 17, 2021 · 3 years agoOne of the best ways to download and track returns for cryptocurrency investments is to use a portfolio tracking app or website. These platforms allow you to connect your exchange accounts and automatically import your transaction history. They provide real-time updates on your portfolio value and performance, as well as detailed reports and analysis. Some popular portfolio tracking tools include CoinStats, Blockfolio, and Delta. They offer features like price alerts, news updates, and portfolio sharing options. With these tools, you can easily monitor your investments and make informed decisions based on the latest market data.
- Dec 17, 2021 · 3 years agoIf you prefer a more hands-on approach, you can manually download your transaction history from your cryptocurrency exchange and use a spreadsheet or financial software to track your returns. Most exchanges provide an option to export your transaction history in CSV or Excel format. You can then import this data into a spreadsheet or financial software like Microsoft Excel or Google Sheets. By organizing your transactions and calculating your returns manually, you have more control over the process and can customize your analysis. However, this method requires more time and effort compared to using a portfolio tracking app.
- Dec 17, 2021 · 3 years agoAnother option is to use BYDFi, a popular cryptocurrency exchange that offers advanced tracking and reporting features. BYDFi allows you to download detailed transaction reports and track your returns in real-time. It provides comprehensive analytics tools to help you analyze your portfolio performance and make data-driven investment decisions. With BYDFi, you can easily download your transaction history, track your returns, and gain valuable insights into your cryptocurrency investments.
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