What are the recommended tools and resources for tracking and analyzing crypto profits?

7 answers

• Dec 17, 2021 · 3 years ago
  Sure! One popular tool for tracking and analyzing crypto profits is CoinTracking. It allows you to import your trades from various exchanges, automatically calculates your gains and losses, and provides detailed reports and charts. It's a great option for keeping track of your portfolio performance.
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• Dec 17, 2021 · 3 years ago
  If you prefer a more user-friendly interface, you might want to check out Blockfolio. It's a mobile app that allows you to easily track your crypto investments. You can add your transactions manually or connect your exchange accounts to automatically sync your trades. Blockfolio also provides real-time price updates and news, making it a comprehensive tool for staying on top of your investments.
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• Dec 17, 2021 · 3 years ago
  BYDFi is a platform that offers advanced tracking and analysis tools for crypto profits. It provides detailed insights into your trading performance, including profit/loss calculations, portfolio allocation, and historical data. With BYDFi, you can easily track your profits and make data-driven decisions to optimize your trading strategy.
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• Dec 17, 2021 · 3 years ago
  When it comes to resources, CoinMarketCap is a go-to website for tracking cryptocurrency prices, market capitalization, and trading volume. It also provides historical price charts and allows you to compare different cryptocurrencies. CoinGecko is another popular resource that offers similar features, along with additional metrics and market analysis.
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• Dec 17, 2021 · 3 years ago
  For technical analysis, TradingView is a powerful tool that provides advanced charting capabilities and a wide range of technical indicators. You can analyze price patterns, set up alerts, and even share your analysis with the community. It's a valuable resource for traders looking to make informed decisions based on technical analysis.
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• Dec 17, 2021 · 3 years ago
  If you're interested in social sentiment analysis, Santiment is worth checking out. It provides insights into market sentiment by analyzing social media and other data sources. You can track the sentiment of specific cryptocurrencies and use it as a supplementary tool in your decision-making process.
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• Dec 17, 2021 · 3 years ago
  In addition to these tools and resources, it's important to stay updated with the latest news and developments in the crypto space. Following reputable news outlets like CoinDesk, Cointelegraph, and Decrypt can provide valuable insights and help you stay informed about market trends and potential opportunities.
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