What is the best method to keep track of my digital asset wallet balance?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the best methods to keep track of your digital asset wallet balance is by using a portfolio tracker. These tools allow you to connect your wallet addresses and automatically fetch the balances of your assets. They provide a comprehensive overview of your portfolio, including the current value, percentage allocation, and historical performance. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. These tools often have mobile apps, making it convenient to monitor your portfolio on the go. Additionally, they offer features like price alerts and news updates to help you stay informed about the market.
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• Dec 17, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can manually track your wallet balance using a spreadsheet. Create a spreadsheet with columns for each asset, and regularly update the balances based on your wallet addresses. This method requires more effort and attention to detail, but it allows for customization and control over the tracking process. You can also add additional columns to track other metrics like average cost and profit/loss. However, keep in mind that manual tracking may be prone to human error and may not provide real-time data like portfolio trackers.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we offer a built-in wallet balance tracking feature that allows you to monitor your digital asset wallet balance directly on our platform. Simply connect your wallet address and our system will fetch the balance for you. You can view your balance in real-time and track the performance of your assets. This eliminates the need for external portfolio trackers or manual tracking. Our platform also provides advanced analytics and insights to help you make informed investment decisions. Sign up for an account on BYDFi to take advantage of this feature and enhance your digital asset management experience.
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