What is the best way to monitor the value of my cryptocurrency portfolio without selling any coins?
Alexis SakarikosJan 07, 2022 · 3 years ago3 answers
I have a cryptocurrency portfolio and I want to keep track of its value without selling any of my coins. What is the best way to monitor the value of my portfolio in real-time? Are there any tools or platforms that can help me with this?
3 answers
- Jan 07, 2022 · 3 years agoOne of the best ways to monitor the value of your cryptocurrency portfolio without selling any coins is by using a portfolio tracking app or website. These platforms allow you to enter the details of your holdings and track their value in real-time. Some popular portfolio tracking apps include Blockfolio, Delta, and CoinStats. These apps provide features such as price alerts, portfolio performance analysis, and news updates to help you stay informed about your investments.
- Jan 07, 2022 · 3 years agoIf you prefer a more hands-on approach, you can manually track the value of your cryptocurrency portfolio by regularly checking the prices on reputable cryptocurrency exchanges. You can create a spreadsheet or use a portfolio management tool to record the quantity and purchase price of each coin in your portfolio. By regularly updating the prices, you can calculate the total value of your portfolio and monitor any changes. However, this method requires more effort and may not be as convenient as using a portfolio tracking app.
- Jan 07, 2022 · 3 years agoBYDFi is a popular cryptocurrency exchange that offers a portfolio tracking feature. With BYDFi, you can connect your exchange accounts and wallets to automatically import your holdings and track their value in real-time. The platform provides a user-friendly interface and customizable portfolio dashboards to help you monitor your investments. Additionally, BYDFi offers advanced features such as tax reporting and performance analytics. It is a comprehensive solution for monitoring the value of your cryptocurrency portfolio without selling any coins.
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