Overview your crypto portfolio
There are a lot of crypto currencies and a good track of your crypto portofolio is essential for good profits. We will compare HodlStream to other crypto portofolio managers. CoinTracking is a portfolio tracking app that offers a host of features and is aimed at the more serious cryptocurrency investors and full-time traders who want something more than just a spreadsheet displaying their portfolio. The CoinTracking app is available for both Android and iOS, but registration has to be done on their website first. Moreover, all trades have to be entered through their website which, frankly, is a little annoying. The app simply redirects you back to their website when you try to enter any trade through it. It seems like the mobile apps are meant to function more like accessories complementing the web product.
Cryptocompare — which seems to be currently available in website and android form only — positions itself as a professional, and data-focused hub suitable for organisations and individuals alike. There’s no doubt that the interface is very impressive, surfacing a huge amount of data on each asset. With news, articles and forum posts adding to the depth of insight and analysis available, it’s easy to see why many pro-traders rate this as a go-to site. A timeline function shows the key milestones in a token’s evolution and the influence tab provides some insight into sentiment across social-media platforms. With far too many other features to list here, this is one that’s definitely worth checking-out yourself.
Must have : Cryptocurrencies are frustrating expansive. While they create a diverse ecosystem of digital assets, managing them from a single account is difficult. There are dozens of exchanges offering a unique smattering of currencies, requiring investor flexibility to hold and manage accounts on many platforms. To make sure that you are able to keep tabs on all of your crypto finances, you’d want to use a crypto portfolio tracker solution such as Blox.io, which can achieve that high level of clarity by syncing all wallets and exchanges into a single location, providing investors with a full view of their crypto assets. When paired with full transactional control, this significantly simplifies crypto asset management. Extra info at Track your crypto portfolio.
Comparing cryptocurrency markets with traditional investment markets, you will clearly see that the cryptocurrency market is much smaller. This means that relatively small trade volumes can and do have a large impact. Even relatively small event such as a trading site hack in South Korea can affect the whole crypto market in a big way. Social media groups and forums about cryptocurrencies are always abuzz about such events. Crypto traders often base their purchase decisions on social media news and trends. Read “FUD and FOMO Explained” to learn more about this. Cryptocurrency traders need robust apps to serve as portfolio trackers, and start-ups are stepping in to provide them with some. If you are one such startup, I will explain how to build a crypto portfolio tracker app in this article.