- Do you invest te Bitcoins?
- Do you hold other crypto coins exclusief from Bitcoin?
- Do you invest te Altcoins?
- Do you find those not so popular coins and invest ter them?
If the response to any of the questions above is a resounding yes, you voorwaarde have faced the kwestie of keeping track of the comeback from each coin or your existing portfolio valuation. If you are becoming a professional cryptocurrency trader, you also need something better than excel sheets to quickly analyze your cryptocurrency portfolio and take a call on buying/selling.
Spil far spil I’m worried, I embarked my journey by using Excel sheets. It wasgoed one hell of a task and sometimes fairly tiresome, considering the number of entries that would go te. Moreover, since most of the task wasgoed manual, I often missed out on good buy/sell time. After few months of frustration, I began looking for a solution and that’s when I found about cryptocurrency portfolio management apps. Thesis apps are developed to help seasonal or full-time cryptocurrency investor and traders for effectively monitoring and managing their portfolios.
Here, I’m sharing some of the best portfolio management apps for cryptocurrency users. You can pick and choose depending on your requirement. However, some of the screenplays to consider:
- Someone who has just invested te Bitcoin and needs to see the latest price along with their holding, they can work with any basic app.
- Someone who has also invested te other cryptocurrencies like Dash, ETH, Stratis, Zcash, and others.
- Someone who has invested and is also actively buying/selling to take out the profit. They are not necessarily day traders but they are actively trading and booking profit instead of long-term holding like many others.
- Someone who is day trading and needs an extensive chart and signals to make a better decision about when to sell and when to buy.
There are many other screenplays but thesis are the four major screenplays at large. No matter which one applies to you, thesis portfolio management apps will help you level up your spel and take your cryptocurrency investment to the next level.
So without further delay, let’s go ahead and take a look at some of the best apps that will help you keep a track of your cryptocurrencies portfolio and also the profit and loss from them.
Best Ways to manage and track your Cryptocurrency portfolio:
Cryptocompare is a popular community for cryptocurrency enthusiasts and they opoffering a portfolio management app spil well. The app is available on web, mobile and they have also integrated it into their mobile app. However, their web interface is pretty solid.
Some of the highlights of the CryptoCompare portfolio app are:
- Create numerous portfolios (eg: wish villa or car)
- Supports all cryptocurrencies
- Beautiful charts and graphs
- Option to add notes
- When adding cryptocurrencies, you can specify where it is stored
- Free to use (it is ter beta stage, so expect a few bugs)
- Risk analysis (I love this feature)
- Advanced chart
This app undoubtedly needs a dedicated postbode to help you understand how it works. However, on this list, this is the best crypto asset management app. You can also see the allocation percentage for each coin.
Another thing is since everything is ter the cloud and under your registered account, you don’t have to worry about losing track of your portfolio. You can access your portfolio anytime from the desktop, mobile browser and they do have a mobile app spil well. However, the mobile app is not spil sturdy spil their web interface. You also have an option to make your portfolio public or private and share it with others.
If you have never used a cryptocurrency portfolio app, begin with this.
I wish I knew about CoinTracking earlier spil this is my go-to cryptocurrency portfolio management app thesis days. I use it along with Cryptocompare portfolio app. For those buying cryptocurrencies to hold it for months or years, Cryptocompare does a pretty welgevoeglijk job. On the other palm, if you project to overeenkomst with occasional buying/selling of cryptos (trading), this is the best solution for you.
CoinTracking is available on the web and also offers a mobile app for Android and iOS. CoinTracking is a dedicated webstek where you not only see your current portfolio balance, but also gegevens that helps you make a better decision ter terms of buying/selling your coins at the right time.
Moreover, managing coins on various exchanges could be cumbersome and this app lets you see which coins and how much amount you are holding. Another feature that I truly admire about CoinTracking is the realized and unrealized Build up/Loss feature.
Millenials may not like the interface spil it looks outdated but that’s a tradeoff you need to do regarding functionalities. The best part is, you can connect to all popular exchanges using the API feature and it automatically fetches the fresh trading gegevens. Speciaal from saving time, this ensures you are always aware of the coins you have.
- Invoer gegevens from existing exchanges such spil Binance, Bittrex, Bitfinex and many more
- Auto-deduct balance when making a trade
- Add Cryptocurrency spil free/gifted
- Android and iOS app available spil well
- Free and paid project
- Tax calculations
The free project let you manage up to 200 trades, and you can upgrade to an unlimited project by paying a nominal toverfee ter any cryptocurrency of your choice. After attempting the free project for a duo of days, I ended up upgrading to voor project and it turned out to be a fine decision.
CoinTracking is online since 2013 and the team keep adding fresh features spil cryptocurrency industry is going. If you need to pick just one app from this list, look no further than CoinTracking.
Delta is a popular alternative to Blockfolio app simply because they are better te many ways than Blockfolio.
However, this doesn’t make Blockfolio futile but yeah of course it does makes it less attractive for fresh users.
Delta has mobile apps for both Android and iOS versions with more than 2000 coins waiting to be added to your portfolio.
Also, you add BTC, ETH or fiat currencies spil your reserve currencies and deduct you period purchase from thesis reserves to get an overall picture of your portfolio.
Some other cool features of Delta app are:
- Separate portfolio and watchlist walls.
- Price act bedachtzaam system for each exchange &, all available trading pairs
- Coin analysis chart, volume, market cap etc.
- Manage up to Ten different portfolios ter the Professional Delta version of the app.
- Sync gegevens with up to Five different devices.
- Totally mobile-based app
Chic from all this their community and development team is very active te developing Delta app. Te 2018 you can expect features like API sync, advanced alerts, order books etc.
Note: I am using this app’s Voor version from last Five days and believe mij the UI is the best you can get anywhere. Also, the diversity of coins and fiat currencies that they support is simply commendable plus they are under continuous development &, improvement.
Blockfolio is a ge substitute for the above one spil it tackles one major problem of deducting the balance from the coins when you sold it. Another cool feature here is, when you buy a fresh coin (and add it to the portfolio), you will be able to deduct the BTC/ETH or any other parent currency that you used to buy the fresh coin.
Some cool features of BlockFolio:
- Downright mobile-based app
- Help you to see final coin value
- You can see coin charts (this is one super cool feature)
- You can set alerts for price increase/decrease of any coin
- Shows book of your selected exchange
- Available for iOS and Android
Account feature is not enabled yet which is one big limitation of Blockfolio. However, you can save your BlockFolio token ID by going to the settings pagina of the app.
Overall BlockFolio is a growing app and if you want something mobile-centric, this app is exactly for you.
Which is the best Cryptocurrency Portfolio app for you?
All the solutions I have listed above have their pros and cons. What will work for you is totally dependent on your style of investing and trading. If you are someone who has bot holding long-term coins and has embarked trading once te a while on Binance, Bittrex, Cryptopia, Gate.io, Bitfinex, Bittrex, KuCoin, Coss.io or any other webpagina, you can’t rely on a ordinary app. For you the best app is CoinTracking.
For someone who wants to buy a duo of long-term cryptocurrencies and plans to hold it for months or years to come, you are better off with the Cryptocompare portfolio app.
If I have to pick one for someone who is commencing out with an intention of getting serious te crypto investment and trading, I would recommend CoinTracking. It solves the major headache of taxation and even if you are dealing with 100+ cryptos, it magically shows you your profit and loss. Moreover, the zuigeling of gegevens it provides, you can lightly do day trading and make a loterijlot of money just by buying/selling when a coin value has grown or decreased. I will talk more about this ter a dedicated postbode ter the coming days.
For now, it’s your turn to share which Crypto portfolio and tracking app you use to manage your cryptocurrencies. If you know of something that is working good for you, do let mij know the name and features that you like most about the app you are using.
Looking forward to hearing from you. If you know of others who are investing te cryptocurrencies, do share this postbode with them. Actively monitoring their portfolio will help them to make better decisions te the future and make more money.