Cryptocurrencies are more popular today than they were a few years ago, and their popularity continues to grow as various industries recognize their benefits. As a cryptocurrency trader or investor, tracking your cryptocurrency portfolio is essential to its growth and success.
The best way to track your cryptocurrency portfolio is to use a cryptocurrency price tracker, and there are many options to choose from, including CoinTracker, Crypto App, CoinGecko, Altrady, Coinigy, CointStats, Delta, and CoinMarketCap.
What is a cryptocurrency price tracker?
A coin price tracker or portfolio tracker is a website or application that allows users to track cryptocurrency price changes.
Most trackers allow users to compare current and previous prices of currencies, as well as price movements between different currencies. Some trackers also provide users with market insights and investment tips.
Connecting the tracker to a cryptocurrency wallet allows users to manage their assets. Some of them may be connected to cryptocurrency exchange platforms, allowing users to trade and exchange cryptocurrencies.
Why should I use a cryptocurrency portfolio tracker?
If you’re wondering why you need a crypto portfolio tracker to manage your portfolio, here are a few reasons:
For easy portfolio management
The prices of cryptocurrencies are constantly changing, and you need to track these changes to avoid major losses in the market. As your cryptocurrency portfolio continues to grow and you invest in more currencies, it becomes very difficult to track it.
The best way to effectively track these powerful portfolios is to use tools that automatically record market changes and trends while providing insights tailored to your portfolio.
This is where a cryptocurrency portfolio tracker comes into play. If you want to trade effectively, manage your portfolio, and keep abreast of changing market trends, you should use a cryptocurrency portfolio tracker.
To protect your portfolio from cybercriminals
As the cryptocurrency market continues to grow and more people invest money and time in cryptocurrencies, users’ accounts and portfolios become targets for cybercriminals.
Portfolio Tracker helps users protect their portfolios from these attacks using a two-factor authentication system and password-protected storage for storing keys and APIs.
Choosing a Good Cryptocurrency Portfolio Tracker
Choosing a good cryptocurrency portfolio tracker is just as important as choosing your investments. Some portfolio trackers are effective for specific types of portfolios, while others are effective for different portfolio types.
Choosing the best tracker for your portfolio will help you achieve more effective and best results. Here are some things to look out for in a good cryptocurrency portfolio tracker:
Automatic tracking of cryptocurrency portfolio and portfolio performance
Some cryptocurrency portfolio trackers are not automatic and require users to enter transaction details manually, which can be time-consuming and tiring.
When choosing a cryptocurrency portfolio tracker, make sure it automatically tracks your portfolio by connecting data from your cryptocurrency wallet or exchange. Additionally, make sure the tracker you choose provides feedback on your portfolio performance to see if you are making a profit or a loss.
Track your trading experience.
Another characteristic of a good cryptocurrency portfolio tracker is that it tracks the user’s trading experience. This feature allows users to look back on what they have previously done and see how future investments can be improved. It also helps you avoid repeating previous mistakes.
Can be integrated with cryptocurrency exchange platforms
Cryptocurrency Portfolio Tracker allows you to track your trading history and currency price movements in the cryptocurrency market. An additional benefit is that these changes take effect immediately after they are discovered. This is only possible if the tracker is integrated with the exchange platform.
If you want all your accounts connected in one place and easy to manage, it’s best to choose a tracker that can integrate more than one exchange platform. Also, make sure the tracker you want to use is compatible with your exchange platform.
Provides insights and analytical data
One attribute of a good cryptocurrency portfolio tracker is that it provides analytical data and insights about the cryptocurrency markets. You want to choose a tracker that provides the latest cryptocurrency news in real-time so that you can stay informed of market changes.
There are few cryptocurrency portfolio trackers that provide in-depth information and tips for investing. You may have to pay a small fee to access these features, but it’s worth it because it will help you make better investment choices, increase your profits, and reduce your losses.
high level of security
When choosing a cryptocurrency portfolio tracker, choose one with good security features. You want to make sure your tracker has all the features you need to keep your assets and data safe.
Before choosing a cryptocurrency portfolio tracker, you should look for features such as two-factor authentication and passwords.
How to track your cryptocurrency portfolio? – 7 Best Cryptocurrency Price Trackers
Now that you know the importance of portfolio trackers, let’s take a look at 7 of the best cryptocurrency price trackers you can use to track your cryptocurrency portfolio.
Coin Statistics
CoinStats is one of the best as it provides users with access to multiple cryptocurrency platforms, including Binance, Trust Wallet, Kraken, Bitstamp, and over 500 other platforms.
Coin Statistics It also provides customized data and analytics to help users manage their portfolios. CoinStats also provides heat maps that allow users to distinguish between losing and profitable entries.
CoinStats is also compatible with both mobile devices and desktops. However, although there is a 3-day free trial period, the platform is not free.
because
Kubera gives users a single place to manage all their cryptocurrencies and accounts. With Kubera, users don’t need to add accounts manually. The tracker connects them automatically, making it easy to track portfolio trends and manage your net worth.
Kubera not only manages cryptocurrency accounts, but also manages various types of assets such as websites, cars, stocks, houses, and many other assets. Kubera is also a paid platform that costs $15 per month.
delta
Delta is the perfect portfolio tracker for people who are always on the go. It also has a user-friendly interface that is easy on the eyes and ideal for users with eye defects. Delta is only compatible with mobile devices and is available for both iOS and Android.
Delta Portfolio Tracker has a free mode that allows users to link two exchange accounts, while the paid mode has no restrictions. It also provides users with insights and analysis based on the nature of their portfolio, and the pro version allows users to gain insights into good and bad investments, helping them make better investment choices.
Altradi
Altrady provides users with a platform to trade and manage assets and monitor markets across multiple exchange platforms all in one space. The platform also features two-step authentication and password-protected storage where users can store their APIs.
Altrady allows users to keep track of their investments by taking notes and saving screenshots from previous transactions to avoid previous mistakes. Altrady is a paid platform, but there is a 14-day free trial period.
CoinMarketCap
CoinMarketCap Portfolio Tracker allows you to create and manage one or more cryptocurrency portfolios. It provides users with real-time price data and manages the profits, losses and value of their portfolios.
CoinMarketCap is a free portfolio tracker that allows manual trade entry. However, some premium features are not available on CoinMarketCap.
Coin Tracker
CoinTracker is a portfolio tracker that allows users to track portfolio performance over a specific period of time. Users can also analyze portfolio currencies and compare trends in one currency to another.
It allows users to connect their cryptocurrency wallets and is compatible with multiple wallets including Trezor, Ledger, and over 300 cryptocurrency exchange platforms.
Coin tracking
CoinTracking allows users to track their portfolio and tracks over 10,000 currencies across multiple cryptocurrency exchange platforms. This tracker generates real-time profits and losses for users and helps them track both realized and unrealized profits and losses.
It also provides interactive charts for different coins and transactions and tracks them automatically via API import.
conclusion
The only way to grow your portfolio and make sound investments is to closely monitor transactions, assets, and market trends.
Doing this individually for every currency you invest in can be exhausting, so we recommend a cryptocurrency portfolio or coin price tracker to all cryptocurrency investors.