And now, about 50 million Americans own at least one share of another ( digital ) “ cherished metallic element ” — the cryptocurrency Bitcoin.
A newfangled rush to riches is upon us. But unlike the original Gold Rush, this one may actually be sustainable.
But that ’ s entirely if it meets one identical significant condition.
It has to be easy for individual investors and fiscal professionals to participate in the crypto market.
And this is what makes crypto asset management tools absolutely key in nowadays ’ s fiscal space.
Keep read to learn why and how you should get in on crypto asset management today.
Contents
- 1 What Does Crypto Asset Management Mean?
- 2 Exploring Cryptocurrency Asset Management Tools
- 3 Why Is Crypto Asset Management All the Rage Right Now?
- 4 Why Should Retail Investors Use Crypto Asset Management Tools?
- 5 Why Do Financial Professionals Need Crypto Asset Management Software?
- 6 Take a Peek Inside Kubera: Today’s Most Complete Crypto Asset Management Software for Investors and Advisors
What Does Crypto Asset Management Mean?
Asset management is a commit equally honest-to-god as investing. Asset management is all about monitoring, bribe, and selling investments in order to optimize portfolio diversification, balance out risk, and/or increase the hark back a portfolio is generating.
Crypto asset management is merely the process of applying this lapp exercise to digital assets that live on blockchain engineering — think digital currency like Bitcoin and Ethereum, DeFi coins, NFTs, and so on.
Using asset management tools that are capable of handling a diverseness of digital assets has become a necessity for modern investors, vitamin a well as the fiscal pro that help them.
Exploring Cryptocurrency Asset Management Tools
A crypto asset management cock is precisely what it sounds like — a software platform that helps crypto investors and/or fiscal professionals manage assorted crypto assets.
typically, these kinds of tools enable users to tie in multiple crypto accounts and wallets sol that they can well keep an eye on all of their cryptocurrency holdings using a individual splashboard. In accession, many besides have charts and analytic features that give users insights into the performance of their investments, helping them make inform decisions.
Crypto trackers and fully-featured wealth trackers with crypto asset management capabilities give everyone from first-timers to wide diversify investors the aid they need to dive right into crypto, helping sustain the overall health and growth of the crypto market. It ’ s a perfect embodiment of the give voice “ A rising tide lifts all boats. ”
Why Is Crypto Asset Management All the Rage Right Now?
Simply put, crypto asset management is blowing up because crypto is.
From power station brands investing in crypto to major fiscal institutions getting on board, crypto is going mainstream.
Learning the intricacies of cryptocurrency and figuring out the procedure of investing can take a lot of oeuvre for new investors. Add to that the struggle of checking multiple crypto commute accounts and wallets every day and it ’ randomness enough to cause anyone with more than a few crypto assets to stall out on their investing goals.
Crypto asset management is rising in popularity and importance because it turns what can be an overwhelm endeavor into an accomplishable mission that helps investors meet their truthful potential.
Why Should Retail Investors Use Crypto Asset Management Tools?
There are ten thousand reasons every day investors with more than a handful of crypto assets should besides invest in crypto asset management tools.
Maximize the Value of Your Crypto Investments
If you ’ re one of those people to whom “ out of sight, out of mind ” applies, then adopting a crypto asset management solution should be high on your disturbance list.
With a clear view of all your crypto assets laid out in front of you, it ’ randomness easier to understand where your investments stand and what changes you can make to optimize them and move them toward your goals.
Make and Monitor Progress Toward Your Goals
Speaking of moving toward goals — the keystone word there is “ moving. ”
Simply having crypto investments isn ’ metric ton equally crucial as actively working with them to make sure they ’ re travel, aka growing, in the right guidance.
A crypto asset management tool that shows you how your portfolio is shifting over time can give you valuable data about which assets to hold and which to trade out to make surely you ’ ra progressing on your fiscal objectives.
Ensure High-Quality Diversification
Portfolio diversification is a golden principle in the investing universe, specially when dabbling in high-volatility assets like cryptocurrency. however, it ’ s all besides easy to shy away from varied, ongoing diversification efforts when you feel wholly overwhelmed by all the things going on with your portfolio.
again, the penetration that a crypto asset management platform provides is pivotal. With a clear overview of the different types of coins you ’ rhenium hold, you ’ ll be able to make wise and divers investing decisions that counterweight and protect your wealth in a meaningful way.
Better Understand the Health of Your Wealth
Tracking net worth can help you understand the overall health of your wealth. And since it requires you to understand how the measure of everything you owe compares to the rate of everything you own, it gets harder to calculate as your portfolio becomes larger and more divers. A crypto asset management joyride that tracks the value of your crypto is substantive to getting a clear number that you can add to your asset pool when calculating your net worth.
Why Do Financial Professionals Need Crypto Asset Management Software?
It ’ randomness pretty easy to see how individual investors can very benefit from finding the right crypto asset management tools. But what about the fund managers, the CPAs, and the rest of the huge variety of fiscal advisors who serve these types of investors ? here ’ s why it ’ s fair as significant for fiscal pros to get on the crypto asset management prepare.
Chances Are Your Clients Are Already Interested in Crypto
The truth is, your fiscal deliberation clients are probably already into crypto.
In fact, a surveil by Bitwise and ETF Trends found that the majority of advisors have fielded client questions about crypto. And it besides uncovered an even juicier fact — over 70 % of advisors said they suspect their clients are already dabbling in crypto without them !
If you want to outpace your competitors, right nowadays is the time to invest in a crypto asset management platform that you can offer to clients to help them achieve success in the crypto space .
Traditional Financial Management Tools Weren’t Built for Today’s User Expectations
The field of investing has evolved, so shouldn ’ t the experience you provide for your clients ?
traditional portfolio coach software, for the most separate, is a piece excessively underpowered and decelerate to handle the diverse investments and speed that modern investors want to work with.
But with a mod crypto asset management platform — specially one that besides helps you manage other types of assets ( more on that in the following section ! ) — you can provide the debauched, accurate, and modern experience that today ’ sulfur clients crave.
Better Protect the Security of Your Clients’ Crypto Assets
As a by and large unregulated, highly decentralized, and amply digital asset class — cryptocurrency requires a bite more thinking when it comes to keeping customer assets secure.
Using an asset management software that ’ randomness built specifically for managing crypto is a great target to start when it comes to protecting node investments from outdoor threats.
And in accession to adopting the right software, we besides powerfully recommend you take far base hit steps like securing your workplace internet association, using a firewall, implementing multi-factor authentication wherever possible, and consulting with a cybersecurity professional.
Take a Peek Inside Kubera: Today’s Most Complete Crypto Asset Management Software for Investors and Advisors
Remember how we promised we ’ five hundred introduce you to a crypto asset management platform that actually goes beyond equitable crypto to help investors and advisors manage a overplus of early assets ?
Welcome to Kubera. Kubera is a true all-in-one wealth tracker for monitor and managing about any asset you can imagine, from cash to collectibles, real estate of the realm, stocks, crypto coins, and even DeFi assets.
How do we do it ? Kubera ’ s web app operates on a sophisticate, custom computer architecture that we built to enable the Kubera dashboard to connect to crypto exchanges a well as brokerages, banks, and other institutions all over the ball ( see some of the organizations we work with hera ).
Kubera supports many popular exchanges and wallets, such as Coinbase, Binance, and Kraken. With Kubera, investors can besides monitor digital wallets for Bitcoin, Ethereum, and more. Hardware wallet users can connect wallets like Trezor and Ledger. In addition to our automatize connectivity with all kinds of accounts, we besides integrate with some of the peak asset experts like EstiBot and Zillow. All you have to do is add your veridical estate, vehicle, and domain investments to your Kubera dashboard to get a real-time valuation of your investments.
And if you have any brokerage house or crypto accounts that didn ’ thyroxine mechanically connect with your Kubera account for any rationality, our special watch feature is here to save the sidereal day ! fair look up the ticker for your stocks and/or crypto coins and add those to your Kubera dashboard to see those assets right alongside the rest of your portfolio. Of course, no crypto asset management platform would be complete without charts that help investors and advisors visualize holdings.
That ’ sulfur why Kubera includes beautiful charts and analytics features that help users get an overview of their asset allotment and net worth so they can make chic decisions when it comes to diversifying, investing, and even divesting. Kubera is crypto asset management ( and beyond ! ) build up for the twenty-first century.
See it for yourself today.
Investors can subscribe to Kubera ’ s low-cost design to finally get a clear photograph of your finances.
And fiscal advisors, wealth managers, and other fiscal pros can sign up for Kubera ’ s white-label option to ultimately start providing the modern fiscal management experience your clients will love.