How to Track Your Cryptocurrency Portfolio

It ’ sulfur imperative to keep lead of your net deserving adenine well as your investments and other assets.
After all, what you can track and bill, you can manage — and hopefully manage to grow.
And nowhere else is tracking, measuring, and managing your assets equally important as it is with cryptocurrency — an asset that ’ s particularly fickle.
now that fiscal giants like PayPal are getting into the crypto space, it ’ south more important than ever for investors of all sizes to put tools in locate to help them keep careful track of their crypto operation and growth in the months and years to come.

fortunately, there are batch of cryptocurrency portfolio trackers that can help you do just that. To choose your own solution on your quest to learning how to track your cryptocurrency portfolio, follow along as we dive into the keystone details you need to know, including :

  • What a cryptocurrency portfolio tracker is, exactly
  • Why you need a cryptocurrency portfolio tracker
  • How to choose the best tool for tracking your cryptocurrency portfolio
  • One specific tracker that will enable you to manage your crypto right alongside your other assets and investments

What Is a Cryptocurrency Portfolio Tracker?

A cryptocurrency portfolio tracker is a digital platform, such as an app or web site, that enables you as an investor to keep track of the changing value of your different coins so that you can manage your portfolio by rights.
Cryptocurrency portfolio trackers connect with crypto wallets, which enable individuals to control their digital currencies. Some besides integrate with actual crypto exchanges, where investors can trade digital assets, including crypto coins.
It ’ randomness recommended that investors who actively trade more than three different types of coins use a cryptocurrency portfolio tracker to track and manage these assets.

Why Do I Need a Cryptocurrency Portfolio Tracker?

There are thousands of different cryptocurrencies.
And, just like decree currentness, the value of each is always changing. This is intensified by the fact that cryptocurrency markets trade 24/7/365.
As you add assets to your portfolio, specially those of the fast-changing diverseness, the more time you ’ ll necessitate to spend tracking all of them. That, or you can find a tool that ’ ll do it for you.
A cryptocurrency portfolio tracker is that cock — enabling you to easily monitor the performance of your cryptocurrencies and other assets all in a single horizon.
Why is it indeed significant to be able to easily keep racetrack of the operation of your assets ?
Because it ’ south significant that you maintain a portfolio that ’ sulfur systematically well-balanced and well-diversified, which are two key practices for keeping your wealth in good health.
the barbell investment approach

How to Track Your Cryptocurrency Portfolio: Criteria for Choosing The Best Tool for the Job

The biggest trouble in the cryptocurrency portfolio tracking universe today is that there are just besides many of them on the market — all of which are vying for your attention without actually explaining which of their features actually make them a good fit for the caper.
That ’ randomness why, in this incision, we ’ re going to give you the winder criteria against which to compare your options when you ’ ra searching for your cryptocurrency portfolio tracker.

Integration with a Range of Financial Institutions

Cryptocurrency portfolio trackers work by using third-party aggregators that enable them to tie into different crypto data feeds to display the information you need to track your assets.
The thing is, most aggregators alone work in certain countries and entirely have the engineering to work with certain crypto feeds. That means that not every cryptocurrency portfolio tracker will work in every site — so be sure to test the tools you ’ re interested in to make certain they do work in your specific example.
Integration with a Range of Financial Institutions Kubera, the source of the above screenshot, is uniquely equipped to track different crypto accounts deoxyadenosine monophosphate well as different bank accounts, investing accounts, and more because it integrates with a handful of aggregators that all serve unlike markets.
This technology enables Kubera ’ randomness customers to connect their crypto and other assets in a few clicks to automatically sync investments and see their values in real-time.

A High Level of Security 

Cryptocurrency is digital money that is managed by a decentralized network called “ blockchain. ” This network international relations and security network ’ deoxythymidine monophosphate owned, regulated, or tracked by any specific authority or mental hospital. This, of course, means that crypto ownership is hard to track and crypto transactions are closely impossible to reverse once they ’ ve been initiated.
But what does that mean for cryptocurrency portfolio trackers ?

That they better have their security locked down nasty.
Since portfolio trackers connect to their customers ’ crypto accounts, they have to be careful not to let in any malicious actors that would go through them to get at drug user logins for a kind of fiscal institutions.
It ’ sulfur not excessively hard to find out which crypto portfolio trackers take security seriously. Check out their websites to ensure they encrypt the datum they manage and that they use two-factor authentication whenever possible. Bonus points for trackers that don ’ t even entree their users ’ account credentials and let their trusted collector services handle that finespun information alternatively.

Usability Through Automation

One of the key reasons people adopt crypto portfolio trackers is to create a singular dashboard from which they can keep an eye on all of their investments.
But what ’ s the point if setting up or even using that remarkable dashboard is precisely american samoa time-consuming as logging in to each of your person on-line accounts to check on operation every few days ? After all, international relations and security network ’ triiodothyronine one of the key purposes of a tracker to see how your portfolio is performing in a single glance ?
That ’ south why comfort of use via automation is critical in a crypto portfolio tracker — from the inaugural time you input your crypto accounts to every time you use it to check on them moving forward.
In this day and long time, no tracker worth your time should be a struggle to use. You should be able to add your assets and see their build up anytime, anywhere in precisely a few clicks or taps of a finger. This ease of manipulation is typically powered partially by automation. No manually re-updating your assets or their value necessity.
And while most democratic crypto portfolio trackers have some automation, that functionality typically hits a wall when it comes to serving international investors. But not so with a tracker like Kubera. If you have investments that originate in several currencies but want to see the value of their holdings in one choose currency, Kubera is one portfolio tracker that can do that for you — automatically and in real-time. Talk about rest of use !

Entire Portfolio Unification 

Like we touched on earlier, smart investors know that diversification is vital to maintaining a healthy portfolio and growing your net deserving.
But the downside of diversifying into diverse asset classes, including cryptocurrency, is how unmanageable it can be to understand how all of them work together to impact your portfolio.
The solution is looking possibly a short bit beyond the portfolio trackers that poster themselves as “ crypto entirely ” and check out more full-bodied solutions that can unify your integral portfolio on the dashboard.
In addition, any portfolio tracker that purports to condense your net deserving and other crucial investment information into a single splashboard better be converting the value of each asset to your prefer currency in real-time — no matter what currency it originated in.

See How to Track A Cryptocurrency Portfolio the Modern Way with Kubera 

If you hadn ’ thyroxine noticed before, we think Kubera is a reasonably amazing crypto portfolio tracker.
And, no, we ’ ra not good saying that because we want to sell you something.
We ’ ra saying that because we truly build — and stay to improve — Kubera for the modern investors of the universe who are tired of their time, money, and sensitive data stolen by the lapp fiscal tools that promise to help them.
At Kubera, we ’ re a little team of person investors who are always looking for newfangled ways to diversify our portfolios. And in that quest, we realized we had a fortune of spread assets on our hands with no system for managing all of them for ourselves or for our children to whom we would finally pass them down. That ’ south why we created Kubera — the first genuine all-in-one portfolio tracker that will help you manage both crypto and decree accounts side by side. Which accounts ? Check out the full list of banks, brokerages, crypto exchanges and wallets, and fiscal institutions to which Kubera connects. In addition, you can add tickers for individual stocks and cryptocurrencies to your Kubera dashboard to keep an eye on the market at all times.

aside from fiscal accounts, with Kubera you can measure and manage everything from the kin heirlooms you ’ ve acquired to your most important estate planning documents ( very ! ). For homes, vehicles, and web domains specifically, Kubera integrates with leading asset experts ( such as Zillow in the U.S. ) that feed your Kubera splashboard with real-time grocery store data for your authoritative investments.
If you ’ re a fiscal professional or would like to use Kubera ( for release ! ) with help oneself from your fiscal professional, get in touch at hello @ kubera.com to learn about our white-label solution.
Sign up for your low-cost Kubera subscription right now and see if we ’ re right about being the unmarried best tool for keeping track of your crypto investments and beyond.

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