Portfolio Management - An Important activity missed by majority of the traders today!
Hello everyone,
How are you all? I hope everyone is fine and doing great in their life.
Most people who enter the crypto market today are unaware of the importance of managing their portfolio. That is the reason we often see people struggling to monitor their profits and losses.
When you buy an asset, it is almost impossible to remember the exact price at which you bought it. That is where portfolio management applications come into play. You can use different types of tools for this purpose.
CoinGecko is one of the platforms that people use to manage their crypto portfolios. I have personally used it as well, but there are other, sometimes better, options available in the market if you want to explore new tools.
In the coming days, I am going to share one of the tools that I am currently researching. After completing my research, I will share it with all of you. I believe it is an all in one tool, and based on the features it offers, it could potentially become very popular in the crypto market.
So stay tuned to learn more about it.
Until then, I would like to ask all of you about your thoughts on portfolio management. Do you think it is something that is necessary, or do you think it can be ignored without any worries?
If you ask me, I believe it is extremely important, especially if you are using multiple exchanges to hold your assets. Even if you are using only one exchange, after a certain period of time your trade history may not be easily accessible or may be removed from view.
That is why having a portfolio tracking application that shows your holdings and purchase prices at all times is very useful. It does not matter when you bought an asset; the record stays there for you.
For this reason, I believe it should become a daily habit for traders as well as long term investors to use a portfolio tracking application. This helps ensure that they do not face problems later when they return to the exchange and try to remember the price at which they originally bought their assets.
This section is for the games I play on Hive blockchain. You are free to skip this section if you are not interested in reading about the games here.
In the screenshot below you can see my terracore base where we have used 5 attacks and they went not very ok as we won around 578 with 5 of the attacks that went successful for us.
Our golem overlord base used some attacks to win the shards as well as parts as we were there on time this claim session as you can see in the screenshot below.
That is all I did in Golem and terracore base today.
Thank You and make sure to check Crypto Company CEO services as I recently shared in my blog. You can simply click on the picture below and it will take you to their official website.
