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5 Crypto Portfolio Trackers Reshaping Investment Strategies

source-logo  cryptonewsland.com 11 September 2024 03:15, UTC
  • Crypto portfolio tracking apps are no longer merely displaying the current prices for assets but also add analytical tools, tax services, and even news feeds.
  • Some trackers are more focused on certain aspects of the ecosystem (Crypto Pro for Apple) while others are more research-oriented (CoinMarketCap).
  • Luxury features such as real-time feed, compatibility with multiple exchanges, and data encryption are now available in many portfolio trackers.

The article discusses five unique applications for tracking portfolios in cryptocurrencies, aimed at providing investors with comprehensive information to facilitate better decisions and outcomes in the fluid and dynamic world of cryptocurrencies.

CoinStats: The Swiss Army Knife of Crypto Tracking

CoinStats has indeed positioned itself as a portfolio tracker with many features that allow it to work in different ways. The application provides real-time price updates, portfolio analysis, and support for multiple exchanges and wallets. To ensure that users are aware and updated about events that may influence their investments, CoinStats has a news aggregator function.

Delta: Sleek Design Meets Powerful Analytics

Delta has been popular for its ease of use in the graphical user interface and powerful analysis capabilities. The tracker has a feature that displays the profit and loss based on various time frames on the chart. Watch list is another useful tool of Delta; it enables users to track potential investments without actually investing in them.

Crypto Pro: Tailored for the Apple Ecosystem

Crypto Pro is designed for those who use Apple devices and can be easily synced across all of them. It involves the creation of portfolio summaries in the form of widgets and supports real-time prices via the Apple Watch. Crypto Pro has features that allow for local storage of data and data encryption, which also falls under the privacy category.

CoinTracker: Streamlining Tax Reporting

CoinTracker has effectively filled a gap in the market by offering not only portfolio tracking but also tax reporting for cryptocurrencies. It connects to popular exchanges and wallets to automatically calculate taxes and generate required forms. CoinTracker’s cost basis feature is useful in planning the tax implications of investments made in cryptocurrencies.

CoinMarketCap: From Price Tracking to Portfolio Management

CoinMarketCap a popular website that provides cryptocurrency price data has added new features for portfolio tracking. One of the most useful features of the platform is that it provides coverage of even the most obscure cryptocurrencies. CoinMarketCap’s combination of news, analysis, and educational resources makes it an ideal investment research platform.

cryptonewsland.com