Guides
CryptoCompare Portfolio FAQ
In this guide, we explain what each field of the Portfolio means and we also list the most frequently asked question and respective answers. Feel free to ask questions in the comment section as we will add these to the FAQ list.
How to use the Portfolio Accounting Tool
We got tired with all the ins and outs of keeping track of our cryptos - where they came from - when we bought them and where we are storing them! So we decided to make our portfolio tracking app. A lot has changed in the portfolio since we first created it. It went from a simple tracking app to a more advanced one with special features and functionalities like the advanced charts and sell option. In this guide, we're going to explain how the Advanced Chart tab works and how you can take advantage of it to analyze your strategy and maximize your profits with the information gained. The accounting tab meant to help you wrap your head around your crypto finances using the basic financial statements: income statement and cash flow statement. You can keep track of your closed and open positions and all your transaction history. In this guide we show you how to use the accounting tool.
How to Add Sold Coins on the CryptoCompare Portfolio
One of the coolest things about the Cryptocompare portfolio is that it allows you not only to track the profit and losses of the coins you currently hold, it also allows you to track the realized profit/loss of the coins you have already sold, allowing you to look back on the assets you have previously bought and sold in order to improve your overall strategy. In this guide, we're going to teach you how to sell a coin on our portfolio.
How to Use the CryptoCompare Portfolio Risk Analysis tab
If you invest in multiple cryptocurrencies, keeping track of all your holdings can be hard. That's why we designed the CryptoCompare portfolio. It went from a simple tracking app to a more advanced one with special features and functionalities like the advanced charts and sell option. However, you can choose to take advantage of these advanced functions or you can choose to keep it simple and ignore the more complicated features. In this guide, we explain how to take advantage of our risk analysis section. This section calculates various factors to determined how risky your investments are.
How to use the Portfolio Advanced Charts
We got tired with all the ins and outs of keeping track of our cryptos - where they came from - when we bought them and where we are storing them! So we decided to make our portfolio tracking app. A lot has changed in the portfolio since we first created it. It went from a simple tracking app to a more advanced one with special features and functionalities like the advanced charts and sell option. In this guide, we're going to explain how the Advanced Chart tab works and how you can take advantage of it to analyze your strategy and maximize your profits with the information gained.
How To Add Bitcoin To Your Investment Portfolio?
Bitcoin is one of the most popular cryptocurrencies and it only keeps gaining traction as days keep passing by. This is mainly because Bitcoin has the potential to earn returns besides the ever-increasing acceptance by investors and businesses all over the world.