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Data driven crypto portfolio management

There are many crypto currencies and a good management of your crypto portofolio is essential for high profits. We will compare HodlStream to other crypto portofolio managers. Blockfolio is one of the most popular portfolio trackers out there and for good reason. It has 5M+ downloads and 90k+ reviews in Google Play Store and Apple App Store combined. Intuitive design is the cornerstone of the app. Blockfolio is focused entirely on the app with no web-available feature. It allows for tracking of multiple portfolios and like Gem, Blockfolio is free-to-use for all its features. However, there is no exchange sync capability which means all trades have to be added manually.

One for aficionados , the Cointracking.info site currently boasts 300k+ active users, nine years of historical data and coin trends for all 6229 coins. It offers direct exchange transaction imports from 52 exchanges, plus eight supported wallet imports — including Trezor and Electrum. Pro-traders use the site for its powerful trade-analysis functionality including “Realised/Unrealised gains/losses”, average purchase prices, trading fees, coin trends — not to mention tax reports. While the level of functionality is ideal for serious and regular traders, free access is limited to a meagre 200 transactions. Anyone wanting to exceed that (for example by uploading their trade history) would need to fork out for an annual licence, coming in a reasonable $80 for the Pro version (max 3500 transactions) or $126 for Unlimited access.

Must have : It’s almost tax time again, and accountants are going to be inundated with crypto investors looking to pay taxes on their assets. Accounting for crypto is easiest and most accurate when professionals have the information they need in an accessible format. While this can require a painstaking process of document acquisition, this can be simplified by using third-party asset management tools that can streamline communication with CPAs and external auditors. For example, a platform that can export data on all crypto assets into a CSV allows users to quickly share financial information with tax professionals. Naturally, platforms that offer a plugin to popular services like Coinbase are even better. More info on https://hodlstream.com/.

Security: Users need to ensure their crypto portfolio information is safe from prying eyes. Sharing options: Crypto community works based on mutual trust among small groups. These groups share a lot of information within themselves. This helps the community members remain on top of the latest developments in the market. An ability to share portfolio details with other trusted community members is important in a crypto portfolio tracker app. Having said that, the app should facilitate sharing in a secure manner. A crypto trader may hold multiple cryptocurrencies, for e.g., Bitcoin, Ether, and other altcoins. The app should give an overview of the traders‘ entire portfolio of crypto holding.