There are a lot of crypto currencies and a good track of your crypto portofolio is essential for good profits. We will compare HodlStream to other crypto portofolio managers. CryptoCompare is an entire ecosystem built for crypto. For example, there’s a section which describes and compares different cryptocurrency wallets, and one which provides information about mining of cryptocurrencies. There is also a news section keeping users up-to-date about all major occurrences in the crypto world. The portfolio management tool is just one of the many components of this ecosystem.
Delta is one of the best-known portfolio apps, widely availability on desktop (macOS, Windows and Linux), and iOS/Android mobile. Delta modestly describes itself as “the best Bitcoin, ICO and Cryptocurrency tracker. Everywhere.” What is for sure though, is that it tracks a vast array of tokens (2000+) in support of its claim to have the largest library of supported coins. It also garners consistently high reviews (4.8 out of 5 on Appstore). Exchange support (175+), API connection functionality (to 13 exchanges) and a clear interface complete what is a highly compelling package?-?let down only by some rather limited charting and notification options.
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. Extra info on https://hodlstream.com/.
Comparing cryptocurrency markets with traditional investment markets, you will clearly see that the cryptocurrency market is much smaller. This means that relatively small trade volumes can and do have a large impact. Even relatively small event such as a trading site hack in South Korea can affect the whole crypto market in a big way. Social media groups and forums about cryptocurrencies are always abuzz about such events. Crypto traders often base their purchase decisions on social media news and trends. Read “FUD and FOMO Explained” to learn more about this. Cryptocurrency traders need robust apps to serve as portfolio trackers, and start-ups are stepping in to provide them with some. If you are one such startup, I will explain how to build a crypto portfolio tracker app in this article.