Cryptoweighter Lifetime Deal $150.00
In investment and finance, a portfolio is defined as a grouping of financial assets which includes stocks, bonds, fiat currencies, cash equivalents, and commodities, among others.A crypto portfolio can be defined similarly, but with a notable difference in the kind of investments held. Instead of traditional assets, your cryptocurrency portfolio consists of the diverse digital currencies that you hold, invest in, and trade on your chosen cryptocurrency trading platforms. Essentially, your cryptocurrency portfolio is like a basket of cryptocurrencies that you have also known as a crypto wallet tracker.
The end goal of cryptocurrency investors and bitcoin traders is to build their portfolio by growing the value of their investments. To build a portfolio, a crypto trader must consider the following: asset allocation, risk tolerance, trading style, and individual’s time horizon.
One’s cryptocurrency portfolio can never be exactly the same as another. The choice of digital assets may depend on many factors such as the technology behind the token, the platform behind the development of the coin, and more. Even your own tolerance for crypto price volatility can affect the way that you build your portfolio.
To effectively keep track of your cryptocurrency holdings and the performance of your trades, you will need tools or software for crypto portfolio management. Since cryptocurrency prices are usually volatile or changing frequently, it could be impossible to manually update your portfolio with the real-time value of your digital assets.
Also, those who frequently trade and those who use crypto trading bots or advanced crypto trading software with scaled orders can fail to keep track of their current crypto holdings without the help of reliable crypto portfolio management tools
CryptoWeighter is a highly quantitative portfolio analytics tool used to build and manage cryptocurrency portfolios.
Through its algorithms, formulas, and programmatic rules, the CryptoWeighter system allows investors and portfolio managers to establish portfolio weightings consistent with their investment objectives.
CryptoWeighter’s data feed is provided by CoinMarketCap and accesses over 4,500 cryptocurrencies with market prices updated constantly.