This feature of the CoinMarketCap platform should be known by everyone
By Admin
If you are interested in the field of cryptocurrencies and digital currencies, then you are familiar with the CoinMarketCap platform. One of the most important and necessary platforms that every activist in this field depends on. The CoinMarketCap platform has a set of different features that work together to provide the user with an integrated platform.
However, some of its properties may not be known to many. Such as the Portfolio Tracker feature that we are about to show you today.
First things first...what is CoinMarketCap?
If this is your first time hearing about the CoinMarketCap platform, let us explain it to you first. CoinMarketCap is a platform specialized in tracking and knowing the necessary information about digital and encrypted currencies. The platform as a whole includes a rating and ranking of all cryptocurrencies in the world, with all the information you need to know about each individual currency.
In addition, you can also reclassify cryptocurrencies based on demand, for example, the most popular in the recent period, the most active, the most declining, and more. It also includes current, real-time pricing for each individual currency. Creating an account for yourself on the platform gives you access to another additional set of features.
Such as creating a Watchlist or a list to follow the digital currencies you are interested in, or creating a Portfolio that includes the digital currencies you invest in. In addition to the Crypto Alert feature, which alerts you when a currency reaches a specific price, or drops below its current price. So this is the CoinMarketCap platform in brief.
Portfolio Tracking feature in the CoinMarketCap platform In the CoinMarketCap platform, you can create what is called a Portfolio through which you review the digital and encrypted currencies that you purchase. This is so that you can access it faster and carry out buying and selling operations as needed. However, Portfolio includes an additional feature called Portfolio Tracker.
This feature allows you to track the price of the digital currencies you have invested in, and view a comparison between the price during purchase, the current price of the digital currency, and the average purchase price. This helps you to always know the price difference between the currency before purchase and after purchase, and to know the effect of the current currency price on the currencies that you have previously purchased and invested in. Integrated features to ensure that digital currencies are invested correctly. The Portfolio Tracker feature helps you, especially if you combine it with the Crypto Alerts feature in the same platform. It will allow you to make great investments without losing much.
Keeping your eyes peeled on the cryptocurrencies you invest in. Always compare its price with the current and previous prices of the digital currency in which you invested. This is a feature that you may not find in other digital trading platforms.
We should also not forget that the CoinMarketCap platform includes almost all digital currencies in the world, which means that this feature is available on any digital currency without exception. If you want to track the price of cryptocurrencies without having to actually invest in the Portfolio feature, you can use the Watchlist feature to achieve this.
How do I use Portfolio Tracker?
You must first register your own account on the CoinMarketCap platform, then go to the Portfolio feature or go to it directly to the following link. You will find that your profile is empty because you have not made any purchases yet. All you have to do now is choose the currency you want to invest in
Then make your purchase until the currency is added to your profile. After that, they will all be classified, and you will be able to take advantage of the Portfolio Tracking features to track the digital currency, compare its prices, and also carry out the selling process if you see fit.
DROPIDEA
We hope this article has added real value to you. At DROPIDEA, we always strive to deliver high-quality content that helps you grow and evolve in the digital space. Follow us for more useful articles and guides.
Admin
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