CMC will soon be tracking 1700 cryptocurrencies.
A diversified portfolio is a good portfolio. However, at the rate new tokens are hitting the market, it’s becoming impossible to track a diversified portfolio. Tracking a portfolio manually is extremely difficult and, given how volatile the crypto market is, a portfolio update is need at least every couple of hours.
If a person manages to track a diversified portfolio’s performance on a hourly basis, he or she deserves an award. It’s important to have an automated means of checking portfolio performance. There are some guides on YouTube that show a severely complicated and time-consuming way to build a portfolio tracker on Google Sheets via CMC APIs.
For the rest of us, there are alternatives.
Cryptocurrency Portfolio Performance Trackers
A good cryptocurrency performance tracker needs to offer, in order of importance, data security, convenient wallet sync, quickly coin additions, and customer service (because every product should have good customer service)—oh yes, and it should be free.
Portfolio trackers need to make as easy as possible for users to know how each and every coin or token in their portfolio has performed in the past minute, hour, day, week, month, and so on.
A tracker that everyone involved in cryptocurrency must have noticed is the one provided by Etherscan. Given that most people use the site to check their token holdings, its portfolio tracker is a convenient add-on. While this probably the most known tracker, it is extremely limited as its only available on the Etherscan website, doesn’t adjust well for phone screens, and doesn’t track the vast portion of newly released tokens.
A number of applications are racing to have the opportunity to track portfolios and one of the newest ones is Bitsnapp; https://bitsnapp.com.
Bitsnapp
Bitsnapp launched just a few months ago but has quickly amassed a userbase that has given it over 400 reviews at an average rating of 4.8 stars. It offers the 5 important S.
Security: One of the most powerful aspects of blockchain technology is the level of security it offers. Thus, most people in this market value security. One stand-out factor of Bitsnapp is that it doesn’t take any data from you—in fact, no app databases are involved as everything is stored on the phone. Beyond data security, the app offers log-in pin/finger print features.
Speed: New ICOs are being launched at a rapid pace and an unprecedented amount of coins are hitting the markets at an impeccable speed. A crypto portfolio needs to update its tracker at an equally impeccable speed. Compared to other popular trackers like Delta, Bitsnapp’s tracker is updated far more efficiently and it is able to track many coins in my portfolio that had hit the exchanges less than 30 days ago.
Service: Many crypto exchanges are known for having little to no focus on customer service; expecting support apps in this market, which understandably drive much less revenue than an exchange, may seem an absolute oddity. However, Bitsnapp has believable support; the team actually proactively wants to hear from the userbase.
Simple: This is one of the most important things in an app. People have become accustomed to downloading an app and immediately knowing how to use every single aspect of it. Bitsnapp provides a short, concise animated guide when you open the app for the first time. Within a few seconds, every aspect of the app is understood. Users can sync the app to over 50 types of addresses, exchanges, and even mining pools, refresh the page, and the tracker begins its magic.
Style: While not necessarily important to everyone, the app does have a very sleek UI. It also allows users to view their portfolio is clean, clear charts to give a detailed view of your portfolio.
The app also offers some other good features like watch-only tickers. You’re likely to come across certain coins or tokens that you may not own but want to watch in case you want to find a good entry point. You can open up each coin or token's individual charts within the app to get a detailed minute-by-minute grasp of the price (candlestick charts).
On a closing point, be sure to check out Bitsnapp's build-in customizable news feed to make you remain updated with the important headlines to compliment your portfolio updates.
Get the App
Website: https://bitsnapp.com
Play Store: https://play.google.com/store/apps/details?id=bitsnapp.com.bitsnapp