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Topic: How many people know the exact value of their portfolio? (Read 157 times)

legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
Maintaining an exact portfolio for cryptocurrency is not possible. As, almost everyone uses a cryptocurrency to buy or trade with another and fiat are generally used to buy only one or two cryptos. The prices of crypto are much volatile to keep a track of and when you are not buying it directly with fiat, you can't make a portfolio based on it.

The price may be volatile, but that's not going to stop anyone from using an online portfolio (connected up with the exchange that you buy and sell on) to be able to fetch the data from the site where you have your coins. This would, painlessly, tell you the EXACT value of your portfolio with ease.

I don't see this being such a big issue.
member
Activity: 161
Merit: 13
I'm using crypto tracker (android, not sure about IOS) on my phone and find it quite useful for measuring portfolio and staying up-to-date about all coins needed
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
Trouble most of the time, I also because of this problem, because these tokens do not list on the same exchange, then observe their price is very trouble, if be ERC20 tokens, so I will refer to the price of IDEX commonly.
sr. member
Activity: 578
Merit: 250
I know the exact value of my portfolio.  I'm tracking my portfolio automatically using Blox.io (formerly CDT - Coindash).  Pretty simple, it updates live and I just sync up my exchanges and wallet addresses and it keeps track of my totals for me.  I used to use etherscan but that only keeps track of my ETH wallet and ERC20 tokens for that individual wallet.
legendary
Activity: 3094
Merit: 1069
Vave.com - Crypto Casino
Maintaining an exact portfolio for cryptocurrency is not possible. As, almost everyone uses a cryptocurrency to buy or trade with another and fiat are generally used to buy only one or two cryptos. The prices of crypto are much volatile to keep a track of and when you are not buying it directly with fiat, you can't make a portfolio based on it.
member
Activity: 350
Merit: 41
To add complexity, you need to take into account volume, low caps can go up 100% or crash with no volume, representing no real value unless you are looking to sell 1 coin valued at cents.

I'm presuming you mean trading volume, and yes, that will affect the price more significantly on lower volume coins. Better to check those type of coins directly on the exchanges. I have a couple of low volume coins that I've been trying to offload for a while. Not overly fussed as I am fairly confident they will move up eventually, but I would rather move that capital into other projects.  Getting close to my target price, so hopefully will be shifting them soon.
full member
Activity: 210
Merit: 100
BLOCKCHAIN VERIFIED PRODUCT REVIEWS PLATFORM
To add complexity, you need to take into account volume, low caps can go up 100% or crash with no volume, representing no real value unless you are looking to sell 1 coin valued at cents.
sr. member
Activity: 1007
Merit: 279
Payment Gateway Allows Recurring Payments
I certainly don't keep track of the exact value, since I'm holding most of my coins for the long term. One of the major issues people come across is looking at short term fluctuations (sometimes massive) in the value of their holdings. I think this often leads to panic selling, and then regret when the market recovers some weeks/months later. It's best to just avoid the headache and only check every month or so.
hero member
Activity: 644
Merit: 501
If all your tokens are at least listed on one exchange, doesn't matter if it's major or not, then you can always use blockfolio to track your portfolio value. Based on experience it updates in real time as well.

Though, this is going to be based on the last market price, the actual liquidation price could be less than that.

Although it's a different story if the coins aren't listed on any exchange. In that case you'd just have to calculate your total portfolio manually.
full member
Activity: 490
Merit: 123
as I know you can track estimate value of your tokens on etherscan (of course if they are based on ether)
here a link for your address: https://etherscan.io/address/[REDACTED ADDRESS]

EDIT: OP asked to remove ETH address
member
Activity: 350
Merit: 41
I was trying to work out the exact value of my portfolio today (last time was a while ago and I knew it was going to be considerably lower than the last time I checked Undecided). I use Delta to keep a track of most of my coins and keep a spreadsheet that covers even more, but with a few airdrops here and there, and a couple of bounties starting to come through, I realised that I probably have more than I thought. Some of the coins I have received are trading already, but not on sites linked in with the app, so it makes it more difficult to keep an accurate figure on what my total is worth without individually checking each one. I guess I need to just keep a track on the main ones with the app and do the leg work on the others to find the price. There must be an easier way to do this. I have coins on a few different exchanges, plus my cold wallets, and then on a couple of web and desktop wallets. All in all, I probably have coins stored in around 12-15 different places. Anyone have a simpler way to keep a track of prices when they are not listed on main exchanges? I am reasonably well organised, but I know it could (and should) be better.
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