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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptothief on March 11, 2018, 09:08:52 PM



Title: How many people know the exact value of their portfolio?
Post by: cryptothief on March 11, 2018, 09:08:52 PM
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 :-\). 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.


Title: Re: How many people know the exact value of their portfolio?
Post by: mazdafunsun on March 11, 2018, 10:27:50 PM
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


Title: Re: How many people know the exact value of their portfolio?
Post by: Yuuto on March 11, 2018, 10:38:32 PM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: spiker777 on March 11, 2018, 10:43:07 PM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: noloco on March 11, 2018, 10:46:31 PM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: cryptothief on March 20, 2018, 01:19:44 AM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: tsaroz on March 20, 2018, 04:15:00 AM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: CryptoAllDay on March 20, 2018, 04:24:29 AM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: Angelia46 on March 20, 2018, 04:42:52 AM
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.


Title: Re: How many people know the exact value of their portfolio?
Post by: 247mining on March 20, 2018, 04:45:32 AM
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


Title: Re: How many people know the exact value of their portfolio?
Post by: squatz1 on March 20, 2018, 04:46:22 AM
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.