Portfolio Tracker

Portfolio tracker

A portfolio tracker helps you see all your coins and tokens in one calm place. It gathers balances from different wallets and exchanges so you can understand what you own. With a tracker, you can watch prices change, set simple goals, and notice risks early. It matters because guessing with money is stressful, while clear numbers let you make small, careful steps. A good tracker is easy to read, works on phone and computer, and respects your privacy.

How do I start a portfolio tracker?

Begin by listing where your assets live, like your main wallet, a hardware wallet, and an exchange. Create an account in the tracker, then add each source one by one. If the tool supports read‑only API keys, make those keys so the tracker can pull balances safely. Where APIs are not possible, you can add coins by typing amounts. Check the currency, time zone, and alerts so prices and totals make sense for you.

What should I track every day?

• Check total value and big moves.
• Review largest coins by share.
• Scan alerts for price or fees.
• Note deposits, sales, and swaps.

How can I see profit and loss clearly?

Turn on cost basis tracking and record the price when you buy. Add small notes like why you bought and your target. Use simple charts that show value over time so you can separate lucky spikes from real growth. If you move coins between wallets, mark them as transfers so numbers stay clean. When you sell, the tracker can show gain or loss based on your chosen method, like fifo or average.

Which is better, manual or automatic tracking?

Automatic tracking saves time and reduces mistakes because balances sync by API or public addresses. It is best when you have many assets or trade often. Manual tracking gives more control and can work offline, which some people prefer for privacy. A mixed approach is common: use automatic for major wallets and exchanges, and manual for rare coins or test funds.

How do I keep my data private and safe?

Use read‑only connections so the tracker cannot move funds. Protect your account with a strong password and two factor codes. Avoid sharing seed phrases, because a tracker never needs them. Back up your notes and exports in an encrypted folder so you can switch tools later without losing history.

How do I export reports for taxes?

Look for a simple export to csv or xlsx that lists each trade, transfer, and fee. Set the right timezone and currency before exporting so values match your records. If the report looks wrong, check that deposits are tagged as transfers, not income. For complex cases, save separate files per exchange and keep a copy of originals for your accountant.