Portfolio Manager
A portfolio manager is a tool used by cryptocurrency investors to manage their investments. It allows the user to track and analyze their entire portfolio in one place, giving them an up-to-date view of their holdings and performance. The manager also provides users with real-time data on market conditions, allowing them to make informed decisions about when to buy or sell specific coins.
Most portfolio managers provide features such as coin watchlists, price alerts, news feeds and analytics tools that help users keep up with changes in the markets and understand how different assets are performing over time. They can be either web-based platforms or mobile apps that allow users to access the service from anywhere they have internet access.
When choosing a portfolio manager for your cryptocurrency investments it’s important to consider factors such as security measures (e.g., two factor authentication), fees associated with using the platform/app, customer support options available should you need assistance with any issues or questions regarding your investment(s), user experience (including ease of use)and supported currencies/coins – some may not offer support for all available cryptocurrencies so make sure you check before signing up! Additionally, if you plan on investing in multiple assets across various exchanges then look out for managers offering exchange integration capabilities which will enable you to view all your holdings in one place regardless of where they were purchased from originally.
Finally, many services now offer ‘tax reporting’ features which take into account capital gains tax rules applicable within certain jurisdictions – this can be especially useful if you’re based in US or UK where regulations require traders declare profits made through trading activity during annual taxation filing periods!
