PORTFOLIO MONITORING APP

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It's not necessary to become fixated on the token price just because you checked into one of your favorite coins. There is no need to monitor your portfolio 300 times a day and examine every 0 shift in price, as you might feel compelled to do. It's not necessary to check your financial situation every five minutes. Use a portfolio monitoring app since you really just need to automate those types of portfolio activities. Regardless of whatever large websites you choose, such as Coinmarketcap or Coingecko, they will offer you price updates and news notifications. You need to concentrate on the business, not the price, just like when investing in the stock market. Make good use of your time by keeping up with the things the team is launching and what they are actually working on.

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You may compile a list of projects you're interested in with the top influencers discussing those topics using a tool like Twitter lists. You'll have all the news about your cryptocurrency investments in one spot this way. It assists in removing the noise caused by others on your timeline discussing 100 more tokens that you don't really care about because you don't own them. Use a website like Coinmarketcap if you need to monitor the market values. where all you have to do is make a watch list. Even though you might feel tempted to sell if something in your portfolio turns red.

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Once you have everything set up and are aware of what you're looking for, checking the charts doesn't take very long, but the concept is quite straightforward. Look at Bitcoin and Ethereum briefly to see how the majors are faring. Get a sense of those Charts Know their tendencies because they frequently determine the general course of the entire cryptocurrency market. The emotional bias that can be difficult to overcome in this market and that can lead us to make poor decisions can be avoided by keeping your finger on the pulse of important Assets in the cryptocurrency market.