Checking your crypto portfolio is a good idea to keep track of your investments but you don’t want to overdue it. There is a lot of volatility in the crypto markets, which can cause crypto investors to make emotional decisions during bear markets.
Choose a Daily Routine
I personally check my crypto portfolio on a daily basis using the Cointracker app because it’s free to sign up and track your total portfolio value across your entire holdings.
However, some people may prefer logging directly into their account or accessing your offline hardline wallet.
You can try these different intervals depending on how obsessed you are:
- Daily: Crypto markets move often and you may need to keep track of your altcoins in case they spike or crash quickly.
- Weekly: This is a good time period for swing traders who want to profit from top 100 altcoin pumps.
- Monthly: If you are a long term investor then a monthly check-in will give you a general overview of the market and help you stay on track.
- Annually: This is the most stress free strategy for crypto long term HODLers. Check your portfolio every January and forget about it for the rest of the year.