RE: Welcome to the Crypto-Coaster...All Aboard! by edje

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Viewing a response to: @ericvancewalton/welcome-to-the-crypto-coaster-all-aboard

· @edje · (edited)
$0.49
It is certainly interesting times for cryptospace. I entered the crypto coin markets only around the enormous BTC dip and jump earlier this day (april '17?) and was shocked how quick a coin could change its value. Since then I trade with a very save budget, still. Trying to figure out if it is something for me to put more money in, and determine some goal. Because of the small and somehow free money I put in to trading, I'm not too nervous on what is happening right now, but interesting to see, every morning I wake up, my portfolio could be worth 10-20% less...or more, but generally less. For sure this will be good stories for later, in a couple of decades. The era of the scam coins, the era of the struggle to grow from a tiny baby to something bigger, with big dangers trying to prevent the baby to continue its life.
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@ericvancewalton ·
$0.09
I use an app called Blockfolio to track gains/losses and it works pretty well. If you don't have a tool to track that it's so easy to get lost.  I think those who invest in good coins with good tech and intelligent devs behind them and have the stomach to stay invested for the long term will be richly rewarded.
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@edje ·
$0.79
I suppose you are right, the good companies and coins can become a whole lot larger than what they are now. So far only trading, not investing. But yeh, investing cost less time, than trading. Maybe something for later when I understand cryptospace better. Thanks for the tip on portfolio overview. So far I use Poloniex and Excel sheet, the later to know what I put into Polo, and then Polo tells me how much I have of each coin. Other really small investments and exchanges, I have in Excel. But will try the App you tipped.
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