Building and managing an investment portfolio in the Crypto market is always an important task that any investor needs to do to avoid unexpected losses, but not everyone can. Create your own investment portfolio. In this article Weakhand will give everyone instructions on building a Portfolio using CoinGecko in a simple way.
Some other articles that may be useful to everyone:
- What is CoinGecko? Instructions for Registering and Using CoinGecko
- 5 Risks of DeFi That Users May Encounter
CoinGecko Overview
CoinGecko is a tool that allows users to track and search information about any project or coin or token in the Crypto market completely free of charge. CoinGecko was launched in 2014. After a long period of construction and development, this tool has now provided information about more than 10,000 projects and 850 different exchanges.
The portfolio feature, also known as investment portfolio, has been launched by CoinGeko since the 2020s, however, this is a quite complicated product for most people so not everyone knows and uses it. Master this function to support the investment process.
Instructions for Building a Portfolio Using CoinGecko
Step 1: Create a CoinGecko account
For the computer version, people need to follow these steps:
- Visit: https://www.coingecko.com/
- Select “Sign Up” and proceed to register an account with your email address.
For the phone version, people need to follow these steps:
- Visit the Appstore CoinGecko download page on IOS or Google Play on Android.
- Download and access the CoinGecko app and register for an account.
Step 2: Create an investment portfolio
- Access: https://www.coingecko.com/en/portfolio
- Proceed to create a new portfolio in the “My Portfolio” section.
Step 3: Add tokens to portfolio
After creating a portfolio, we need to add new coin tokens in the “Add New Coin” section, add parameters by selecting Add Transaction as follows:
- Price Per Coin: Buy or sell price per token.
- Quantity: Amount of tokens bought or sold.
- Total Spent: The amount of money spent to buy or sell is calculated by CoinGecko itself.
- Date: Transaction time.
Step 4: Manage your portfolio’s allocation
After completing the addition of the tokens you are holding in step 3, you select the pie chart icon near the Add New Coin section to see how your portfolio is being allocated. easy way.
Summary
Above is a guide to building a portfolio using CoinGecko from Weakhand. Hopefully, through this article, everyone will be able to manage their investment portfolio easily and avoid losses in the market.
