Cryptocurrency is the most discussable topic right now, governments of different countries try to invent new regulation, investors are investing their money, buying new altcoins and keeping an eye on traditional bitcoin. It’s hard to imagine a person, who is not aware of new financial trend, and even Wall Street companies have started doing bitcoin trading.
Developers are also following a new trend of interest and creating new applications and tools which make investors’ lives much easier. When traders started to invest in different cryptocurrencies, they used to put all records of their investments into Excel sheets, but as time goes by, the changes are coming. There are various methods of how to calculate your investments available now, and MyCrypto is one of the most convenient ones. What is a crypto tracker? It keeps track of your transactions and positions. Enter your data and stay updated on any price or market changes. The tracker also helps you make a decision on a new deal, weather to buy or sell particular coin.
Why chose MyCrypto? The answer is simple, it’s a new generation crypto tracker, which allows you not only to enter your investment profile data, but it automatically calculates the average cost of your holdings. We all know, that the price of bitcoin went up to $ 20,000 in December 2017, but this week it has dropped to $ 7,000. Some investors bought bitcoin when it was at its highest price, and bought it again last week; MyCrypto calculates the average cost of each cryptocurrency you invested in and shows the total value of your portfolio in one of the 30 currencies of your choice. MyCrypto quickly gained its popularity due to the convenience and the new features, and now you can find this app in App Store at an honorable third place among the most downloaded crypto trackers.
MyCrypto is suitable for both beginners and professionals. It allows you to add all the cryptocurrencies you have; create a list of your favorite altcoins; track the favorable rate at which you plan to purchase cryptocurrency. The interface is simple and concise, at the top of the app page you will see your overall portfolio balance, the total profit in relation to the currency you’ve chosen and in percentage, as well as fluctuations in prices for 1 hour, 24 hours and 7 days. From now you will know exactly how much you spent initially, by investing, for example, in Ripple, and how much you gained or lost from the current rate calculation. It will allow you to realistically assess the invested funds and think through a further investment strategy.
Users of AppStore are already familiar with the developers of this application, the IT company Novotech, as they have recently launched the news application called Holpop – latest news on crypto market in a short and up-to-the-point format. Having won the trust of users, the developers decided to go further and created the crypto tracker MyCrypto, which is now available in 13 languages.