We’re going to have a look at CoinFi’s Portfolio Management System Tool and I’ll walk you through my own portfolio to show you how I analyze risk.
It’s a similar system to what professional traders use in hedge funds and the equity world.
Why Is It Important?
Because you want to quickly see what your investments are worth in real time, what the daily changes are, as well as where you’re making or losing money. Its also a way to very quickly to understand your risk (where can you make or lose a lot of money) and how that might affect your psychology if a correction happens.
Using our system, you can very quickly calculate how much money you’ve made or lost, or how much you might make or lose in a correction.
Watch the video for a detailed walkthrough of the process:
To summarise, the portfolio tool is for monitoring your risk for profit and loss.
It’s important to be able to see where your funds are concentrated and if there are hacking and security problems, it can help you understand what your risk is
Also, it helps you understand where you’re going to be making and losing money each day and where in particular if a certain coin moves in a way – it can quickly predict what impact it can have on your profit and loss.
If you want to learn more about CoinFi or get early access to these signals, you can view our token sale page at Sale.CoinFi.com, or join our Telegram Group here and ask our team questions questions directly.