Hello, this is kaz (@ kazukino11111).
How do you manage portfolio of cryptocurrency everyone? Recently, the type of currency and the number of exchanges have increased and have you experienced “I do not know where the asset is?”
This time we are introducing Cryptofolio (cryptopholio) which is very convenient for portfolio management.
What is Cryptofolio (Cryptofolio)? A convenient application that can manage cryptocurrency
[Image commentary] Super convenient for portfolio management! Characteristics and usage of Cryptofolio
Cryptofolio (cryptopholio) is an application developed to make asset management of cryptocurrency easier .
As usual it is very time-consuming and labor-intensive to check the assets on each exchanges as you log in and check each one. However, Cryptofolio helps you keep track of the total assets because you can manage all of them in one application at once.
By the way, the name Cryptofolio is derived from “Crypto Currency” which means cryptocurrency and encryption currency, and “Portfolio (portfolio)” of asset management.
Introducing three features of Cryptofolio (cryptopholio)
There are reasons why Cryptofolio is loved by many cryptocurrency investors. Here we will introduce the features of the cryptophio.
Completely Japanese compatible!
Because Cryptofolio is an application born in Japan, it is fully compatible with Japanese .
Since the market of Japan in the cryptocurrency market can not be ignored, there are not many sites supporting Japanese in overseas exchanges and data sites, but English is still standard.
Under such circumstances, Cryptofolio is a very appreciated app for Japanese who can use it easily even if English can not be read at all.
Corresponds to major exchanges both in Japan and overseas
One of the features of Cryptofolio is the number of correspondence exchanges .
If it is a domestic exchange, it corresponds to seven exchanges registered to the Financial Services Agency. By the way, the seven companies are specifically Bitflyer, Zaif, Coincheck, bitbank, GMO coin, DMM Bitcoin.
Of course, the corresponding exchanges will be added in the future.
Corresponds to a large number of currencies
Cryptofolio introduced that it corresponds to many exchanges, which means that it corresponds to a large number of currencies .
We can add all of the currencies handled by the Cryptofolio exchanges to the portfolio as asset data .
The corresponding currency here is also added as needed along with the update of the corresponding exchanges.
If you keep this even patched! How to use Cryptofolio (cryptopholio)
Here we will explain how to use basic Cryptofolio.
First install the application. Since Cryptofolio is compatible with both Android and iOS, it is available on many terminals.
Enter Japanese yen
When launching the application, the screen “Retained property” is displayed first. You can add and edit currencies from this screen.
First let’s add one. From the asset holding screen, tap “+” icon.
Next select the method to search for the currency you want to add. First, let’s add Japanese yen as we need Japanese yen to purchase cryptocurrency. (Except for air drop only cases etc.)
In this screen, choose to choose from Fiat (statutory currency) .
If you select Japanese yen, you will switch to the screen below and you will be prompted to enter the necessary information. The information to enter is as follows.
- Select exchanges = Select the exchanges that purchased the currency.
- Write the transaction price = the rate of purchase. (It reflects automatically if it is current price)
- Transaction volume = Enter the transaction quantity.
- Transaction date = Enter the transaction date and time.
- Note = You can enter notes on this transaction.
These information are arbitrary, and it is not necessarily that you have to fill in all of them.
When all input is completed, tap the save button in the upper right to save.
Add assets to be held
Then I will enter my own currency. First, proceed to the screen for selecting coins in the same way as before. I chose from the legal currency earlier, but this time I will search from domestic exchanges.
In this example, we will proceed with the setting that you bought 10,000 yen worth of Bitcoins in Japanese yen at the domestic exchange Bitflyer.
When you select Bitflyer, a list of handling pairs is displayed, so select BTC / JPY .
Then the price of the Bitcoin at the time of article writing is displayed. (If you selected a date in the past you need to enter the price manually) Enter the quantity and tap Save.
You will be asked if you would like to reduce the first Japanese yen you added here. Since we assume that we bought it for the first 100,000 yen we deposited this time, we will tap “Reduction”.
Bitcoins are now added to the assets they own.
The method of recording when currency is sold is basically the same procedure as the addition. Go back to the screen of adding coins again from the screen of assets held.
When selling, select “sell” on this screen and enter the quantity, memo, date and time.
When input is completed, let’s press “save” in the upper right. Then you will be asked if you would like to add JPY obtained when you sold. When you tap Add, the amount will be added to JPY you registered in advance.
Five features of Cryptofolio (cryptopholio) that you know conveniently!
Actually, Cryptofolio has a lot of useful functions. Here, we will introduce the useful functions with photos.
Confirm rate only with Watch
In Cryptofolio you can check the price of currency only by selecting Watch on the screen of adding coins.
It is a useful function when you want to confirm the trend because it is a big currency that you are wondering about purchasing.
Understand asset status on the asset transition screen
The tab next to the asset held, “asset transition” can check the state of the asset transition . It helps to grasp the asset situation such as whether my assets are increasing or decreasing now.
Since the graph can be switched to one day, one week, one month, three months, six months, one year, all the periods, we can check the asset status in various ranges.
Confirm the latest news on the news tab!
Cryptofolio has a tab called “news” from which you can check the latest virtual news and blogs of popular cryptocurrency traders .
It is very convenient to be able to check the latest information without opening the browser or other applications.
Pie chart on cryptoforio screen
On the “Cryptoforio” screen, you can display your own assets as a pie chart, and you can see with eyes how much the currency occupies the proportion of the portfolio .
Since the percentage is visualized in the graph, this is also a function I would like to use in conjunction with asset holdings and asset transition.
There are also a number of functions in the setting
You can manage various settings of Cryptofolio on the “Settings” tab. Here, there are various additional functions such as correspondence exchange list, folder function, widget setting, data synchronization, etc.
Also, inquiries can be made from the setting screen, so you can send things or requests you can not understand from here.
The function of Cryptofolio is very abundant, and there are still many functions which are not introduced in this article. Why not introduce Cryptofolio at this opportunity by those who did not care about cryptocurrency asset management so far?
Let’s meet again next time.
Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/how-to-use-cryptofolio/
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