How often should I review my Coinbase portfolio balance?

3 answers

• namjoonieJul 21, 2021 · 4 years ago
  As a general rule, it's recommended to review your Coinbase portfolio balance at least once a week. This allows you to stay updated on the performance of your investments and make any necessary adjustments. However, if you're actively trading or have a significant amount of funds invested, you may want to check it more frequently, such as daily or every few days. Remember, the cryptocurrency market can be volatile, so staying informed is crucial to managing your portfolio effectively.
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• NikolaSep 20, 2023 · 2 years ago
  You should review your Coinbase portfolio balance regularly to ensure that your investments are on track. While there is no set frequency that works for everyone, a good rule of thumb is to check it at least once a month. This allows you to monitor any significant changes and make informed decisions about your investments. However, if you're actively trading or have a high-risk tolerance, you may want to check it more frequently, such as once a week or even daily. Ultimately, the frequency of review depends on your individual investment strategy and goals.
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• Ajay DecoresSep 02, 2022 · 3 years ago
  At BYDFi, we recommend reviewing your Coinbase portfolio balance on a monthly basis. This allows you to track the performance of your investments and make any necessary adjustments. However, if you're actively trading or have a large portfolio, you may want to review it more frequently, such as weekly or even daily. It's important to find a balance that works for you and aligns with your investment goals. Remember, the key is to stay informed and make decisions based on the current market conditions.
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