Definition of Blockchain(crypto) Dashboard
A blockchain(crypto) dashboard is a digital platform that lives on a website or an app (either desktop or mobile). Its primary function is to track your cryptocurrency accounts and coins and monitor their historical prices and current values so that you can manage both your crypto assets and related financial plans accordingly. The dashboard integrates with cryptocurrency exchanges or trackers like Coingecko through an API or other tool to update your crypto assets in real-time.
Benefits of Blockchain(crypto) Dashboard
Reach Financial Goals More Easily
The ultimate goal for blockchain(crypto) dashboards is to give an overview of all your assets and how they play together.
When you have this information in one place, you can see how your assets and accounts impact your overall financial health and net worth. And this up-to-the-moment financial data is what gives you the insight you need to generate the most accurate reports, forecasts, and plans for moving toward your financial goals.
Gain a More Precise Understanding of the Value of Crypto Assets
The value of cryptocurrency is constantly changing — nights, weekends, and holidays included. That means, the more crypto accounts and coins you add to your portfolio, the harder it can become to keep up with the value of each investment.
A blockchain(crypto) dashboard is essential for data visualization. You can observe changes in your portfolio and understand how much value you have with a glance.
Diversify and Manage Portfolios with Greater Diversification
Portfolio diversification is one of the golden rules of investing. Diversification is the practice of building a balanced portfolio of different asset types so that it has a built-in buffer when unpredictable (but normal) fluctuations impact each different asset class.
When you can understand and manage your different crypto accounts and coins with an effective dashboard, you can diversify your portfolio even further without fear of losing track of its value or impact on your overall net worth and goals.
Better Stay on Top of Investment Opportunities to Increase ROI
A crypto asset bull run is coming. Even in a bear market, there are ups and downs in the value of cryptocurrencies that are occasionally on an upward trajectory. Whether it is continuous or periodic value growth, it is an opportunity that crypto asset investors need to seize in time.
When using a crypto dashboard that accurately displays the value of your assets in real-time, you’ll always have a good idea of your buying power so you can invest as needed when a cutting-edge opportunity becomes available.
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Dashboard with explorer function: https://explorer.blockpower.capital/
Detailed introduction: https://medium.com/@BP_Capital/blockpower-dashboard-beta-introduction-2a377df4e6c8
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