This article is designed to explain what is the structure of the portfolio balance chart and how it can be used as a value tracker for your investment strategy. The main idea of balance chart is to present organized and effective asset allocation in the form of pie chart based on the value of specific exchange or coin contribution in your crypto-portfolio. This will provide you with a room to re-balance your entire portfolio for more efficient gains, and gives you a general overview where most of your funds are placed.
We will cover the basic navigation and explore what features are available on the balance chart window.
If you have two or more exchanges linked to your Bitsgap account, then the balance chart takes the data based on exchanges value. This option is enabled by default and can be changed at any time. The following example of balance chart shows the ratio of value provided per exchange under your account, so you always know where most of your funds are allocated.
The top section of you balance chart shows the result of fund movements and realized profit. This is a quick overview of your current performance for any selected period or exchange. The data is collected from exchanges taken into account initial deposit, trades performance and final balance. Please find list of keywords and definitions below.
- Holdings - a collection of digital assets which make up the user portfolio where the total value is converted to USD, or chosen currency.
- Change 7d - the percentage and true change in portfolio value (of selected currency) for the past seven days.
- Original cost - the total cost of the capital associated with a purchase of digital assets.
- Realized P/L - the profit converted to the selected currency that comes from completed trades.
You can switch your balance chart view to a coin. To do so, you need to click Coin in Sort by section. There is no need to reload the entire page because the visual changes take place in no time.
When sort by view changed to a Coin, your portfolio the ratio value of your coins will be adapted on the balance chart. This way you can see how diversified your portfolio is and where most of the income is coming from. This information can be used to rebalance your entire portfolio if you decide to have more or less diversified collection.
By default, your portfolio view is set to show the data for all your exchanges. If you need to monitor particular exchange and its balance chart, you can do it by selecting that exchange in the menu on top of your portfolio graph. This will apply settings to display all trading data, holdings and balances for the entire portfolio page.