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When Bitcoin was created in 2009, there was little interest from investors, but with the advancement of the crypto market and the increase in Bitcoin prices, the earning potential of the cryptocurrency was verified.
Currently cryptocurrencies are just one of the types of crypto assets, the emergence of the Ethereum network has brought new possibilities to the market. These possibilities, which have been explored within the various blockchains.
With the rapid evolution and creation of new assets, it was necessary to create tools capable of managing portfolios. Out of necessity, cryptographic asset management emerged.
What is Cryptographic Asset Management?
Cryptographic asset management is the practice of buying and selling digital assets to be used as investments, while analyzing the general growth of value for the elaboration of the best portfolio, always aiming at the best possible results.
This practice is not new, it was already used to manage portfolios with traditional investments, the difference is to use it to manage portfolios of cryptoassets.
Managing crypto assets only became a necessity after cryptocurrencies, and so many other digital assets, linked to blockchains, caught the attention of many investors.
What are the purpose of cryptographic asset management?
Technology evolves to make processes even easier. To acquire cryptocurrencies, all you need to do is have a stock exchange account and a digital wallet. Such ease makes management essential for controlling investments.
This need has caught the attention of many companies that have been working on the development of asset management applications and services. Asset management platforms aim to simplify processes by unifying user information in a single place.
Imagine an investor who has multiple accounts and portfolios on different exchanges, he would have to perform a real juggling act to maintain his portfolio, but the management tools help users to consolidate their various holdings by providing enhanced portfolio management tools.
Most of the developed platforms provide robotic advisors capable of helping to create portfolios, based on your investment objectives, in addition to checking asset growth numbers, developing performance graphs and even helping the user to identify new business opportunities.
For investors who prefer to maintain full control over the management of their investments, the platforms also allow this, just identify which application meets your needs and goals, as well as the features you want to use.
Managing a diversified portfolio of digital assets can be a big challenge, even for experienced investors, which is why cryptographic asset management applications are gaining more and more space in the market.
They are able to perform simultaneous tracking of all user investments, facilitating decision making. In a market that does not sleep and everything can change in an instant, these tools promise to become increasingly present in the lives of investors.