OptimCoins Australia: How Frequent Trading Costs Can Affect Portfolio Performance

OptimCoins Australia: How Frequent Trading Costs Can Affect Portfolio Performance Frequent cryptocurrency trading can increase transaction costs and reduce the amount of any trading gains an investor retains. A small fee on an individual order may appear insignificant. However, repeated purchases, sales and conversions can create a meaningful total cost over a month or year. […]

OptimCoins: Understanding Realised and Unrealised Gains in Cryptocurrency

OptimCoins: Understanding Realised and Unrealised Gains in Cryptocurrency Understanding realised and unrealised gains in cryptocurrency helps investors distinguish changes in the value of assets they still hold from results arising when assets are sold or exchanged. A portfolio may display a positive balance movement without the investor having completed a profitable sale. Equally, an investor […]

Crypto Portfolio Management: An OptimCoins Guide to Tracking Cost Basis and Performance

Crypto Portfolio Management: An OptimCoins Guide to Tracking Cost Basis and Performance Crypto portfolio management involves more than checking whether the account balance has increased. Deposits, withdrawals, purchases, sales and fees can change the figures displayed without showing how the investments themselves have performed. An investor might add A$1,000 to an account and see its […]