If anyone has experience manually inputting all of your trades into a portfolio app, you know it's a pain in the ass.
You have to type in the trade price, trading pair, buy/sell price, date of purchase, transaction fees etc.
What if, instead, there was a way to update your portfolio in real time as you trade, saving you minutes to hours a day?
As you trade, buy and sell, it automates all of that manual labor. The more people get into crypto, the more they're going to need an easy way to track
Ideas on how this could work:
- An app or extension that the user allows to access it's trade history through the different exchanges. This might require some form of partnership with the exchanges? Or they could simply export an excel sheet of all your trades, and then upload it into the app.
- This app/company could be its own privacy coin, if the app runs in concert with the exchange you're using, which would ensure the privacy of its users and make sure no one else can access their trade history.
- An AI application that helps you understand your trading, analyzes your decisions, educates you, helps you to visualize through intuitive graphs, and so on.
- Could have an education platform for trading, which would be essential for mass adoption, as more and more people join the space.
This idea hit me a moment ago while shopping around portfolio apps, so it's not entirely fleshed out yet. Plenty of more ideas for where this could go. Hope someone takes this and runs with it.
If I don't know what I'm talking about with this idea, or something like it already exists, then let me know so I don't have to wait!
My introductory post explaining how I'll be giving all my ideas away for free: https://steemit.com/introduceyourself/@caincallen/hey-steemians-inventor-and-ghostwriter-here-sharing-why-i-have-to-give-away-all-my-ideas