What Is a Watchlist?
A watchlist in crypto is a list of cryptocurrencies or tokens that a user is interested in tracking.
It allows users to quickly view the latest prices and market movements of coins they are interested in.
Users can also add specific coins to their watchlists to receive notifications whenever there is any activity on the coin.
What Are the Types of Crypto Watchlists?
- Portfolio Watchlists: A portfolio watchlist is a list of all the cryptocurrencies a user holds in their portfolio. It allows users to easily track the performance of their coins and any changes in their portfolio value.
- Market Watchlists: A market watchlist allows users to track the performance of all the major coins in the market. Traders often use this watchlist to keep an eye on the prices of different coins and the overall market sentiment.
- Interest Watchlists: Interest watchlists are lists of coins and tokens that a user is potentially interested in. These watchlists allow users to keep an eye on the latest news and updates related to the coin and track the performance and prices.
When to Use Crypto Watchlists?
Crypto watchlists are helpful for both traders and investors.
Traders can use watchlists to monitor the performance of different coins in the market.
In contrast, investors can use them to track their portfolio value and stay updated with the latest news about the coins they are interested in.
Watchlists are also helpful for users interested in tracking certain coins’ prices and market movements.