Crypto “investing”

Portfolio graph on Coinbase showing one day movement as default period
Default portfolio graph on Coinbase

The portfolio screen in the Coinbase app always opens on the “1 day” view. For all the talk of Crypto as an investment asset class, this one design choice exposes the reality.

Investors don’t look at a one day trend, or intra day lows and highs. Traders do.

As a comparison, I use the Freetrade app for my ISA. That app offers day, week, month, quarter, year and “all” time frames. It remembers which time frame I last selected, and defaults to that on every visit till I change it. Good for investors who can set longer time frames, but also ok for traders who can keep it to a day or a week.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.