Did your crypto portfolio outperform HODLing just Bitcoin or Ethereum?

Back in December 2013, after watching the price of Bitcoin tumble from $1,200 to $500 in 2 weeks, Bitcointalk user GameKyuubi famously went on a drunken, self-deprecating rant, admitting that he was a bad crypto trader.

In his now infamous post GameKyuubi misspelled “HOLD” for “HODL” but was too drunk to correct his mistake.

Since his rant, the word HODL has become a crypto rallying cry to hold with diamond hands through market volatility and invest using a cautious dollar cost averaging approach.

But is HODLing truly the righteous path to crypto trading lambo-land?

Depending on who you ask, you might hear that the quickest way to leave orbit involves flipping your BTC into the next Dogecoin pump, riding the profits through Solana summer, or using your coin to go all-in on the next Parachain Slot Auction.

Thankfully, you can now settle the HODL vs trade debate for yourself with the new Profit /Loss Cumulative ROR module in Cryptowatch Portfolio. Quickly compare your trading returns to what you would have earned had you just held BTC or ETH. 

Introducing our New Portfolio Cumulative ROR Module

Our new tool works by analyzing your Kraken and Coinbase trading performance against a theoretical portfolio made up of just BTC or ETH. 

You’ll find the module on your Portfolio Holdings page. Reorder it on the page around your Holdings Allocation (heatmaps) and Composition & Performance modules using the section selection menu.

Note: This feature will only be available for Cryptowatch account holders that have exchange API keys connected for Kraken & Coinbase Pro (click on links for guides to connect API keys). 

The new Cumulative ROR (rate of return) module takes out deposit and withdrawal activity to form an accurate view of the impact of your trading activity on your portfolio size (blue line), then compares your performance to buying and holding just BTC or ETH (orange line). 

In addition to selecting different time-frames – between 1 year and 24 hours – traders can also scroll over the chart to see granular percentage (%) or dollar ($) returns. Below the main chart, traders can see a histogram of profit or loss corresponding to each period.

Coming soon to your Cryptowatch portfolio view will be the option to add crypto assets manually and track performance against more comparison benchmarks including traditional ones such as Gold and the S&P

Have feedback on our Portfolio tools or ideas on what indices we should add next? Tag us @Cryptowat_ch on twitter and let us know.

Happy Trading,

The Cryptowatch Team

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