PaperHands

PaperHands is a specialized crypto portfolio tracker that focuses exclusively on risk management. It analyzes your cryptocurrency investments, evaluating the risk levels of individual assets, blockchains, and storage methods to provide a comprehensive risk audit. The tool monitors your portfolio in real-time, tracking how its health changes over time and providing the most current risk assessment available.

What sets PaperHands apart is its ongoing monitoring and alert system. Unlike basic portfolio trackers, it doesn't stop at the initial audit. The platform maintains a growing database of over 2100 assets and 37 storage methods, with a team and automated systems tracking new developments that could affect risk levels daily. When an asset's risk increases, PaperHands proactively emails you with context about the change and specific recommendations to improve your portfolio's safety.

This tool is particularly valuable for casual crypto traders and investors who want to understand the implications behind their investments without becoming full-time risk analysts. It helps users identify potential problems before they become crises, explains why specific assets or storage methods are risky, and provides benchmarks to compare your risk distribution against recommended practices. For anyone concerned about crypto market volatility and exchange failures, PaperHands offers practical, ongoing risk management.