How can I use budgeting software to track my cryptocurrency portfolio?

3 answers

• Dec 24, 2021 · 3 years ago
  One popular option for tracking your cryptocurrency portfolio using budgeting software is to use a tool like CoinTracking. CoinTracking allows you to import your transactions from various exchanges and wallets, and provides you with detailed reports and analytics to help you keep track of your investments. It also offers features like tax reporting and portfolio performance analysis. To get started, you can sign up for an account on their website and follow the instructions to connect your exchanges and wallets. Once connected, CoinTracking will automatically import your transactions and generate reports for you to analyze.
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• Dec 24, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can use a spreadsheet software like Microsoft Excel or Google Sheets to manually track your cryptocurrency portfolio. Create a spreadsheet with columns for the date, transaction type, cryptocurrency, quantity, and price. Whenever you make a transaction, enter the details into the spreadsheet. You can then use formulas and functions to calculate your portfolio value, gains/losses, and other metrics. This method requires more manual work, but it gives you full control over your data and allows for customization to fit your specific needs.
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• Dec 24, 2021 · 3 years ago
  Another option for tracking your cryptocurrency portfolio is to use a dedicated portfolio tracking app like Delta or Blockfolio. These apps allow you to manually enter your transactions or connect your exchanges and wallets to automatically import your data. They provide real-time price updates, portfolio value calculations, and customizable alerts. Additionally, they offer features like performance analysis, news aggregation, and community forums. Simply download the app from your app store, create an account, and follow the instructions to set up your portfolio.
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