How can I track my cryptocurrency investments using a free checkbook ledger?

3 answers

• Mar 20, 2022 · 3 years ago
  One option you can consider is using a spreadsheet program like Microsoft Excel or Google Sheets to create a checkbook ledger for your cryptocurrency investments. You can create columns for the date, transaction type (buy/sell), cryptocurrency name, quantity, price, and total value. This will allow you to easily track your investments and calculate your gains or losses. Additionally, you can use formulas to automatically update the total value based on the current prices of the cryptocurrencies you own.
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• Mar 20, 2022 · 3 years ago
  Another option is to use a dedicated cryptocurrency portfolio tracking app or website. There are several free options available that allow you to input your transactions and holdings, and they will automatically calculate your gains or losses. Some popular choices include CoinTracking, Blockfolio, and Delta. These platforms often provide additional features such as price alerts and portfolio performance analysis.
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• Mar 20, 2022 · 3 years ago
  If you're looking for a more advanced solution, you can consider using a cryptocurrency tax software. These platforms not only help you track your investments but also generate tax reports based on your transactions. They can automatically import your transactions from exchanges and wallets, calculate your gains or losses, and generate the necessary tax documents. Some popular options include CoinTracker and CryptoTrader.Tax. However, keep in mind that these platforms may have a cost associated with them.
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