What are some recommended formulas and functions to use in a crypto trading spreadsheet?
bigBullDec 27, 2021 · 3 years ago1 answers
I'm looking for some recommended formulas and functions that I can use in a crypto trading spreadsheet. Can you provide me with some suggestions on what formulas and functions I should consider using to analyze and track my crypto trades?
1 answers
- Dec 27, 2021 · 3 years agoAt BYDFi, we recommend using a combination of formulas and functions in your crypto trading spreadsheet to get a comprehensive view of your trades. Some of the formulas we find useful include the profit/loss formula to calculate your gains or losses, the compound annual growth rate (CAGR) formula to measure your overall performance, and the standard deviation formula to assess the volatility of your portfolio. Additionally, functions like CONCATENATE can be used to combine data from different cells, and INDEX/MATCH can be used to retrieve specific information based on certain criteria. Remember, the key is to tailor your formulas and functions to your trading strategy and goals. Happy trading!
Related Tags
Hot Questions
- 95
How can I protect my digital assets from hackers?
- 91
What are the advantages of using cryptocurrency for online transactions?
- 80
Are there any special tax rules for crypto investors?
- 59
What are the tax implications of using cryptocurrency?
- 54
How can I minimize my tax liability when dealing with cryptocurrencies?
- 50
How does cryptocurrency affect my tax return?
- 48
What is the future of blockchain technology?
- 37
How can I buy Bitcoin with a credit card?