Track your altcoin/BTC investment portfolio with Google Spreadsheets
Investments in crypto-currencies are among one of the most interesting findings for me this year (2017). I decided to give them a try just a few months ago, see: First Investment In Crypto Currencies - Bought 0.2 ETH for EUR 50
For support please visit the Terramatris website: Custom Google Spreadsheet Development for Crypto Currency Portfolio Tracking
Soon I decided to use dollar cost averaging to acquire four different crypto-currencies once a month, no matter the price. I've been investing in cryptos for about 3 months now, and I can tell you for sure, investments here are like a roller coaster, my crypto portfolio has lost in some periods more than -50%, and in some periods it has grown in value by +50%. Right now (as of writing this, it says +7% growth.). Dollar-cost averaging helps a lot.
For tracking long-term investments in crypto I've developed a simple crypto-currency tracking Google Spreadsheet, you can read more about it and get a free download here: How To Track Your CryptoCurrencies Portfolio Automatically Using Google Spreadsheets
Now, it was about a month ago, I decided to try day-trading / swing-trading altcoins for a profit. See: Starting To Learn Crypto Currency Day Trading With EUR 25
Google Spreadsheet for BTC/Altcoin portfolio
Honestly, speaking I'm not very good at day trading, but I have found swing-trading works much better for me. When trading bitcoin versus altcoins it might be a little bit complicated to track your portfolio changes as here we are not using fiat currency anymore. It's just BTC against other altcoins.
To make it easier to track changes in the altcoin portfolio, I created a new Google Spreadsheet, which I'm sharing with you guys. The spreadsheet does basically the following - tracks percentage change both in fiat and BTC values on a monthly basis. Most values should be entered here manually (once a month).
It might be tricky at the start to set up your custom Spreadsheet, but once you are familiar with basic stuff it shouldn't be so tricky after all, for each new month just drag and drop values from the previous month and make some adjustments.
Google Spreadsheet for tracking altcoin portfolio on a monthly basis
Few things to explain here - to get the bitcoin exchange rates to USD and EUR I'm using GoogleFinance and IMPORTXML functions, detailed description of how to use them see in this article: How To Track Your CryptoCurrencies Portfolio Automatically Using Google Spreadsheets
At the start of each month, I invest (convert) an additional EUR 25 (Column B), to purchase BTC from coinbase.com, send it to Poloniex.com exchange and start swing trading. I write down how much BTC I have bought in a separate sheet (just for tracking purposes). In column C - enter the total BTC amount.
- Column D (BTC/EUR exchange rate) manually enter a value from C2. If you prefer USD currency just change the EUR field to USD and enter BTC/USD exchange rates from B2.
- Column E - manually enter a value of how much bitcoin you have invested in total.
- Column F - the value of how much in total invested EUR (take value from a previous month + newly added money)
- Columns G/H - Manually enter a value at the end of the month in BTC and EUR
- Columns I/J - Total Growth from the start BTC/EUR
- Columns K/L - Month-to-date Growth BTC/EUR
- Columns M/N - Month-to-date profit BTC/EUR
- Columns O/P - Currently invested BTC value in altcoins
- Columns Q/R - Month-to-date growth (Total invested at the end of months minus value at the start of the month)
Download a free working copy here (open -> save as a copy).
For support please visit the Terramatris website: Custom Google Spreadsheet Development for Crypto Currency Portfolio Tracking
