How To Make A Cryptocurrency Portfolio Tracker In Excel

Creating your own crypto portfolio tracker is a cheap and comfortable manner to help you keep on top of your cryptocurrency investments. As you may know, once you start holding altcoins in different exchanges it can be exponentially more unmanageable to keep track of your overall portfolio performance. That is precisely why in this article I ’ meter going to teach you how to make your own cryptocurrency portfolio tracker using excel. All methods used in this tutorial are completely exempt.

⭐If you want to learn more about cryptocurrency investing we suggest signing up for a FREE trial on Skillshare’s Online Cryptocurrency Classes

Benefits to making your own cryptocurrency protoflio tracker

  • Track all your crypto investments: Having an excel spreadsheet to track your crypto portfolio centralizes all your investments at one place. This is extremely useful if you hold altcoins in multiple exchanges, ICOS and even crypto in cold wallets.
  • Make your own tailored analysis: Excel is widely known for its ability to conduct financial analysis. This means you can make your own personalized graphs, tables and many more personalized features to track your portfolio.
  • Identify underperfoming cryptocurrencies: Since you have all your crypto tracking at one place, you can quickly identify the investments that are underperforming.
  • Automatically updates and tracks your portfolio: The method we that we’re showing you in this tutorial automatically tacks and updates cryptocurrency prices which allows you to make a live crypto portfolio. This is extremely useful if you like to see a centralized overview of all your entire crypto protfolio.

How To Build A Cryptocurrency Portfolio Tracker In Excel

step 1 : Download cryptosheets addon

Cryptosheets is by far one of the best ways that we have found to import altcoins and the chief cryptocurrency coins in excel. This is because it automatically tracks your crypto and updates their prices accordingly. The most crucial aspect is it allows you to besides track altcoins such as doge coins, crypto coins, you name it. Whereas methods such as web scraping or using Excel ’ s “ stocks button ” may not be as intuitive, as they do not provide all the altcoins. besides, it can be quite cumbersome. If you want to learn more about other alternative methods that you can import cryptocurrency prices in Excel, you can read our other article “ How To Import Cryptocurrency Prices Using Excel “.

To download our add-in you can follow these steps:

  1. Click on Insert header on Excel
  2. Click on Add-ins
  3. Click on Get Add-ins
  4. Search for Cryptosheets
  5. Click on Add
  6. Tick “I agree to all the above terms & conditions”
  7. Click on Continue

step 2 : Create an bill with cryptosheets

once you have successfully downloaded your cryptosheets addon, it should appear as a fresh header on your excel. however, you ’ re not finished yet. One of the requirements is to make an explanation with cryptosheets which is completely free.

Without making an account you won ’ thymine be able to use any of the functions as it will return a suspense error. To make an account, you can follow these steps:

  1. Click on Cryptosheets
  2. Click on Register
  3. Click on Register in the pop up box
  4. Follow the prompts and create your account

step 3 : Import our live cryptocurrency prices

now that we have created and signed into our accounts, we can use all the available functions. To import populate crypto prices in excel we can use the function CS.EXRATE(CRYPTO-TICKER SYMBOL”, “USD”, “Refresh time” ).

basically, you just need to declare the crypto watch symbol then followed by the relevant currency you want to display and the time it refreshes. For model, if I want to display the price of bitcoin in USD and update every second, it would be cs.price(“BTC”, “USD”, “1”). You can learn more from the article “ What ’ s the remainder between CS.EXRATE vs. CS.PRICE vs. CS.PRICEA ? “ .

step 3 : Create our portfolio investment table

A portfolio investing mesa shows the statistics of our portfolio, such as our purchase monetary value, the current prize, how much we invested, total reelect and etc.

As shown in the persona above, in this step we will basically be filling in each header department of our table. Below I have listed each column heading and explained in-depth precisely how I made the formulas. Purchase price: The leverage price is basically the average purchase price of your crypto mint, for case, if you bought 5 bitcoins on average of $ 30,000. You would enter $ 30,000.

Numer of currency held: The number of currency held, is how much currentness of each coin you presently hold. For example, if you have 5 bitcoins purchased an average of $ 30,000, you would enter 5.

Amount invested: The sum invested is basically the entire amounts you invested for each coin, since we already have the number of coins purchased and our average buy price, you can just use the function =Purchase monetary value of coin * Number of currentness held. Market value: The market respect shows the deserving of our stream crypto coin, the formula we can use is =Last Price * Number of currency held. Dollar change: Dollar change is basically how much profit or loss we have occurred since investing in cryptocurrencies, to calculate the dollar change you can use the formula =Market Value – Amount invested. % Gain: The percentage reach shows us how much our crypto portfolio has changed since we started investing, to do this. It is just a simple recipe of =Dollar Change / Amount Invested

Total Initial Investment: The sum initial investing is the sum come you have invested in cash to your cryptocurrency coins, this is just the total entire of your stallion sum invested column which the formula is =sum ( Entire Amount Invested column ) Total Market value: The sum market value shows our stream portfolio worth, this is just the total of our stallion market value column which is =sum ( Entire Market Value Column ). Portfolio gain: To calculate our entire portfolio derive we can use the recipe =Total Market Value – Total Initial Investment. Total % Change: For the total percentage deepen of our entire portfolio it is just the total of money we made divide by our initial investment which is =Portfolio gain/Total Initial Investment .

Step 4: Insert a distribution pie chart

A distribution proto-indo european graph is a graphic representation of the diversity in our portfolio, it helps with providing a immediate ocular of our cryptocurrency holdings and the proportional weight of its deserving compared to the integral portfolio.

To make a distribution pie chart you can barely copy the cryptocurrency watch column and the burden column then to import the proto-indo european graph you follow these steps :

  1. Highlight the entire cell values of the newly generated table
  2. Click on Insert
  3. Click on the Pie chart Icon
  4. Click on a Pie chart

step 5 : Create a Return on investment column Graph

A rejoinder on investment column graph shows our percentage return on investment. This is a great way to show the cryptocurrencies which are making money and others that are dead. To make an investment legal profession graph, it ’ s pretty much the lapp as our pie chart. Where you copy the cryptocurrency ticker symbol and the relative % derive. subsequently, to visualize our data you follow these steps :

  1. Highlight the entire cell values of the newly generated table
  2. Click on Insert
  3. Click on the bar chart icon
  4. Click on a bar chart

spare Excel Cryptocurrency Portfolio Tracker Spreadsheet Download

We have attached a finalize copy of our homemade free-to-use cryptocurrency portfolio tracker spreadsheet which you can download using the clitoris below.

You will need to download the cryptosheets addon. If you have not done so already. If you like our work and would like to support us by learning, then we suggest trying a FREE trial in one of Skillshares Online courses: You can besides download barren cryptocurrency templates on cryptosheets by following these steps :

  1. Click on cryptosheets
  2. Click on Templates
  3. Click on Load Templates

faq

How do I create a crypto spreadsheet in Excel? You can create a crypto spreadsheet in excel using cryptosheets addon, this addon mechanically gets survive prices of cryptocurrencies .How do I import crypto prices into Excel? You can import crypto prices into excel using the cryptosheets addon in excel.

How do you keep track of crypto portfolio? You can keep cut of your cryptocurrency portfolio by making a live tracker using excel spreadsheets with the cryptosheets addon .

Leave a Comment

Your email address will not be published.