cryptocurrency forum

Intermediate Guide Bookkeeping on Poloniex & Bittrex

Discussion in 'Intermediate Level' started by IQover9000, Jun 25, 2017.

  1. IQover9000

    IQover9000 Scholar Premium Member

    Messages:
    131
    Likes Received:
    70
    Trophy Points:
    118
    Credits
    8%
    All traders should keep a log of their buy/sells with notes for each.

    I have created a simple excel spreadsheet that can be used to document your trades.
    I have also created some quick calculators to estimate profits or losses before you decide to make your trades.

    Blockfolio is a mobile app that can be used to view an estimate of your holdings.
    However, the exchanges are not always accurate, and buy/sell fees are not included.

    A spreadsheet for Coinbase is available in the Beginner's Bootcamp section.

    Let me know what you guys think!

    Updated with Preview Images:
    upload_2017-6-27_23-7-30.png
    upload_2017-6-27_23-7-48.png
     

    Attached Files:

    Last edited: Jun 27, 2017
    tplmika and KarenC like this.
  2. xyzzy

    xyzzy Master of None Staff Member Super Admin

    Messages:
    451
    Likes Received:
    205
    Trophy Points:
    133
    Credits
    88%
    Great spreadsheet, great resource. You are a model MOC member, Sam! Always providing value to your fellow cryptonites.

    On the note about logging buys/sells, it's a shame that the current exchanges don't do a better job tracking your assets. The fact that we need to create our own excel spreadsheets to see how much we are gaining/losing says something about the information provided by current crypto exchanges.

    That being said, this is a really nicely designed document. I might abandon my own spreadsheet in favor of this one...
     
    IQover9000 likes this.
  3. DavidCoins

    DavidCoins Contributor

    Messages:
    79
    Likes Received:
    32
    Trophy Points:
    18
    Credits
    77%
    Thanks man, could you show a screenshot of your document if you don't mind? I always check the preview before downloading any excel files.
     
    xyzzy likes this.
  4. IQover9000

    IQover9000 Scholar Premium Member

    Messages:
    131
    Likes Received:
    70
    Trophy Points:
    118
    Credits
    8%
    Thanks for the kind words.
    Is that what we are calling everyone now? Cryptonites? I like it.
    Let me know how the spreadsheet works out for you.
    Always looking to make it simpler and more user-friendly.
     
    xyzzy likes this.
  5. IQover9000

    IQover9000 Scholar Premium Member

    Messages:
    131
    Likes Received:
    70
    Trophy Points:
    118
    Credits
    8%
    Preview images have been uploaded. :D
     
  6. KarenC

    KarenC Contributor

    Messages:
    20
    Likes Received:
    7
    Trophy Points:
    8
    Credits
    11%
    Thank you so much! I was in need of something like this. You're awesome, Sam!
     
  7. cryptodude

    cryptodude Master of Crypto Staff Member Super Admin Premium Member

    Messages:
    17,079
    Likes Received:
    66
    Trophy Points:
    19,128
    Credits
    100%
    Great resource, this should help beginners and crypto masters alike.
     
  8. IQover9000

    IQover9000 Scholar Premium Member

    Messages:
    131
    Likes Received:
    70
    Trophy Points:
    118
    Credits
    8%
    Updated the spreadsheet because of a few errors.
    Let me know if you guys find anything wrong with it.
     

Share This Page