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How can I track my earnings from cryptocurrency investments?

avatarAndy AndyJan 07, 2022 · 3 years ago3 answers

I have been investing in cryptocurrencies and I want to keep track of my earnings. What are some ways I can effectively track my earnings from cryptocurrency investments?

How can I track my earnings from cryptocurrency investments?

3 answers

  • avatarJan 07, 2022 · 3 years ago
    One way to track your earnings from cryptocurrency investments is to use a portfolio tracker. There are many portfolio tracking apps and websites available that allow you to input your transactions and holdings, and they will calculate your earnings for you. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. These trackers often provide real-time price updates and can generate reports and charts to help you analyze your earnings. Make sure to choose a portfolio tracker that supports the cryptocurrencies you have invested in.
  • avatarJan 07, 2022 · 3 years ago
    Another option is to manually track your earnings using a spreadsheet. Create a spreadsheet and record all your cryptocurrency transactions, including the date, type of transaction, amount, and price. Use formulas to calculate the value of your holdings and the earnings from each transaction. This method requires more effort and time, but it gives you more control and flexibility in tracking your earnings. You can also customize the spreadsheet to include additional metrics and analysis tools.
  • avatarJan 07, 2022 · 3 years ago
    BYDFi is a cryptocurrency exchange that offers a built-in earnings tracking feature. With BYDFi, you can easily track your earnings from your cryptocurrency investments within the platform. The earnings tracking feature provides real-time updates on your earnings, including profit/loss calculations, transaction history, and performance charts. It simplifies the process of tracking your earnings and allows you to monitor your investments conveniently. However, it's important to note that there are other exchanges and portfolio trackers available that offer similar features, so you can choose the one that best suits your needs.