As far as am concerned, at some point, cryptocurrency trading or investing can become hectic especially if you have got yourself different altcoins. The problems with the wide variety come when it need centralization to have an accessible overview of the investments.
Initially, excel sheets may work, but along the way monitoring the performance of the crypto, the portfolio would become tiresome. Considering the entries, you would need to go through its probably evident that the task is more of manual. The Cryptosheet solution develops an excel-like innovation that helps seasoned and full-time crypto investors to trade and analyzes their portfolios expertly.
What is Cryptosheet?
Cryptosheet is a cryptocurrency portfolio tracking service that is designed to automate and simplify the essential process of monitoring, analyzing and investing for the crypto financiers. The Cryptosheet services come in the form of a downloadable spreadsheet that comes with preprogrammed functionalities to enable secure and accurate analysis of the investor's portfolio. The advanced worksheet is carefully designed to allow beginners to understand the use of a spreadsheet to monitor crypto investments.
Functionalities Cryptosheet Offers
The spreadsheet works to retrieve the cryptos’ current prices, their data and other market values.
The feature enables for easy conversion of the different crypto models and fiat currencies.
Bank Transfer Option
The sheet option accounts for all the money the investor has in the portfolio, and the withdrawal history. That is plus an accurate gain and loss figure available to check on performance.
Keeps an eye on potential cryptocurrencies, not in your portfolio but show interest for investment.
Apart from the simple input of buy and sell, Cryptosheet also offers input settings for mining rewards, staking benefits and any other deposit or deduction quantities.
The coin price data uses a manual and automatic option to refresh the data every 5 minutes.
Displaying the price data in the portfolio is through different national currencies such as USD, EUR, CAD, NZD, GPB, and AUD.
Cryptosheet Crypto Portfolio Tracking Spreadsheet Use Cases
Cryptosheet allows crypto portfolio owners to handle their conversion easily from fiat to virtual currencies.
Cryptosheet's innovative interface puts a simple user guide on exactly how they can input their crypto transaction and get easy-to-follow instructions.
Cryptosheet's purpose is to present an intuitive and advanced interface that allows for organized tracking and monitoring of cryptocurrency investments. The tools are arranged to provide research on future investments through complex analysis.
The inclusion of live price updates into the spreadsheet allows for detailed minute-to-minute analysis of the coin data and price.
Calculate Key Figures
Aside from calculating the profits and conversion rates, the Cryptosheet option gives room to calculate values such as average price, totals, percentage changes and invested amounts.
For now, the Cryptosheet solution seems like an exciting option on the cheap-end of paid crypto tracking solutions. Apparent testimonials from user-clients indicate that the innovation seems to be working great for them.
Still, there is no guarantee that using the app could mean better investments. But overall the Cryptosheet solution could help you actively monitor your portfolio and make the right decisions on the future of the crypto investments. That is if you can meet the price of $10 for access.