Mastering Cryptocurrency Portfolio Tracking with Excel Tools

While there are several digital tools available for tracking cryptocurrency investments, many lack comprehensive functionality. Surprisingly, Microsoft Excel proves to be an effective alternative for monitoring crypto assets, offering robust portfolio management capabilities.

Excel tools for crypto tracking

Excel provides two primary methods for cryptocurrency portfolio management:

1. The basic GOOGLE FINANCE ("BTC/USD") function for tracking Bitcoin-to-dollar rates
2. The more comprehensive CRYPTOFINANCE add-on with advanced features

CRYPTOFINANCE ADD-ON SETUP Installation is straightforward through the "Add-ons" tab. Simply search for "CRYPTOFINANCE," click "+Free," and authorize API access to begin using its features.

Key functions and capabilities

Market Volume Tracking Use =CRYPTOFINANCE("COINMARKETCAP") for overall market data, or specify individual cryptocurrencies with =CRYPTOFINANCE("COINMARKETCAP"; "XXX").

Price Monitoring Track cryptocurrency rates against fiat currencies using =CRYPTOFINANCE("XXX"/"YYYY"). Additional parameters allow for historical price data and exchange-specific information.

Market Metrics

• Capitalization: =CRYPTOFINANCE("XXX/YYYY"; "market cap")
• Trading Volume: =CRYPTOFINANCE("XXX/YYYY"; "volume")
• Coin Supply: =CRYPTOFINANCE("XXX/YYYY"; "marker") with various supply indicators
• Price Changes: =CRYPTOFINANCE("XXX"; "change"; "TIME") for different timeframes

Additional Features

• Coin Rankings and Names
• Global Market Statistics
• Social Media Monitoring for cryptocurrencies

Advantages

Excel-based portfolio tracking offers enhanced privacy and security by eliminating the need to share data with third-party platforms, making it an ideal solution for serious traders.

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