Do you still use Excel to track this portfolio? If so, How do you track the buy price when you make changes and sell something?
When something gets bought, it gets a credit and BTC a debit. When something gets sold, it gets a debit and BTC a credit. Prices are EOD and updated daily.
BTC and LTC are recovering steadily again so your portfolio is probably heading back towards $90k again, OP?
Until yesterday.
but the damage to the portfolio wasnt as much as I had expected.HR, not sure this question has been asked or answered before, do you only trade on poloniex? Why don't you look on other exchanges, Bittrex as example? Bittrex have more variety and good altcoin than Poloniex
I haven't traded on Poloniex since the delisting scandal back in May. I'm working mainly with Bittrex and BitShares now, but also have accounts with Kraken and Cryptopia.
I'm not much of a trader at all, but I might do some rebalancing from time to time. Fingers crossed!
That makes two of us! Balanced portfolio risk management has really helped me a great deal and hopefully it'll do the same for you.
@everyone, Great to see your interest! But keep in mind that we are at some fairly lofty valuations, especially in BTC, and that well probably see more interesting prices for new positions somewhere down the road. Not a big deal if youve just come from fiat since there are great hedging vehicles like BitUSD, SBD, and USDT in crypto for when the time comes.