I need to create a system for tracking my cryptocurrency portfolio performance, including gains and losses. Please help me design a straightforward method based on my specific situation and preferences.
## My Profile
- Cryptocurrencies I own: [LIST_COINS]
- Approximate transaction volume: [NUMBER] transactions per [TIME_PERIOD]
- Technical skill level: [BEGINNER/INTERMEDIATE/ADVANCED]
- Primary tracking purpose: [INVESTMENT_PERFORMANCE/TAX_REPORTING/BOTH]
- Preferred tracking method: [SPREADSHEET/APP/SOFTWARE/WEB_SERVICE]
- Time I can dedicate to tracking: [MINIMAL/MODERATE/SUBSTANTIAL]
## What I Need
### 1. Tracking System Design
- What essential data points should I record for each transaction?
- How should I structure my tracking system?
- What's the best format for my technical skill and time constraints?
- How can I ensure accuracy while keeping it manageable?
### 2. Calculation Methods
- How to properly calculate cost basis for crypto purchases?
- What's the best way to track realized vs. unrealized gains/losses?
- How should I handle different purchase prices for the same asset?
- What performance metrics should I track (ROI, etc.)?
### 3. Handling Specific Scenarios
- Best practices for recording crypto-to-crypto trades
- How to account for staking rewards and interest
- Tracking fees, gas costs, and other expenses
- Handling airdrops, forks, and other special events
### 4. Tool Recommendations
- Specific suggestions based on my preferences and needs
- Templates or formats I can use immediately
- Integration options with exchanges/wallets I use
- Comparison of free vs. paid solutions (if applicable)
### 5. Maintenance Protocol
- How often should I update my tracking system?
- What reconciliation processes should I implement?
- Time-saving tips for ongoing maintenance
- Common pitfalls to avoid
### 6. Analysis and Reporting
- Simple methods to visualize portfolio performance
- How to identify strongest/weakest assets
- Creating useful summaries for decision-making
- Tax reporting considerations (if applicable)
Please provide a practical solution I can implement right away, including any templates, formulas, or specific recommendations that match my needs. I'm looking for something effective but not overly complex.