crypto for all
A
A

Crypto: Here's how to create your own wallet tracking tool in Excel!

Mon 07 Aug 2023 ▪ 3 min of reading ▪ by Luc Jose A.
Getting informed Payment

To thrive in the financial markets, investors need to make good analyses, keep abreast of price movements and monitor their portfolios. To achieve this, they can turn to applications, but these are not always reliable and may not be tailored to the specific needs of each investor. One of the best solutions is to create your own wallet-tracking tool, and Microsoft Excel makes this task easy.

Crypto coins and an Excel pictogram

How to import stock market and crypto data into Excel

To maximize crypto profits, it’s essential to analyze market fluctuations and make judicious use of this data. To retrieve stock market price data in Excel, first create a worksheet and label it “Stocks”. Cell A1 will be dedicated to the investor’s stocks and related data. Then click on “Data”, highlight the data row and select “Stocks”.

The last step is to click on “Insert data”, then select the parameters for which you wish to obtain information. These may be price, market capitalization or ticker. New sections then appear for each parameter, and fill in automatically.

The process for importing data into the crypto market is just as straightforward. The investor must use Excel’s “Data from the Web” functionality and must connect to CoinGecko’s cryptocurrency API endpoint.

Guide to designing a tracker for your wallet

You can also create a wallet tracker in Excel. It will enable you to keep an eye on your profits and losses. You can use the ”VLOOKUP” formula to design your performance tracker and customize it according to your needs and preferences.

Make sure you set up the graphical visualizations correctly for a smooth and enjoyable experience. To achieve this, simply select the appropriate cells, click on the “Insert” tab, then choose the “Recommended graphics” option.

Congratulations! You’ve taken a giant step towards cryptocurrency success by creating your own Excel-based portfolio tracking tool. Don’t forget to secure your cryptos to keep them safe from hacker attacks and make your adventure on the financial markets a beautiful one.

Maximize your Cointribune experience with our 'Read to Earn' program! Earn points for each article you read and gain access to exclusive rewards. Sign up now and start accruing benefits.


Click here to join 'Read to Earn' and turn your passion for crypto into rewards!
A
A
Luc Jose A. avatar
Luc Jose A.

Graduated from Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I committed to raising awareness and informing the general public about this ever-evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. Every day, I strive to provide an objective analysis of the news, decipher market trends, relay the latest technological innovations, and put the economic and societal issues of this ongoing revolution into perspective.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.