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

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.

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.