BitcoinBullion (OP)
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November 07, 2015, 04:10:41 AM |
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IS there a best way to do this? Will Coinbase and Circle keep logs of all my buys in case I lose track?
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achow101
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November 07, 2015, 04:25:09 AM |
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Every exchange that I know of will give you the option to view all of your transaction history. This includes buys, sells, deposits, and withdrawals. I think most of them also allow you export the history to a file. You can also create a spreadsheet to track your buys and sells by hand.
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Possum577
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November 07, 2015, 05:24:41 AM |
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Blockchain is a great way to see your activity for a single wallet on chart format. IF you want to track and manage your profit/loss or cost basis I'd do this: - Track quantity of purchase in BTC
- Track date at time of purchase
Use Excel or some other spreadsheet software to (Google Sheets, etc) to track your transactions and you can use the date at time to reference your fiat to BTC conversion rate. Build in some formulas and the real time gain/loss will be fairly easy.
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tokeweed
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Life, Love and Laughter...
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November 07, 2015, 05:29:03 AM |
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Blockchain is a great way to see your activity for a single wallet on chart format. IF you want to track and manage your profit/loss or cost basis I'd do this: - Track quantity of purchase in BTC
- Track date at time of purchase
Use Excel or some other spreadsheet software to (Google Sheets, etc) to track your transactions and you can use the date at time to reference your fiat to BTC conversion rate. Build in some formulas and the real time gain/loss will be fairly easy.This.
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ObscureBean
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November 07, 2015, 05:47:56 AM |
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In theory you should be able to access to your entire transaction history anytime you want and I believe most Bitcoin exchanges have this enabled by default. I must say however that I am a little surprised that Bittrex (even though it's an altcoin exhange) doesn't seem to keep a record of past orders. The deposit/withdrawal history seems fine but I couldn't find any of the fulfilled orders I placed a year ago. If there is a way to access those it's certainly not obvious.
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Arcteryx
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November 07, 2015, 05:59:44 AM |
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Coinbase is the best in my opinion. They even provide a mobile app that acts in-sync with your desktop. Great service no matter what people say about them. Have been with them from the start. They were even giving away free bitcoin when you refer and get them to deposit $100, you got $70 worth of bitcoin. That was last month for a short time. Now it is lowered $10 I believe.
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BitcoinBullion (OP)
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November 07, 2015, 06:06:13 AM |
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Coinbase has really weak limits. I verified cc/id/bank and can only do $200 a day and they make me wait 5 days to receive my BTC.
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kpitti
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November 07, 2015, 06:15:42 AM |
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Every exchange I know is showing transaction history. I am using Excel to keep all together. I have records of date, exch. rate, sum and balance.
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Kprawn
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November 07, 2015, 06:16:48 AM |
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Would you really want them to track your spending habits... that is the real question, you should have asked. I will rather keep my own records. Just do a screen print of all weekly transactions you made and print them out and make notes for the bigger sales or things you bought. Keep it offline in a flip file. This kind of information is sensitive and not supposed to be stored on a central location, with someone you do not know. You should value your financial privacy.
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Furio
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BTC | LTC | XLM | VEN | ARDR
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November 07, 2015, 06:24:27 AM |
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I dont, because if I did, I would have quit by now I'm in it for the concept, not the money
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lihuajkl
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November 07, 2015, 06:32:16 AM |
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I normally keep a notes and write down all the logs of buys and sells, and calculate all of the profits and loss instantly due to that I am using different exchange for trading. I cannot rely on one exchange's record.
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RustyNomad
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November 07, 2015, 06:32:21 AM |
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Not sure whether you want to track all your buys/sells for tax purposes or just for personal record keeping. If for tax purposes then you might want to go look at the following site https://www.bitcoinfasttax.com/calculator.htmlThere is also https://coyno.com/ which is still in beta but that works quite well. On this site you can enter your xpub key for each wallet and also directly link your Coinbase account. It will give you a detailed look at all your transactions and also show the split of your coins over several wallets etc..
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Mickeyb
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November 07, 2015, 10:06:01 AM |
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Coinbase has really weak limits. I verified cc/id/bank and can only do $200 a day and they make me wait 5 days to receive my BTC.
I am pretty sure that they will raise these limits. When I first registered, my limits were 40 euros a day. About 2 weeks later, they have raised them to 500. Shoot them an email and ask them about, they will explain you everything about the limits.
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erikalui
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November 07, 2015, 10:22:21 AM |
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Except doing it manually, there wouldn't be any other better way to manage your trades (if you are using more than one website for trading) while if you are using a trading websites like ecoin.eu or any exchange website, you can sell your latest trades/transactions and then calculate your profit/loss based on the data.
Edit: As someone already suggested using excel, that would be the best option.
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maokoto
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November 07, 2015, 11:59:38 PM |
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I use an excell sheet in which I copy the data from the exchanges. Then the excell tells me what is my average btc buying price, which comes handy to know at how much I need to buy or sell, and how I am really doing.
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GermanFoobla
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November 08, 2015, 02:28:48 AM |
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I use an excell sheet in which I copy the data from the exchanges. Then the excell tells me what is my average btc buying price, which comes handy to know at how much I need to buy or sell, and how I am really doing.
Excel with some handy formula's is the best way to do it. I would not trust a third party with my information of my holdings.
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Amph
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November 08, 2015, 08:06:26 AM |
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i use the movements displayed in the exchange, but i keep a copy of it with a simple screen, just in case they want to play the dirty game "it was too old we removed it"
this can be useful if you need to decalre your income
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SebastianJu
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November 30, 2015, 11:35:57 PM |
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IS there a best way to do this? Will Coinbase and Circle keep logs of all my buys in case I lose track?
Normally exchanges do that though it would be all for waste when you don't download it. Since it can happen quite easily that the exchange dies and vanishes. Then your trading details are gone.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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avw1982
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December 01, 2015, 05:23:24 AM |
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I use an excell sheet in which I copy the data from the exchanges. Then the excell tells me what is my average btc buying price, which comes handy to know at how much I need to buy or sell, and how I am really doing.
Same I am maintaining dude. I use track transaction history from online wallet and I have excel spreadsheet to save my all Bitcoin details. And I feel this way maintenance will increase our quality of knowledge bitcoin and do make quality in bitcoin works
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