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Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 65. (Read 122657 times)

newbie
Activity: 33
Merit: 0
Hi
Could you please remove "deposits/withdrawala" from poloniex export files. Import from polo become a mess.
Regards.
full member
Activity: 294
Merit: 100
finally the created such service. I wish I'd seen your post before. Thank You! will use
epg
member
Activity: 63
Merit: 10
OK, I'll give that a go. Thanks!
sr. member
Activity: 714
Merit: 252
I've been using the 'Bitcoin Address and Wallet Import' area to just dump public addresses for it to import. It works like 90% of the time- the other 10% it seems to just not process the job, so it just sits there doing nothing... forcing me to delete and re-create the job, or in the cases where the public address contains more than 50 transactions, the job just processes the latest 50 and just stops. I end up with partially imported transactions, so I have a blockchain explorer window open side by side to verify the transaction number I'm expecting and compare it directly to how many were imported by CoinTracking.

Has anyone else run into this? Should I just leave the jobs that processed the 50 out of 50+ transactions and it will process the rest? Or is deleting the job (and partially imported transactions) the only way around this?

i remember reading theres a limit to how many transactions it will import per import (bad English ftmfw)

leave the job there and it should get all the transactions over several imports
epg
member
Activity: 63
Merit: 10
I've been using the 'Bitcoin Address and Wallet Import' area to just dump public addresses for it to import. It works like 90% of the time- the other 10% it seems to just not process the job, so it just sits there doing nothing... forcing me to delete and re-create the job, or in the cases where the public address contains more than 50 transactions, the job just processes the latest 50 and just stops. I end up with partially imported transactions, so I have a blockchain explorer window open side by side to verify the transaction number I'm expecting and compare it directly to how many were imported by CoinTracking.

Has anyone else run into this? Should I just leave the jobs that processed the 50 out of 50+ transactions and it will process the rest? Or is deleting the job (and partially imported transactions) the only way around this?
newbie
Activity: 1
Merit: 0
On the tax report, when you choose "Best Prices" for conversion of crypto to crypto transactions, where is cointracking pulling these prices from? Specifically for Ethereum and Bitcoin. Is cointracking using daily averages, highs, lows, or a mix? And is this across all exchanges? I am curios because conceivably, you have a lot of leeway as a filer on what you claim for conversion price on a given trade. With price being so volatile and no unanimously agreed upon index, I bet you could use your particular exchange's highs for purchases and lows for sales in order to minimize gains and the IRS wouldn't catch on. I assume best prices is doing some form of this already, I'd just like to know more specifically where from.
legendary
Activity: 1418
Merit: 1002
any other thoughts on fifo vs. lifo?

I get drastically different taxable amounts between the two.

heres an example.
Say you bought BTC/LTC in 2015 and have been holding.

now you want some BTC for an ICO, but dont want to sell any BTC.

So you sell LTC --> BTC --> ICOcoin. 
You'll be double taxed using fifo, both your LTC gains, and BTC gains from 2015 as base since you used BTC to buy said ICOcoin.

but using lifo, only taxed an LTC gains, since BTC would be minimal if you immediately bought into ICO using proceeds ...

newbie
Activity: 19
Merit: 0
There is a problem with ERC20 (ERC20) and EuropeCoin (ERC).

I have ERC20 in my ETH address but in the dashboard they are value as ERC at $ 0.734838 instead of $ 0.002127.
newbie
Activity: 6
Merit: 0
I am having a problem with VIBE reporting as VIB. This was a binance excel import and I can't find anyway to fix this. I am hodl VIBE but it is reporting VIB current prices and also VIB logo. Please advise how to correct this issue. Thanks.
sr. member
Activity: 390
Merit: 251
Mamihlapinatapai
Is it possible to refresh all my tasks at once? It is annoying that every time i want to refresh data i should go Enter coin - Exchange API import - Choose exchange - press Check. It is so simple to create one button "Check all", why i can't find this magic button?  Huh

One option when you set up the exchange API import is to have it execute automatically. This will execute the import once a day automatically. This way you don't have to do anything except hit the recalculate button when prompted when new transactions are added. If you don't do that then, yes, you have to click each import function individually. In my experience, magic buttons rarely exist in crypto Smiley

It is not about magic in crypto) it is about usability of casual site.) It is obviously, that cointracking is used by people with several exchange accounts, and it is obviously, that they need to refresh data more often that once a day. But instead of hiring more technical specialists, setup cdn and rebuild whole mechanics with API - cointracking team chose the way of limitation its users.
Meanwhile alternative solutions are coming. https://www.cointracker.io/ for example.
newbie
Activity: 51
Merit: 0
Hi,
I would like to open a Neon wallet to move my Neo and Gas out of the exchanges,and as i'm planning to use a Ledger wallet when i'll receive it ,this wallet supports Neon.
I can't see anything regarding this wallet in the API wallet import or even in Wallet import,i don't mind doing it manually too.
So is there a way to proceed with Cointracking and Neon wallet?
member
Activity: 103
Merit: 11
Is it possible to refresh all my tasks at once? It is annoying that every time i want to refresh data i should go Enter coin - Exchange API import - Choose exchange - press Check. It is so simple to create one button "Check all", why i can't find this magic button?  Huh

One option when you set up the exchange API import is to have it execute automatically. This will execute the import once a day automatically. This way you don't have to do anything except hit the recalculate button when prompted when new transactions are added. If you don't do that then, yes, you have to click each import function individually. In my experience, magic buttons rarely exist in crypto Smiley
sr. member
Activity: 390
Merit: 251
Mamihlapinatapai
Is it possible to refresh all my tasks at once? It is annoying that every time i want to refresh data i should go Enter coin - Exchange API import - Choose exchange - press Check. It is so simple to create one button "Check all", why i can't find this magic button?  Huh
newbie
Activity: 51
Merit: 0
Hi,
I never had problem importing with API and Coinbase until today.
Suddenly when I try to import via API , Cointracking is displaying "invalid key",but I didn't change anything and when I go to my Coinbase settings to check the key, it's the same one I use since the beginning.
Is there something dealing with the API version,in the Coinbase settings I see the API version 2018-01-11 and a upgrade button ?
I just imported trades from Gdax with no prob ,if someone experienced the same prob or knows what I can do to fix this I would be thankful;)

Create a backup of your transactions before doing this. Delete the API key in CT and CB. Recreate it with a start date after your last successful import. Technically, setting the start date shouldn't be necessary as CT apparently ignores potential duplicates based on the Coinbase TXN ID but better safe than sorry. If it all goes wrong, just restore from backup.

Thx for helping,I'm gonna backup everything before doing something.
But I just don't understand how to recreate a key with a special start date,the first time I created it I don't remember about such a setting( is it on CT or CB ),or is this something linked with the API version upgrade button I was talking about with  2018-01-11 date ?
Sorry if my question looks weird ,I'm a newbie with API stuff but I'm happy to learn more Wink

First you have to create the API key on CB. Make sure you keep both the key and the secret.
Then create an import on CT. You will need to put in the key and secret you created on CB here. There are a few options when you create this. One of them is a start date that will only import transactions after that date.

Alright,
I want to thank you for your help,everything is fine now Wink
sr. member
Activity: 714
Merit: 252
Fairly new to Crypto trading and CoinTracking has been an invaluable resource so far!  One question:  Today I wired $5k into my Gemini wallet and used virtually all of that cash to purchase BTC.  Then I moved the BTC from my Gemini wallet into my Bittrex wallet.  I then exchanged half of that BTC (or around $2500 USD) for XLM and the other half (again, around $2500 USD) for ZRX.  I entered all these transactions into CoinTracker and it all looks good, except I'm showing a NEGATIVE $4997 in USD.  Can you tell me what I need to do to correct this?  Thank you!



either add the deposit of usd or leave it, if you leave it you'll see your actual profit/loss which is useful. its all explained in the faq:

https://cointracking.freshdesk.com/en/support/solutions/articles/29000018265-different-ways-of-managing-your-portfolio

newbie
Activity: 6
Merit: 0
Why can't I add attachments?

I wanted to post pictures of CoinTracking discrepancies.

According to my Binance trade history, I bough XLM at a lower XLM/BNB price then where I sold higher, but CoinTracking says I made an unrealized loss.

It seems like trade imports are inconsistent in general.
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Hi guys I have been using the free version and sometimes the number are not correct does this happen for the paid version?
Read some previous posts) Yes. Cointracking ALWAYS works strange. Wrong or missed imported data, wrong balances, sometimes errors during importing data... But, despite all this annoying details i don't know more powerful instrument to analyze my deals. Often with manual checking (for example as with last Binance crash) Not every time there is the cointracking problem. Mostly exchanges API or some inside problems.

Yes you right powerful and strange , with so many exchanges it’s really hard to keep track of the entry price , really hope they make improvements to this
newbie
Activity: 1
Merit: 0
I'm finally sitting down to sort out the 3000 trades I've done in 2017 and there are some problems. I really like cointracking and I realise I should have signed up sooner, but here I am trying to sort through and make accurate the trades I've made for the tax man. Most of them I'm able to fix and am working through thanks to the FAQs. One problem I can't seem to figure out is the prices for NANO on Binance. I've been trading this coin a bunch recently and the price list says it is worth $.06. This is wrong - it's $9.81. I tried to manually change the price that worked, but what about the historical prices? Is there something I can do to fix the real problem - that the market price for this coin isn't registering? Thanks!
sr. member
Activity: 714
Merit: 252
I haven't had a single wallet import work that requires a CSV, they all come back saying the timestamp is wrong.  No, I didn't open them first.  Does anyone know the CORRECT format these need to be in for Cointracker?  You'd think this program would have that somewhere in the FAQ but Noooo.

I'm starting to wish I would have just done this with a spreadsheet.  ALL of my numbers are screwed up.  Angry Angry  

download the template from https://cointracking.info/import/import_xls/

enter the details in the correct fields, for csv's created by wallets dont forget to replace the T with a space

open excel file and csv, copy amounts and dates into relevant fields (date, buy amount, buy curr) highlight all dates and search replace 't' with ' ' (space)

under type put IN for transfers Mining for mining then save and upload.

if it gives the same error redownload the original excel file open your modified one select everything copy and paste the values into the newer file save and upload do not delete rows or anything like that just paste over the examples

the really important thing is removing that T
member
Activity: 210
Merit: 10
I haven't had a single wallet import work that requires a CSV, they all come back saying the timestamp is wrong.  No, I didn't open them first.  Does anyone know the CORRECT format these need to be in for Cointracker?  You'd think this program would have that somewhere in the FAQ but Noooo.

I'm starting to wish I would have just done this with a spreadsheet.  ALL of my numbers are screwed up.  Angry Angry 
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