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Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies - page 90. (Read 122619 times)

newbie
Activity: 19
Merit: 0
by the way,

I have problems with importing Livecoin API:  (Error: {"errorCode":2,"errorMessage":null})  

Cause i use a mobile connection, I try to change browser, from "Opera" to "Tor" for have a IP static but the error remain.

Does anyone experience the same problem?

Precisely that this problem has given me a few days ago, everything worked well before.

I do not understand what happened.

Thanks for your kind attention





full member
Activity: 238
Merit: 100
Awesome program for sure  !
member
Activity: 105
Merit: 10
Thumbs up from me for the Andriod updated app.

Doesn't drain my battery either like blockfolio does.

I look forward to the next update with alets.
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
Hi, a couple of questions:

Any chance you may add price alert functions at some point?

I can't seem to find iPhone app on app store, status?

Thanks, Stephen
Hey, the iOS app is available since a few weeks.
You can find it here: CoinTracking App

Price alerts will be included in the next update for Android and iOS.
ETA: 2-3 weeks.


@Radioreid: It's hard to tell, without knowing any details.
Can you please submit a support ticket at CoinTracking and we will guide you Smiley

Coinbase is always a bit complicated because of their data structure, but other exchanges and exodus should be no problem.

Best,
Dario
newbie
Activity: 10
Merit: 0
Hi, a couple of questions:

Any chance you may add price alert functions at some point?

I can't seem to find iPhone app on app store, status?

Thanks, Stephen
newbie
Activity: 1
Merit: 0
I may be in a bit over my head...

I really want this software to work for me but I am having a hard time getting the numbers imputed properly.

What I have learned so far is that just importing the api into CT from coinbase, exchanges and my exodus wallet do not correctly show the real #'s. The thought of having to go through and manually input everything makes my head hurt.

Are there some steps I can take to make this whole process easier?
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
@seeARMS:
CEX.io API import is live, but unfortunately they do not list deposits and withdrawals on their end.
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
No, I did it exactly as you said. The EOS pair is fine. It shows a loss of 66USD. But when i make an input for the monaco trade even according to your example i enter 138 USD as the investment. My point being in real terms I have just put in 200 USD innit. I get the accounting bit but is there a way to see what I'm asking. Also see my second post, it's related to the same thing i said earlier. Thanks a lot for all your help so far and replying so promptly. I'm loving cointracking and it's features. Just want to clear this confusion.
Well... the thing is, that you have spent 200 USD on EOS and not on MCO. And you can not pass through the value of one coin to another.
That's why the system is calculating an EOS gain and a MCO gain for you.

If you really want to, you can change the asset value (Enter Coins -> Edit -> Edit Asset Value).
And then overwrite the MCO value (which should be approx. 138 USD, with 200 USD) and ignore the warning.
Not sure, if this is what you're looking for, but it could work.

However, I would stay with the regular calculation without manipulating the asset values.
Best, Dario
newbie
Activity: 9
Merit: 0
No, I did it exactly as you said. The EOS pair is fine. It shows a loss of 66USD. But when i make an input for the monaco trade even according to your example i enter 138 USD as the investment. My point being in real terms I have just put in 200 USD innit. I get the accounting bit but is there a way to see what I'm asking. Also see my second post, it's related to the same thing i said earlier. Thanks a lot for all your help so far and replying so promptly. I'm loving cointracking and it's features. Just want to clear this confusion.
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
@zulu89:
Are you sure, you have not switched "Buy" and "Sell" on your trade entries?
Because 350 should not be the result of your example.

@coolcash:
Not sure if I get it right.
You can check the "Reporting -> Trade Analysis" where you can analyse all trades by trade-pair, exchange, group and date.
Also it could be interesting to check the 2nd table on the gains page (minimized by default) where you can find all sales according to your selected method (FIFO, LIFO...) which is also searchable, and filterable by exchange, group and date.

Dario
newbie
Activity: 9
Merit: 0
I am not sure if there is a report for this or I am not sure what its called. I am looking to figure out my profit from my completed buy/sell pairs. Such as 1 ETH buy then 1 ETH sell at a higher price. Is this an option?

I'm hoping they have such an option especially for people like me who rebalance their portfolio a lot. One way out is adding the input for the new trade from the proft/loss of the last trade as an income instead of a trade(exchange) but then your new trade doesn't get displayed in the avg price and profit/loss thing. Maybe cause i'm new to this platform I've completely misunderstood things but hopefully there's a way out which i've just overlooked.
newbie
Activity: 30
Merit: 0
I am not sure if there is a report for this or I am not sure what its called. I am looking to figure out my profit from my completed buy/sell pairs. Such as 1 ETH buy then 1 ETH sell at a higher price. Is this an option?
newbie
Activity: 9
Merit: 0
Hey thanks for the reply. Yeah i got the point of how to input it from an accounting point of view but my noob question is in the earlier example I have put in 200 USD in total and when i input it like you said it reflects as 350 usd approx. So when i see my total trades and the amount I have invested vs their current market price, won't that give me a distorted figure. Should i make the monaco entry as something other than trade?
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
HI, I just started using cointracking and it blew my mind. The functionality is amazing and awesome features. I'm a new user so I'm sorry if this is a really stupid query. I just want to ask how do i Input something like this. I bought 100 EOS @2 and sold it @1.34 so basically I got 134USD. Now with this same USD i bought 11.5 Monaco @12. Creating two new entries distorts the investment figure. So how do i got about this?
Hey and thanks a lot. I really appreciate it.

The correct entries are:
Buy 100 EOS | Sell 200 USD
Buy 134 USD | Sell 100 EOS
Buy 11.5 MCO | Sell 138 USD

It will show a realized EOS loss of 66 USD (because all coins were sold) and a current unrealized MCO loss of 18 USD (as all MCO are still available).
The sum is your total gain/loss for those 3 trades.
(The unrealized gain/loss will change depending on the current MCO market price. The realized gain/loss will not change any more).

Best
Dario
newbie
Activity: 9
Merit: 0
HI, I just started using cointracking and it blew my mind. The functionality is amazing and awesome features. I'm a new user so I'm sorry if this is a really stupid query. I just want to ask how do i Input something like this. I bought 100 EOS @2 and sold it @1.34 so basically I got 134USD. Now with this same USD i bought 11.5 Monaco @12. Creating two new entries distorts the investment figure. So how do i got about this?
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
Any updates on the CEX.io API imports?  Grin Grin

Sorry, still in progress.
CEX is more complicated than I thought.
But it will come very soon. I promise Smiley
copper member
Activity: 62
Merit: 0
Any updates on the CEX.io API imports?  Grin Grin
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
@Galletera:
The 'cost per unit' will be calculated from the weighted average of all unsold assets according to your selected method (e.g. first-in first-out).

Let's use your example:
-> buy (50) units at 0.18, (35) at 0.25 and (15) at 0.40.
selling 10 units will result in a remaining amount of:
-> buy (40) units at 0.18, (35) at 0.25 and (15) at 0.40.
And this will lead to a different cost per unit price as 10 units @ 0.18 have already been sold.

Correct, counterpart prices will include the spread and the fees.

The average prices we are using will match Bittrex prices in most situations.
But yes, adding more exchange prices is already on our to do list Smiley

Best,
Dario
newbie
Activity: 20
Merit: 0
Hello! Couple of questions.

1. If I buy 100 units of one coin at various prices and my 'cost of unit' appears as 0.25 (Example), why does the "cost of unit" change after I sell some of the 100?

Rough example, I buy (50) units at 0.18, (35) at 0.25 and (15) at 0.40. My "cost per unit" is 0.245. Why is the 'cost of unit' changing after I sell 10 coins (at any price)?

I'm using "unsold Assets as Cost Basis" and was under the impression the "cost of unit" is sort of all the prices you have payed when buying, averaged out.

2. The "counterpart prices" the most realistic, precise ones? They include how much I payed + fees for the transaction while "Transactions prices" do no include fees?



Lastly a suggestion: A setting where we could select from which exchange we want the "Current Price" to be shown for each coin.

I only trade coins that are on Bittrex, so I'd like to be able to click "Select all" coins and then check a box saying "Get Current Price for Un/Realized gains/losses" --> Bittrex.
hero member
Activity: 760
Merit: 516
CoinTracking - Crypto Portfolio & Tax Management
Any updates on the CEX.io API import? Thanks!
Should be done until Sunday Smiley
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