How to use our holdings page to indicate a sell transaction.
The Token Metrics holdings page is a great place to keep track of your investment performance.
With the release Token Metrics 2.0, we have added wallet and API integration which will automatically update your holdings whenever you make a transaction on an exchange or send crypto from your wallet.
We also offer an option to manually add buys and sells.
Customers often ask how to log their sells, and this article will explain how to do just that.
Suppose we purchased 1 ETH seven days ago for $3,571.97.
Now, one week later, we want to sell half of our ETH and convert it into a stablecoin like DAI.
To record this in our portfolio, we will log the inverse of our sell transaction, essentially a transaction showing that we bought DAI.
In this case, we log that we purchased 1785.985 DAI tokens on September 22nd.
We will then need to remove our previous Ethereum transaction and add an investment of 0.5 ETH on the same date we purchased our 1 ETH. Our final portfolio should look something like this.
Note that the loss is equal to half of the price reduction of Ethereum, as we sold 0.5 ETH during this period.
