One of the biggest issues I have noticed when dealing with my crypto investments is that it's hard to know what my return is on a detailed level. Beanvest seems like a nice solution for that. Is Excel your biggest competitor or is Beanvest more of a compliment rather than a replacement?
Asked by MicahIverson 2 yrs ago.
Answered by romainsimon...
I focused more on stocks, but the main feature I implemented is the portfolio benchmark.
Every time you buy or sell a stock, it simulates the same investment but in an index such as the S&P 500. This way, you can know if you perform better than the market, and this is not a very easy thing to do in Excel.
I guess it could do the same for cryptos by comparing your portfolio to the performance of BTC for example.