I have been working on inputting my transactions from multiple exchanges and wallets. I am getting close to figuring it out except the following:
If I'm understanding this correctly, the cash deposited into exchanges should represent a negative (red) number in Cointracking.info.
My issue: I transferred money from my bank account into coinbase which I bought LTC with. Note: the money was directly traded for LTC. There is not a USD balance. When I transfer the transaction into contracking, the USD shows negative. It is listed as a direct "trade".
Now, I deposited money from my bank account into my Gemini account. I now have a USD balance in Gemini. I use that money to make transactions into ETH. When transferred to cointracking they are listed as first a "deposit" (the cash) and then a "trade" (ETH for USD). Two separate transactions.
The trouble I am having is with my Gemini transactions. My cash invested does not represent a negative number like that of my coinbase transactions. Therefore, it doesn't reflect an accurate USD investment total (it seems). I do have a USD balance in Gemini but it is as small amount compared to what I have put in (it should not be positive).
Please see graphs below!
Is there anyone that can explain this to me? Thank you in advance for your time. I appreciate it!
Congratulations @jesse089! You received a personal award!
Happy Birthday! - You are on the Steem blockchain for 1 year!
Click here to view your Board
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @jesse089! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit