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What are the advantages of using Google Sheets to monitor crypto prices?

avatarShobhit KwatraDec 18, 2021 · 3 years ago3 answers

Can you explain the benefits of using Google Sheets as a tool for monitoring cryptocurrency prices? How does it compare to other methods of tracking crypto prices?

What are the advantages of using Google Sheets to monitor crypto prices?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One advantage of using Google Sheets to monitor crypto prices is the ability to easily import real-time data from various sources. By using functions like IMPORTXML or IMPORTJSON, you can automatically fetch the latest prices from popular cryptocurrency exchanges or APIs. This saves you time and effort compared to manually entering the data. Additionally, Google Sheets allows you to create custom formulas and charts to analyze the price data and track trends over time. This can be helpful for making informed investment decisions.
  • avatarDec 18, 2021 · 3 years ago
    Another advantage of using Google Sheets is the ability to collaborate and share your crypto price tracking sheet with others. You can grant access to specific individuals or teams, allowing them to view or edit the sheet in real-time. This is especially useful for teams or investment groups who want to track and analyze crypto prices together. Furthermore, Google Sheets provides version history and commenting features, making it easy to track changes and have discussions about specific data points or analysis.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we highly recommend using Google Sheets to monitor crypto prices. It offers a user-friendly interface and seamless integration with other Google services like Google Finance. With Google Sheets, you can easily create custom alerts and notifications based on specific price thresholds or market conditions. This helps you stay informed and take action quickly when there are significant price movements. Additionally, Google Sheets provides a secure and reliable platform for storing and accessing your crypto price data. Overall, Google Sheets is a powerful tool for monitoring and analyzing crypto prices, and it's free to use!