Stop letting market swings destroy your portfolio—build a real-time crypto risk dashboard in under 30 minutes.

Why Every Crypto Trader Needs a Risk Management Dashboard

With Bitcoin swinging $140 billion in market cap in just two hours and sudden supply walls emerging—as seen in recent price action—crypto remains a hyper-volatile asset class. If you’re trading without a structured approach to risk, you’re not just gambling—you’re setting yourself up for capital destruction.

This step-by-step guide will show you how to set up a real-time crypto risk management dashboard in Google Sheets, which will help you:

• Visualize your portfolio allocation
• Track stop-loss and risk/reward ratios
• Calculate exposure and liquidation risk
• Integrate live prices for up-to-date decisions

Step 1: Set Up Your Google Sheet

First, open Google Sheets and create a new spreadsheet. Title it: Crypto Risk Dashboard.

Structure Your Tabs

• Portfolio: Track your holdings
• Live Prices: Pull real-time market data
• Risk Metrics: Calculate position sizing, stop-loss levels, and risk/reward

Step 2: Import Real-Time Crypto Prices

We’ll use the CoinGecko API (free and reliable) to get live prices into your sheet.

How to Add the CoinGecko API

1. Go to Extensions > Apps Script
2. Paste the following code:

function getPrice(symbol) {
  var url = 'https://api.coingecko.com/api/v3/simple/price?ids=' + symbol + '&vs_currencies=usd';
  var response = UrlFetchApp.fetch(url);
  var json = JSON.parse(response.getContentText());
  return json[symbol].usd;
}

3. Click Save, then return to your sheet

In the Live Prices tab, enter:

=getPrice("bitcoin")

You can swap bitcoin for ethereum, xrp, etc. (See full list of IDs on CoinGecko API docs).

Step 3: Build Your Portfolio Tracker

In the Portfolio tab, create headers:

• Coin
• Amount Held
• Entry Price
• Current Price (linked from Live Prices)
• Current Value
• PnL

Use formulas like:

=B2*D2   // for current value

=(D2-C2)*B2   // for profit and loss

Tip: Use Data > Named Ranges to keep your formulas clean and reusable!

Step 4: Add Risk Metrics

In the Risk Metrics tab, create the following columns:

• Coin
• Position Size ($)
• Account Equity (manually input or linked from Portfolio)
• Risk % per Trade (e.g., 1%)
• Max $ at Risk
• Stop-Loss Price
• Target Price
• Risk/Reward Ratio

Use formulas like:

=C2*D2   // Max $ at Risk

=(G2-E2)/(E2-F2)   // Risk/Reward

*E2 = Entry, F2 = Stop, G2 = Target*

This helps you decide whether the trade meets your system’s criteria before entering.

Step 5: Visualize Everything

Add pie charts and bar charts to visualize:

• Portfolio Allocation by coin
• Exposure to each asset class
• Daily PnL trends

Go to Insert > Chart, and choose your preferred chart type. Use filters to display only open positions or high-risk coins.

Step 6: Automate Daily Snapshots

Use Google Apps Scripts to create a daily snapshot that logs your portfolio value and PnL every 24 hours.

function logDailySnapshot() {
  var sheet = SpreadsheetApp.getActiveSpreadsheet().getSheetByName("Portfolio");
  var logSheet = SpreadsheetApp.getActiveSpreadsheet().getSheetByName("Logs");
  var date = new Date();
  var totalValue = sheet.getRange("F2:F10").getValues().flat().reduce((a, b) => a + b);
  logSheet.appendRow([date, totalValue]);
}

Then go to Triggers in the script editor and schedule it to run daily.

Step 7: Set Conditional Alerts

Use conditional formatting to highlight when:

• Risk/Reward falls below 1.5
• Stop-loss is hit or price drops 10%
• Total portfolio loss exceeds 5%

This visual alert system gives you quick decision-making signals without extra tools.

Bonus: Connect to TradingView or Telegram

Want to add real-time alerts to your phone? Use Zapier to connect Google Sheets with Telegram or Discord. Or embed TradingView charts in your dashboard.

🚀 Ready to Take Control?

If you’ve followed the steps above, you now have a functional crypto risk dashboard that gives you:

• Clarity on your portfolio
• Control over your risk
• Confidence to trade volatile markets

Want the full dashboard template pre-built?
👉 Click here to download the free Crypto Risk Dashboard template

CTA: Share Your Setup and Win

🛠️ Built your dashboard? Share a screenshot on X (formerly Twitter) with the hashtag #CryptoRiskDashboard and tag us for a chance to win a 1-month TradingView Pro subscription!

Final Thoughts

Whether Bitcoin is flashing capitulation signals or facing hidden resistance levels, you need a data-driven edge. Stop reacting to price and start managing your positions like a pro.

🔗 Explore more market insights from CryptoSlate:

• Bitcoin Capitulation Signal
• Quantum Risks to Bitcoin

Always trade informed, not emotional.