u/Upper-Profile-637

Image 1 — Title: Does transferring LTC between platforms mess up your P&L for anyone else?
Image 2 — Title: Does transferring LTC between platforms mess up your P&L for anyone else?
Image 3 — Title: Does transferring LTC between platforms mess up your P&L for anyone else?
▲ 2 r/Kraken

Title: Does transferring LTC between platforms mess up your P&L for anyone else?

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Hey everyone,

I’ve noticed something weird with my portfolio P&L.

Sometimes I transfer Litecoin (LTC) from one platform to another and later transfer it back. These are obviously just transfers of my own coins, so there shouldn’t be any actual profit or loss involved.

However, the portfolio overview sometimes seems to treat these movements as P&L. For example, my P&L can suddenly show a large loss even though I haven’t actually lost that amount of money. I’ve attached some screenshots showing what I mean.

Financially it doesn’t really matter, but psychologically it does affect me a bit. Seeing a big red P&L number can mess with my perception of how I’m actually doing, especially when I’m trying to keep a clear and objective view of my trading performance.

Has anyone else experienced this with LTC transfers (or transfers of other cryptocurrencies) between platforms?

Is there a way to prevent transfers from being counted or displayed as P&L, or is this simply how the portfolio calculation works?

Curious if anyone else has noticed this.

u/Upper-Profile-637 — 1 day ago