How to calculate the returns on my cryptocurrency investments?

3 answers

• Pankaj ChouhanFeb 15, 2023 · 3 years ago
  Sure, calculating the returns on your cryptocurrency investments can be a bit complex, but I'll break it down for you. First, you need to determine the initial investment amount and the current value of your portfolio. Then, subtract the initial investment from the current value to get the profit or loss. Divide the profit or loss by the initial investment and multiply by 100 to get the percentage return. This will give you an idea of how well your investments have performed. Remember to consider any transaction fees or other costs associated with buying and selling cryptocurrencies.
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• Ashfaq AhmadJun 28, 2023 · 2 years ago
  Calculating returns on cryptocurrency investments can be a headache, but fear not! Here's a simple formula: (Current Value - Initial Investment) / Initial Investment * 100. This will give you the percentage return on your investment. Keep in mind that this calculation doesn't take into account transaction fees or other costs. If you want a more accurate picture, make sure to include those expenses in your calculations. Happy investing!
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• MonstyJan 01, 2022 · 4 years ago
  Well, calculating returns on cryptocurrency investments can be a bit tricky. But don't worry, I've got your back. Here's a step-by-step guide: 1. Determine the initial investment amount. 2. Calculate the current value of your portfolio. 3. Subtract the initial investment from the current value to get the profit or loss. 4. Divide the profit or loss by the initial investment. 5. Multiply the result by 100 to get the percentage return. Voila! You now have the returns on your cryptocurrency investments. Just remember to consider any fees or expenses that may have been incurred during the investment process. Good luck!
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