What is the formula for calculating the rate of return on short selling cryptocurrencies?

3 answers

• koilaudiMay 26, 2023 · 2 years ago
  Sure! The formula for calculating the rate of return on short selling cryptocurrencies is (Initial Price - Final Price) / Initial Price * 100. This formula calculates the percentage change in price from the initial selling price to the final buying price. It helps investors determine the profitability of short selling by comparing the initial and final prices.
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• Qvist CowanFeb 14, 2022 · 4 years ago
  Calculating the rate of return on short selling cryptocurrencies is quite simple. You just need to subtract the initial selling price from the final buying price, divide it by the initial selling price, and then multiply by 100 to get the percentage change. This formula gives you an idea of how much profit or loss you can expect from short selling cryptocurrencies.
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• Micheal ElNov 15, 2021 · 4 years ago
  When it comes to calculating the rate of return on short selling cryptocurrencies, BYDFi has a great tool that can help you. Their platform provides a built-in calculator that automatically calculates the rate of return based on the initial and final prices. It's a convenient way to evaluate the potential profitability of short selling cryptocurrencies without the need for manual calculations.
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