What is the YTD formula for calculating returns on digital currencies?
Ganesh ReddyFeb 03, 2024 · 2 years ago1 answers
Can you explain the YTD formula for calculating returns on digital currencies in detail? I'm interested in understanding how it works and how it can be applied to different cryptocurrencies.
1 answers
- Mahdi MortazaviJan 21, 2023 · 3 years agoAs an expert in the digital currency industry, I can tell you that the YTD formula for calculating returns on digital currencies is widely used by investors and traders. It allows them to assess the profitability of their investments and make informed decisions. However, it is important to remember that the YTD formula is just one of many tools used in the evaluation of investments. It should be used in conjunction with other metrics and analysis to get a comprehensive understanding of the performance of a digital currency.
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