How can I calculate the chain discount for my digital currency investments?

1 answers

• Dec 18, 2021 · 3 years ago
  Calculating the chain discount for your digital currency investments is crucial for making informed investment decisions. The chain discount represents the percentage difference between the current market price and the highest historical price of a digital currency. To calculate it, subtract the current price from the highest price, divide the result by the highest price, and multiply by 100. For example, if the highest price was $100 and the current price is $80, the chain discount would be (100 - 80) / 100 * 100 = 20%. Keep in mind that the chain discount is just one factor to consider when investing in digital currencies. It's important to conduct thorough research, analyze market trends, and assess the project's fundamentals before making any investment decisions. Happy calculating!
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