How is ROI calculated for cryptocurrencies?

3 answers

• Nov 27, 2021 · 3 years ago
  Calculating ROI for cryptocurrencies is relatively simple. The formula is (Current Value - Initial Investment) / Initial Investment * 100. This will give you the ROI percentage. For example, if you invested $1000 in a cryptocurrency and it is now worth $2000, the ROI would be (2000 - 1000) / 1000 * 100 = 100%.
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• Nov 27, 2021 · 3 years ago
  ROI for cryptocurrencies is calculated by subtracting the initial investment from the current value, dividing the result by the initial investment, and then multiplying by 100 to get the percentage. It's important to note that ROI does not take into account any additional costs or fees associated with trading cryptocurrencies.
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• Nov 27, 2021 · 3 years ago
  When it comes to calculating ROI for cryptocurrencies, it's important to consider the time frame and any additional costs. The formula is (Current Value - Initial Investment - Additional Costs) / Initial Investment * 100. This will give you a more accurate ROI calculation that takes into account any fees or expenses incurred during the investment period. Keep in mind that ROI is just one metric to consider when evaluating the performance of your cryptocurrency investments.
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