What is the ROI formula for cryptocurrency investments?

3 answers

• Nov 23, 2021 · 3 years ago
  Sure! The ROI formula for cryptocurrency investments is (Current Value of Investment - Cost of Investment) / Cost of Investment * 100. This formula calculates the percentage increase or decrease in the value of your investment compared to the initial cost. It helps you determine the profitability of your cryptocurrency investments and make informed decisions.
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• Nov 23, 2021 · 3 years ago
  Calculating ROI for cryptocurrency investments is simple. Just subtract the initial investment cost from the current value of your investment, divide it by the initial investment cost, and multiply by 100. The resulting percentage represents your ROI. Keep in mind that ROI doesn't take into account factors like transaction fees or taxes, so it's important to consider those as well when evaluating your investments.
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• Nov 23, 2021 · 3 years ago
  When it comes to calculating ROI for cryptocurrency investments, you can use the formula (Current Value of Investment - Cost of Investment) / Cost of Investment * 100. This formula gives you the percentage return on your investment. However, it's worth noting that ROI alone may not provide a complete picture of your investment performance. Factors like market volatility and timing of your investments also play a crucial role in determining your overall profitability.
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