What is the ROI formula for investing in cryptocurrencies?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! The ROI formula for investing in cryptocurrencies is (Current Value of Investment - Cost of Investment) / Cost of Investment. This formula calculates the percentage increase or decrease in the value of your investment compared to the initial cost. It helps you evaluate the profitability of your cryptocurrency investments.
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• Nov 24, 2021 · 3 years ago
  Calculating ROI in cryptocurrencies is essential for assessing the success of your investments. The formula is simple: ROI = (Current Value of Investment - Cost of Investment) / Cost of Investment. By using this formula, you can determine the percentage return on your investment and make informed decisions about your crypto portfolio.
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• Nov 24, 2021 · 3 years ago
  When it comes to calculating ROI for investing in cryptocurrencies, it's important to consider the initial cost of your investment and the current value. The formula is (Current Value of Investment - Cost of Investment) / Cost of Investment. This will give you a percentage that represents the return on your investment. Keep in mind that ROI is just one metric to consider when evaluating the profitability of your crypto investments. It's also important to consider other factors such as market trends and potential risks.
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