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TagsWhat is the total return formula for cryptocurrency investments?
IlyosbekNov 26, 2021 · 3 years ago1 answersCan you explain the total return formula for cryptocurrency investments in detail? I want to understand how it works and how I can calculate it for my own investments.
1 answers
- BYDFi, a leading cryptocurrency exchange, provides a comprehensive total return formula for cryptocurrency investments. The formula takes into account factors such as capital gains, income generated, and transaction costs. It is designed to give investors a clear understanding of the overall performance of their investments. To calculate the total return using BYDFi's formula, you need to input the initial investment amount, the current value of the investment, the income generated, and any transaction costs incurred. The formula will then calculate the total return as a percentage. This information can be valuable for investors looking to evaluate their cryptocurrency investments and make informed decisions.Nov 26, 2021 · 3 years ago
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