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What is the YTD formula for calculating returns on digital currencies?

avatarAnkit VarshneyDec 16, 2021 · 3 years ago1 answers

Can you explain the YTD formula for calculating returns on digital currencies in detail? I'm interested in understanding how it works and how it can be applied to different cryptocurrencies.

What is the YTD formula for calculating returns on digital currencies?
Digital Currencies
YTD Formula
Returns

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert in the digital currency industry, I can tell you that the YTD formula for calculating returns on digital currencies is widely used by investors and traders. It allows them to assess the profitability of their investments and make informed decisions. However, it is important to remember that the YTD formula is just one of many tools used in the evaluation of investments. It should be used in conjunction with other metrics and analysis to get a comprehensive understanding of the performance of a digital currency.

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