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How can I calculate the gain from my cryptocurrency investments?

avatarLucas Reis DinizDec 26, 2021 · 3 years ago3 answers

I have invested in various cryptocurrencies and I want to calculate the gain from my investments. How can I do that?

How can I calculate the gain from my cryptocurrency investments?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    To calculate the gain from your cryptocurrency investments, you need to subtract the initial investment amount from the current value of your investments. This will give you the profit or gain you have made. Keep in mind that you should also consider any transaction fees or taxes that may apply when calculating your gain. It's important to track your investments and regularly update the value to get an accurate calculation. You can use various portfolio tracking tools or spreadsheets to simplify the process.
  • avatarDec 26, 2021 · 3 years ago
    Calculating the gain from your cryptocurrency investments can be done by subtracting the total cost basis of your investments from the current value. The cost basis includes the initial investment amount as well as any additional purchases you made. Make sure to account for any fees or taxes that may have been incurred during the transactions. It's a good practice to keep a record of all your transactions and use a reliable cryptocurrency portfolio tracker to get accurate calculations.
  • avatarDec 26, 2021 · 3 years ago
    Hey there! Calculating the gain from your cryptocurrency investments is pretty straightforward. Just take the current value of your investments and subtract the initial investment amount. Voila! That's your gain. But don't forget to consider any fees or taxes that might have been involved in your transactions. It's always a good idea to keep track of your investments and use a reliable portfolio tracker to get accurate calculations. Happy investing!