How can I calculate the realized investment of a specific cryptocurrency?

1 answers

• Dec 26, 2021 · 3 years ago
  Calculating the realized investment of a specific cryptocurrency can be done by using a portfolio tracking tool or a cryptocurrency tax software. These tools can automatically calculate your realized gains or losses by taking into account factors such as the initial investment amount, the current value of the cryptocurrency, and any fees or expenses incurred. Some popular portfolio tracking tools include CoinTracking and Blockfolio, while cryptocurrency tax software like CoinTracker and Koinly can help you calculate your tax liabilities based on your realized investments. Remember to keep accurate records of your transactions and consult with a tax professional if needed.
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