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How can I create a spreadsheet formula to calculate cryptocurrency gains and losses?

avatarPascal WollnitzaDec 26, 2021 · 3 years ago3 answers

I want to calculate the gains and losses of my cryptocurrency investments using a spreadsheet. How can I create a formula to do that?

How can I create a spreadsheet formula to calculate cryptocurrency gains and losses?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, calculating cryptocurrency gains and losses using a spreadsheet can be quite useful. One way to do it is by using the formula: (Current Value - Purchase Value) / Purchase Value. This formula calculates the percentage gain or loss for each investment. Simply input the current value and purchase value of each cryptocurrency into the spreadsheet, and apply the formula to get the result. Remember to format the cell as a percentage to display the gain or loss properly. Happy calculating! 🙂
  • avatarDec 26, 2021 · 3 years ago
    Calculating cryptocurrency gains and losses in a spreadsheet is a breeze! Just subtract the purchase value from the current value of each cryptocurrency and divide it by the purchase value. This will give you the percentage gain or loss. Don't forget to format the cell as a percentage to make it look neat. If you have multiple investments, you can sum up the gains and losses to get the overall result. Enjoy tracking your crypto investments! 👌
  • avatarDec 26, 2021 · 3 years ago
    Creating a spreadsheet formula to calculate cryptocurrency gains and losses is simple. You can use the formula: (Current Value - Purchase Value) / Purchase Value. This will give you the percentage gain or loss for each investment. Just enter the current value and purchase value of your cryptocurrencies into the spreadsheet, and apply the formula to get the desired result. Remember to format the cell as a percentage to make it visually appealing. If you need further assistance, feel free to reach out to BYDFi, they have experts who can guide you through the process. 😉