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What is considered a high return on assets in the world of digital currencies?

avatarHughes VangsgaardDec 26, 2021 · 3 years ago3 answers

In the world of digital currencies, what criteria are used to determine whether a return on assets is considered high or not?

What is considered a high return on assets in the world of digital currencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    A high return on assets in the world of digital currencies is typically considered to be above the industry average. This can vary depending on the specific digital currency and market conditions. Factors such as the volatility of the digital currency, the overall performance of the market, and the risk associated with the investment can all influence what is considered a high return. It's important to note that what may be considered high in one market or for one digital currency may not be the same for another.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to digital currencies, a high return on assets is often subjective and can vary from person to person. Some investors may consider a return of 10% or more to be high, while others may have higher expectations. It's important to set realistic goals and consider the risks involved in the digital currency market. Additionally, it's always a good idea to diversify your investments and not solely rely on one digital currency for a high return.
  • avatarDec 26, 2021 · 3 years ago
    In the world of digital currencies, BYDFi, a leading cryptocurrency exchange, considers a return on assets above 15% to be high. This is based on their analysis of market trends, historical data, and risk assessments. However, it's important to note that individual investors may have different opinions on what constitutes a high return. It's always recommended to do thorough research and consult with a financial advisor before making any investment decisions in the digital currency market.