What is the easiest way to calculate the annualized return on investment for a cryptocurrency?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! Calculating the annualized return on investment for a cryptocurrency is not as complicated as it may seem. You can use the following formula: Annualized Return = ((Ending Value / Starting Value) ^ (1 / Number of Years)) - 1. Simply divide the ending value of your investment by the starting value, raise it to the power of 1 divided by the number of years you held the investment, and subtract 1. This will give you the annualized return percentage. Remember to consider any fees or transaction costs associated with your investment for accurate results.
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• Dec 28, 2021 · 3 years ago
  Calculating the annualized return on investment for a cryptocurrency is a piece of cake! Just take the ending value of your investment, divide it by the starting value, raise it to the power of 1 divided by the number of years you held the investment, and subtract 1. Voila! You've got your annualized return percentage. Don't forget to take into account any fees or transaction costs that might have affected your investment.
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• Dec 28, 2021 · 3 years ago
  Well, if you want to calculate the annualized return on investment for a cryptocurrency, you can use a simple formula. Take the ending value of your investment, divide it by the starting value, raise it to the power of 1 divided by the number of years you held the investment, and subtract 1. This will give you the annualized return percentage. Keep in mind that this calculation doesn't take into account any fees or transaction costs, so make sure to factor those in for a more accurate result.
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