What is the formula for calculating ROI in the cryptocurrency market?

3 answers

• Mar 19, 2022 · 3 years ago
  Sure! The formula for calculating ROI in the cryptocurrency market is (Current Value of Investment - Cost of Investment) / Cost of Investment. This formula gives you the percentage increase or decrease in the value of your investment compared to the initial cost. It's a simple way to measure the profitability of your cryptocurrency investments.
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• Mar 19, 2022 · 3 years ago
  Calculating ROI in the cryptocurrency market is pretty straightforward. You take the current value of your investment, subtract the initial cost, and then divide that by the initial cost. The result is a percentage that represents the return on your investment. It's a useful metric for evaluating the performance of your cryptocurrency investments.
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• Mar 19, 2022 · 3 years ago
  When it comes to calculating ROI in the cryptocurrency market, it's important to consider both the initial cost of your investment and the current value. The formula (Current Value of Investment - Cost of Investment) / Cost of Investment helps you determine the percentage increase or decrease in the value of your investment. This can be a useful tool for evaluating the profitability of your cryptocurrency investments.
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