What is the method for calculating YTD returns in the cryptocurrency market?

3 answers

• Apr 24, 2022 · 3 years ago
  To calculate YTD returns in the cryptocurrency market, you need to consider the price of the cryptocurrency at the beginning of the year and the current price. Simply subtract the beginning price from the current price and divide the result by the beginning price. Multiply the result by 100 to get the percentage return. This calculation gives you an idea of how much your investment has grown or declined since the start of the year. Keep in mind that YTD returns do not take into account any dividends or interest earned on the investment.
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• Apr 24, 2022 · 3 years ago
  Calculating YTD returns in the cryptocurrency market is quite straightforward. You just need to find the price of the cryptocurrency at the beginning of the year and the current price. Then, subtract the beginning price from the current price and divide the result by the beginning price. Finally, multiply the result by 100 to get the percentage return. It's a simple way to track the performance of your cryptocurrency investment throughout the year.
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• Apr 24, 2022 · 3 years ago
  When it comes to calculating YTD returns in the cryptocurrency market, it's important to note that different sources may use slightly different methodologies. However, the general approach is to compare the price of the cryptocurrency at the beginning of the year with the current price. The difference is then divided by the beginning price and multiplied by 100 to get the percentage return. This calculation helps investors gauge the performance of their cryptocurrency investments over a specific period of time.
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