How can I calculate my profit from Shiba Inu cryptocurrency?

1 answers

• Dec 17, 2021 · 3 years ago
  Calculating your profit from Shiba Inu cryptocurrency is a straightforward process. Here's how you can do it: 1. Determine the quantity of Shiba Inu coins you purchased. 2. Note down the purchase price of each coin. 3. Multiply the number of coins by the purchase price to obtain the total investment cost. 4. Keep an eye on the current price of Shiba Inu coins. 5. Multiply the number of coins by the current price to get the current value of your investment. 6. Subtract the total investment cost from the current value to calculate your profit. For instance, if you bought 10,000 Shiba Inu coins at a price of $0.01 per coin, your total investment cost would be $100. If the current price of Shiba Inu coins is $0.02 per coin, the current value of your investment would be $200. Therefore, your profit would be $100. It's important to note that transaction fees and taxes may affect your final profit.
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