How can I calculate the 30-day yield for a specific cryptocurrency?

1 answers

• Nov 25, 2021 · 3 years ago
  Calculating the 30-day yield for a specific cryptocurrency is a common task for investors and traders. Here's a step-by-step guide: 1. Find the price of the cryptocurrency 30 days ago. 2. Find the current price of the cryptocurrency. 3. Subtract the starting price from the current price. 4. Divide the result by the starting price. 5. Multiply the quotient by 100 to get the percentage change. This percentage represents the 30-day yield for the specific cryptocurrency. Remember that this calculation only considers the price change and does not take into account other factors such as transaction fees or dividends. I hope this helps! If you have any more questions, feel free to ask.
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