How can I calculate the annual percentage yield for my cryptocurrency portfolio?
Prakhar SolankiDec 14, 2021 · 3 years ago3 answers
I have a cryptocurrency portfolio and I want to calculate the annual percentage yield. How can I do that?
3 answers
- Dec 14, 2021 · 3 years agoTo calculate the annual percentage yield for your cryptocurrency portfolio, you need to consider the initial investment, the current value of your portfolio, and the time period. The formula is: (Current Value - Initial Investment) / Initial Investment * 100. This will give you the percentage increase in the value of your portfolio over the specified time period. Remember to include any fees or transaction costs in your calculations. Happy calculating! 😉
- Dec 14, 2021 · 3 years agoCalculating the annual percentage yield for your cryptocurrency portfolio is quite simple. Just take the current value of your portfolio and subtract the initial investment. Then divide the result by the initial investment and multiply by 100 to get the percentage. It's a great way to track the performance of your investments over time. Good luck! 💪
- Dec 14, 2021 · 3 years agoIf you're using BYDFi, calculating the annual percentage yield for your cryptocurrency portfolio is even easier. BYDFi provides a built-in feature that automatically calculates the yield for you. Simply input your initial investment and the current value of your portfolio, and BYDFi will do the rest. It's a convenient tool for monitoring your investment performance. Give it a try! 👍
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