How can I calculate the average crypto return on investment?

1 answers

• Nov 26, 2021 · 3 years ago
  Hey there! Want to calculate the average return on investment for your crypto holdings? No problemo! Just follow these steps: 1. Get the initial investment amount: This is the total amount of money you put into cryptocurrencies. 2. Find the current investment value: Check the current value of your crypto holdings. 3. Calculate the percentage change: Subtract the initial investment amount from the current investment value, divide it by the initial investment amount, and multiply by 100. 4. Repeat the above steps for each cryptocurrency investment you made. 5. Average it out: Add up the percentage changes for each investment and divide by the total number of investments. That's it! You've now calculated the average return on investment for your crypto portfolio. Keep in mind that this is just a basic calculation and doesn't take into account other factors like fees and taxes. Happy investing!
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