How can I calculate the monthly return on investment for a specific cryptocurrency?

1 answers

• Mar 19, 2022 · 3 years ago
  Calculating the monthly return on investment for a specific cryptocurrency is an important step in evaluating your investment performance. To do this, you'll need to know the initial investment amount and the current value of the cryptocurrency. Subtract the initial investment amount from the current value to get the profit. Then, divide the profit by the initial investment amount and multiply by 100 to get the return on investment percentage. Finally, divide the return on investment percentage by the number of months to get the monthly return on investment percentage. It's worth noting that this calculation does not take into account any fees or transaction costs that may be associated with buying or selling the cryptocurrency.
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