How can I calculate the percentage gain on my cryptocurrency stocks?
Reynolds JuulDec 14, 2021 · 3 years ago3 answers
I have invested in several cryptocurrencies and I want to calculate the percentage gain on my stocks. How can I do that?
3 answers
- Dec 14, 2021 · 3 years agoTo calculate the percentage gain on your cryptocurrency stocks, you need to know the initial investment amount and the current value of your stocks. Subtract the initial investment from the current value to get the gain. Then, divide the gain by the initial investment and multiply by 100 to get the percentage gain. For example, if you invested $1000 and your stocks are now worth $1500, the gain is $500. Dividing $500 by $1000 gives you 0.5, and multiplying by 100 gives you a 50% gain.
- Dec 14, 2021 · 3 years agoCalculating the percentage gain on your cryptocurrency stocks is simple. Just take the current value of your stocks and subtract the initial investment. Then, divide the result by the initial investment and multiply by 100. This will give you the percentage gain. Keep in mind that this calculation only considers the increase in value and does not take into account any fees or transaction costs.
- Dec 14, 2021 · 3 years agoCalculating the percentage gain on your cryptocurrency stocks is a straightforward process. You can use the formula: ((Current Value - Initial Investment) / Initial Investment) * 100. This will give you the percentage gain. It's important to note that this calculation does not include any additional costs, such as transaction fees or taxes. If you want a more accurate calculation, you should consider including these factors in your analysis.
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