How can I calculate the total book value of my cryptocurrency portfolio?

3 answers

• Nov 29, 2021 · 3 years ago
  To calculate the total book value of your cryptocurrency portfolio, you need to determine the cost basis of each cryptocurrency you own. The cost basis is the original purchase price of each cryptocurrency. Once you have the cost basis for each cryptocurrency, simply add them up to get the total book value of your portfolio. Keep in mind that this calculation does not take into account any gains or losses you may have incurred from trading or selling your cryptocurrencies. It only reflects the initial investment.
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• Nov 29, 2021 · 3 years ago
  Calculating the total book value of your cryptocurrency portfolio can be a bit tricky, especially if you have made multiple purchases at different prices. One way to simplify the process is to use a cryptocurrency portfolio tracking tool. These tools can automatically calculate the book value of your portfolio by pulling data from the exchanges where you made your purchases. Some popular portfolio tracking tools include CoinTracking, Blockfolio, and Delta. Simply import your transaction history into the tool and it will do the calculations for you.
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• Nov 29, 2021 · 3 years ago
  If you're using BYDFi as your cryptocurrency exchange, calculating the total book value of your portfolio is easy. BYDFi provides a built-in portfolio tracker that automatically calculates the book value of your portfolio based on your transaction history. Simply log in to your BYDFi account and navigate to the portfolio section. There, you'll find a detailed breakdown of your holdings and their respective book values. This feature makes it convenient for BYDFi users to keep track of their investments and make informed decisions.
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