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How can I use TTD to track the performance of my cryptocurrency investments?

avatarArize ValentinrDec 16, 2021 · 3 years ago3 answers

Can you provide some guidance on how to use TTD (Time-Weighted Rate of Return) to track the performance of my cryptocurrency investments? I want to have a better understanding of how my investments are performing over time.

How can I use TTD to track the performance of my cryptocurrency investments?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! TTD is a widely used metric to measure the performance of investments over time. To use TTD for tracking your cryptocurrency investments, you need to calculate the returns for each investment period and then calculate the compounded TTD. This will give you a clear picture of how your investments are performing relative to the market. You can use various portfolio management tools or spreadsheets to automate this process. Make sure to include all your investments and their respective time periods to get an accurate TTD calculation. Happy tracking!
  • avatarDec 16, 2021 · 3 years ago
    Tracking the performance of your cryptocurrency investments using TTD is a great way to evaluate your portfolio's growth over time. By calculating the TTD, you can see how your investments have performed, taking into account the time and amount of each investment. This metric helps you understand the true return on your investments, regardless of the timing of your contributions or withdrawals. It's important to regularly update your TTD calculations to keep track of your portfolio's performance and make informed investment decisions. Good luck!
  • avatarDec 16, 2021 · 3 years ago
    Using TTD to track the performance of your cryptocurrency investments is a smart move. TTD takes into account the time and amount of your investments, giving you a more accurate measure of your portfolio's growth. To calculate TTD, you'll need to track the returns of your investments over time and then calculate the compounded TTD. This will give you a comprehensive view of how your investments are performing. Remember to include all your investments and their respective time periods for an accurate TTD calculation. If you're looking for a user-friendly platform to track your investments, you can consider using BYDFi, a popular choice among cryptocurrency investors. It provides comprehensive portfolio management tools and real-time performance tracking. Give it a try!