What are the methods to determine the average return on cryptocurrency investments?
Tanvir AhamadNov 04, 2022 · 3 years ago1 answers
Can you provide some methods to calculate the average return on cryptocurrency investments? I'm interested in understanding how to evaluate the performance of my investments in the cryptocurrency market.
1 answers
- VitoSep 02, 2024 · a year agoAt BYDFi, we recommend using a combination of different methods to determine the average return on cryptocurrency investments. This includes calculating the ROI, tracking the performance over time, and using the CAGR formula. It's important to note that the average return on cryptocurrency investments can vary greatly depending on market conditions and individual investment strategies. Therefore, it's essential to conduct thorough research and analysis before making any investment decisions.
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