What factors should I consider when calculating the average cost per share of digital assets?
jonhsu19Jan 28, 2022 · 3 years ago1 answers
When calculating the average cost per share of digital assets, what are the key factors that I should take into consideration? I want to ensure that I have an accurate understanding of the cost per share in order to make informed investment decisions. Can you provide some insights on this?
1 answers
- Roberson JacobsenMar 04, 2021 · 4 years agoWhen it comes to calculating the average cost per share of digital assets, there are a few factors that you should keep in mind. First and foremost, you need to consider the purchase price of the assets. This includes any fees or commissions that were incurred during the purchase. Additionally, you should also factor in any costs associated with storing or holding the assets, such as wallet fees or network fees. Another important factor to consider is the time period over which you want to calculate the average cost per share. If you've made multiple purchases at different prices, it's important to take this into account. By considering these factors, you can calculate the average cost per share of your digital assets more accurately.
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