How can I calculate gains from my cryptocurrency investments?

3 answers

• Feb 18, 2022 · 3 years ago
  Calculating gains from cryptocurrency investments can be done by subtracting the initial investment amount from the current value of your cryptocurrency holdings. You can use the formula: Gains = Current Value - Initial Investment. This will give you the total gains you have made from your investments. Keep in mind that this calculation does not take into account any transaction fees or taxes that may be applicable.
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• Feb 18, 2022 · 3 years ago
  To calculate gains from your cryptocurrency investments, you need to know the cost basis of your investments. The cost basis is the total amount of money you have invested in purchasing the cryptocurrencies. Subtracting the cost basis from the current value of your holdings will give you the gains. However, it's important to note that calculating gains for cryptocurrencies can be complex due to factors like multiple purchases at different prices and the need to account for transaction fees.
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• Feb 18, 2022 · 3 years ago
  Calculating gains from cryptocurrency investments is an important step in evaluating your investment performance. At BYDFi, we provide a comprehensive portfolio tracking tool that automatically calculates your gains based on the current market prices and your transaction history. Our tool takes into account factors like transaction fees and provides you with accurate and up-to-date information on your investment gains. Sign up for a free account on our platform and start tracking your gains today!
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