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How can I calculate the year-to-date gain or loss for my cryptocurrency portfolio?

avatarSiddhant BahugunaNov 24, 2021 · 3 years ago3 answers

I have a cryptocurrency portfolio and I want to calculate the year-to-date gain or loss. How can I do that?

How can I calculate the year-to-date gain or loss for my cryptocurrency portfolio?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    To calculate the year-to-date gain or loss for your cryptocurrency portfolio, you need to determine the value of your portfolio at the beginning of the year and the current value. Subtract the beginning value from the current value to get the gain or loss. Divide the gain or loss by the beginning value and multiply by 100 to get the percentage gain or loss. This will give you an idea of how your portfolio has performed over the year.
  • avatarNov 24, 2021 · 3 years ago
    Calculating the year-to-date gain or loss for your cryptocurrency portfolio is quite simple. Just subtract the value of your portfolio at the beginning of the year from the current value. If the result is positive, you have a gain. If it's negative, you have a loss. You can also calculate the percentage gain or loss by dividing the gain or loss by the beginning value and multiplying by 100. This will give you a better understanding of your portfolio's performance.
  • avatarNov 24, 2021 · 3 years ago
    If you're using BYDFi as your cryptocurrency exchange, you can easily calculate the year-to-date gain or loss for your portfolio. BYDFi provides a comprehensive dashboard that shows the value of your portfolio at any given time. Simply navigate to the dashboard and select the year-to-date view. You'll be able to see the gain or loss percentage for your portfolio, as well as other useful metrics. It's a convenient way to track your portfolio's performance over time.