common-close-0
BYDFi
Trade wherever you are!

What is the yield on cost for investing in cryptocurrencies?

avatarCoder edgeDec 18, 2021 · 3 years ago7 answers

Can you explain what the yield on cost means when it comes to investing in cryptocurrencies? How does it affect my investment returns?

What is the yield on cost for investing in cryptocurrencies?

7 answers

  • avatarDec 18, 2021 · 3 years ago
    The yield on cost refers to the return on your initial investment in cryptocurrencies. It is calculated by dividing the current value of your investment by the initial cost and expressing it as a percentage. For example, if you invested $1000 in a cryptocurrency and its current value is $2000, the yield on cost would be 100%. This metric helps you understand the growth of your investment over time and can be used to compare different investments. Keep in mind that the yield on cost does not take into account any additional investments or withdrawals you may have made.
  • avatarDec 18, 2021 · 3 years ago
    Yield on cost is a fancy term for how much money you're making on your initial investment in cryptocurrencies. It's like the return on investment (ROI) but specifically for the amount you put in at the beginning. So, if you put in $1000 and now your investment is worth $2000, your yield on cost would be 100%. It's a way to track how well your investment is doing and see if it's beating other investments. Just remember, it doesn't include any extra money you put in or took out along the way.
  • avatarDec 18, 2021 · 3 years ago
    The yield on cost is an important metric to consider when investing in cryptocurrencies. It measures the return on your initial investment over time. Let's say you invested $1000 in a cryptocurrency and its current value is $2000. The yield on cost would be 100%. This means that your investment has doubled in value. It's a good indicator of how well your investment is performing and can help you make informed decisions about whether to hold or sell your cryptocurrencies. At BYDFi, we believe in providing our users with the tools and information they need to make smart investment choices.
  • avatarDec 18, 2021 · 3 years ago
    The yield on cost is a useful metric for evaluating the performance of your initial investment in cryptocurrencies. It shows the percentage increase in value from your original investment. For example, if you invested $1000 and your investment is now worth $2000, the yield on cost would be 100%. This metric can help you compare different investments and track the growth of your portfolio over time. It's important to note that the yield on cost does not take into account any additional investments or withdrawals you may have made. So, it's a good idea to consider other factors, such as market trends and risk tolerance, when making investment decisions.
  • avatarDec 18, 2021 · 3 years ago
    The yield on cost is a measure of the return on your initial investment in cryptocurrencies. It is calculated by dividing the current value of your investment by the initial cost and expressing it as a percentage. For example, if you invested $1000 and the current value of your investment is $2000, the yield on cost would be 100%. This metric can help you assess the profitability of your investment and compare it to other investment opportunities. However, it's important to note that the yield on cost does not take into account any additional investments or withdrawals you may have made. So, it's just one factor to consider when evaluating your investment returns.
  • avatarDec 18, 2021 · 3 years ago
    The yield on cost is a measure of the return on your initial investment in cryptocurrencies. It shows how much your investment has grown in percentage terms. For example, if you invested $1000 and your investment is now worth $2000, the yield on cost would be 100%. This metric can help you assess the performance of your investment and compare it to other investment options. However, it's important to remember that the yield on cost does not consider any additional investments or withdrawals you may have made. So, it's just one piece of the puzzle when evaluating your investment returns.
  • avatarDec 18, 2021 · 3 years ago
    The yield on cost is an important metric to consider when investing in cryptocurrencies. It measures the return on your initial investment over time. Let's say you invested $1000 in a cryptocurrency and its current value is $2000. The yield on cost would be 100%. This means that your investment has doubled in value. It's a good indicator of how well your investment is performing and can help you make informed decisions about whether to hold or sell your cryptocurrencies. At BYDFi, we believe in providing our users with the tools and information they need to make smart investment choices.