KeekNov 27, 2021 · 3 years ago0 answersWhat is the best method for calculating the average cost of cryptocurrencies using FIFO or LIFO?
When it comes to calculating the average cost of cryptocurrencies, which method is considered the best - FIFO or LIFO? How do these methods work and what are their advantages and disadvantages? Are there any specific scenarios where one method is more suitable than the other? I would like to understand the differences between FIFO and LIFO and determine the most effective approach for calculating the average cost of cryptocurrencies.
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