How can I calculate the market rate of return for my digital currency portfolio?

3 answers

• May 10, 2022 · 3 years ago
  To calculate the market rate of return for your digital currency portfolio, you can use the following formula: (Current Portfolio Value - Initial Portfolio Value) / Initial Portfolio Value * 100. This will give you the percentage return on your investment. Keep in mind that market rate of return can fluctuate and it's important to regularly update your portfolio value to get an accurate calculation.
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• May 10, 2022 · 3 years ago
  Calculating the market rate of return for your digital currency portfolio is essential to monitor the performance of your investments. You can use online portfolio trackers or spreadsheet software to input the initial and current values of your portfolio. The formula is simple: (Current Value - Initial Value) / Initial Value * 100. This will give you the percentage return. Remember to consider transaction fees and other costs when calculating your net return.
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• May 10, 2022 · 3 years ago
  If you're using BYDFi as your digital currency exchange, you can easily calculate the market rate of return for your portfolio. BYDFi provides a comprehensive portfolio management tool that automatically calculates the rate of return based on your transaction history. Simply log in to your BYDFi account, navigate to the portfolio section, and you'll find the rate of return displayed. This feature is extremely helpful for tracking your investment performance and making informed decisions.
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