How to calculate the percentage gain for cryptocurrencies?

3 answers

• solipsismesNov 24, 2023 · 2 years ago
  Sure! Calculating the percentage gain for cryptocurrencies is quite simple. You just need to subtract the initial price from the final price, divide the result by the initial price, and then multiply by 100. The formula looks like this: ((Final Price - Initial Price) / Initial Price) * 100. This will give you the percentage gain. For example, if you bought a cryptocurrency at $100 and sold it for $150, the percentage gain would be ((150 - 100) / 100) * 100 = 50%.
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• afsar malikApr 05, 2021 · 4 years ago
  Calculating the percentage gain for cryptocurrencies is a piece of cake! All you have to do is subtract the initial price from the final price, divide the result by the initial price, and multiply by 100. Voila! You've got the percentage gain. For instance, if you bought a cryptocurrency at $100 and sold it for $200, the percentage gain would be ((200 - 100) / 100) * 100 = 100%. Easy peasy, right?
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• faiz-gearSep 09, 2023 · 2 years ago
  Calculating the percentage gain for cryptocurrencies is a fundamental concept in the world of investing. To calculate it, subtract the initial price from the final price, divide the result by the initial price, and multiply by 100. This will give you the percentage gain. For example, if you bought a cryptocurrency at $100 and sold it for $150, the percentage gain would be ((150 - 100) / 100) * 100 = 50%. Keep in mind that this calculation does not take into account any transaction fees or other costs associated with trading cryptocurrencies.
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