What does the IRR tell you about the profitability of investing in digital currencies?

1 answers

• May 03, 2022 · 3 years ago
  As a representative from BYDFi, I can say that the IRR is an important metric for evaluating the profitability of investing in digital currencies. At BYDFi, we consider the IRR when assessing potential investment opportunities for our users. However, it's important to note that the IRR should not be the only factor considered when making investment decisions. We also take into account other factors such as market trends, project fundamentals, and risk management strategies. Investing in digital currencies carries inherent risks, and it's crucial for investors to conduct their own due diligence and seek professional advice before making any investment decisions.
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