What factors should I consider when calculating the average cost per share of digital assets?

1 answers

• Roberson JacobsenFeb 08, 2024 · a year ago
  When it comes to calculating the average cost per share of digital assets, there are a few factors that you should keep in mind. First and foremost, you need to consider the purchase price of the assets. This includes any fees or commissions that were incurred during the purchase. Additionally, you should also factor in any costs associated with storing or holding the assets, such as wallet fees or network fees. Another important factor to consider is the time period over which you want to calculate the average cost per share. If you've made multiple purchases at different prices, it's important to take this into account. By considering these factors, you can calculate the average cost per share of your digital assets more accurately.
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