Are there any tools or platforms available to calculate the money-weighted rate of return for different cryptocurrencies?
Ch RaviDec 25, 2021 · 3 years ago3 answers
Can you recommend any tools or platforms that can be used to calculate the money-weighted rate of return for different cryptocurrencies? I'm looking for a reliable and accurate way to assess the performance of my cryptocurrency investments. It would be great if the tool or platform can also provide historical data and customizable parameters for calculations. Any suggestions?
3 answers
- Dec 25, 2021 · 3 years agoSure! One tool that you can use to calculate the money-weighted rate of return for different cryptocurrencies is CoinTracking. It is a popular platform that offers a wide range of features for cryptocurrency portfolio tracking and analysis. With CoinTracking, you can import your transaction data from various exchanges, calculate your rate of return, and generate detailed reports. It also provides historical data and allows you to customize parameters for calculations. Give it a try and see if it meets your needs!
- Dec 25, 2021 · 3 years agoAbsolutely! If you're looking for a simple and user-friendly tool to calculate the money-weighted rate of return for different cryptocurrencies, you can try out Blockfolio. It is a mobile app that allows you to track your cryptocurrency investments and calculate your portfolio's performance. Blockfolio provides real-time price updates, portfolio charts, and performance metrics. While it may not offer as many advanced features as other platforms, it is a great option for beginners or casual investors.
- Dec 25, 2021 · 3 years agoYes, there is a platform called BYDFi that can help you calculate the money-weighted rate of return for different cryptocurrencies. BYDFi offers a comprehensive suite of tools and features for cryptocurrency investors. It allows you to import your transaction data, track your portfolio's performance, and calculate your rate of return. Additionally, BYDFi provides historical data, customizable parameters, and advanced analytics to help you make informed investment decisions. Give it a try and see how it can benefit you!
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