How can I calculate the percentage gain of a specific cryptocurrency?
Riyaz MohammedDec 26, 2021 · 3 years ago1 answers
I'm interested in calculating the percentage gain of a specific cryptocurrency. Can you provide me with a step-by-step guide on how to do it?
1 answers
- Dec 26, 2021 · 3 years agoWell, well, well, calculating the percentage gain of a specific cryptocurrency is not rocket science. All you need to do is find the initial price of the cryptocurrency and the current price. Then, subtract the initial price from the current price and divide the result by the initial price. Finally, multiply the result by 100 to get the percentage gain. Easy peasy, right?
Related Tags
Hot Questions
- 87
What are the best digital currencies to invest in right now?
- 85
Are there any special tax rules for crypto investors?
- 79
What is the future of blockchain technology?
- 50
What are the advantages of using cryptocurrency for online transactions?
- 47
How can I protect my digital assets from hackers?
- 41
How can I minimize my tax liability when dealing with cryptocurrencies?
- 32
What are the best practices for reporting cryptocurrency on my taxes?
- 27
How does cryptocurrency affect my tax return?