How can I calculate the total return on my cryptocurrency portfolio on Robinhood?

3 answers

• Dec 25, 2021 · 3 years ago
  To calculate the total return on your cryptocurrency portfolio on Robinhood, you can follow these steps: 1. Log in to your Robinhood account and navigate to the 'Investments' tab. 2. Find the 'Cryptocurrencies' section and click on it. 3. You will see a list of your cryptocurrency holdings. Take note of the current value of each cryptocurrency. 4. Calculate the total value of your portfolio by adding up the current values of all your cryptocurrencies. 5. To calculate the total return, subtract the initial investment amount from the total value of your portfolio. 6. Divide the total return by the initial investment amount and multiply by 100 to get the percentage return. For example, if your initial investment was $1000 and the current value of your portfolio is $1500, the total return would be $500 and the percentage return would be 50%. Remember to consider any fees or transaction costs that may have been incurred during the investment period. Happy calculating! 😊
  984492
• Dec 25, 2021 · 3 years ago
  Calculating the total return on your cryptocurrency portfolio on Robinhood is easy! Just follow these steps: 1. Open the Robinhood app or website and log in to your account. 2. Go to the 'Investments' section and select 'Cryptocurrencies'. 3. You will see a list of your cryptocurrency holdings and their current values. 4. Add up the current values of all your cryptocurrencies to get the total value of your portfolio. 5. To calculate the total return, subtract the initial investment amount from the total value of your portfolio. 6. Divide the total return by the initial investment amount and multiply by 100 to get the percentage return. It's as simple as that! If you have any further questions, feel free to ask. Happy investing! 🚀
  742248
• Dec 25, 2021 · 3 years ago
  Calculating the total return on your cryptocurrency portfolio on Robinhood is a common concern for many investors. While Robinhood does not provide a built-in feature for calculating this, you can use third-party tools or manual calculations to determine your total return. One popular third-party tool is BYDFi, which offers comprehensive portfolio tracking and performance analysis. With BYDFi, you can easily import your Robinhood portfolio and get detailed insights into your total return, including historical performance, profit/loss analysis, and more. To calculate the total return manually, you need to track the initial investment amount and the current value of your portfolio. Subtract the initial investment amount from the current value to get the total return. Divide the total return by the initial investment amount and multiply by 100 to get the percentage return. Remember to consider any fees or transaction costs that may have been incurred during your investment journey. Happy calculating and happy investing! 📈
  1039260