What is the difference between today's return and total return in the context of cryptocurrency?

5 answers

• Dec 28, 2021 · 3 years ago
  Today's return in the context of cryptocurrency refers to the percentage change in the value of a cryptocurrency within a single day. It is calculated by taking the difference between the current price and the price at the beginning of the day, and then dividing that difference by the price at the beginning of the day. Today's return provides a snapshot of the cryptocurrency's performance on a daily basis and can be used to gauge short-term price movements.
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• Dec 28, 2021 · 3 years ago
  On the other hand, total return in the context of cryptocurrency takes into account the cumulative performance of a cryptocurrency investment over a specific period of time. It includes not only the price appreciation or depreciation of the cryptocurrency, but also any dividends, interest, or other income generated by the investment. Total return provides a more comprehensive measure of the overall profitability of a cryptocurrency investment, taking into consideration both price movements and any additional returns.
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• Dec 28, 2021 · 3 years ago
  When it comes to measuring the performance of a cryptocurrency investment, both today's return and total return have their merits. Today's return is useful for short-term traders who are interested in capturing quick gains or losses within a single day. On the other hand, total return is more suitable for long-term investors who are focused on the overall profitability of their investment over a longer period of time. It is important to consider both measures in order to get a complete picture of the performance of a cryptocurrency investment.
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• Dec 28, 2021 · 3 years ago
  In the context of BYDFi, today's return and total return are important metrics that investors can use to evaluate the performance of their cryptocurrency investments. BYDFi provides real-time data on today's return, allowing investors to track the daily price movements of their investments. Additionally, BYDFi calculates the total return of an investment by taking into account not only price changes, but also any additional income generated by the investment. This comprehensive measure of performance helps investors make informed decisions about their cryptocurrency investments on BYDFi.
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• Dec 28, 2021 · 3 years ago
  When comparing today's return and total return, it is important to note that today's return is a short-term measure that can be influenced by market volatility and other factors. It provides a snapshot of the cryptocurrency's performance on a daily basis, but it may not necessarily reflect the long-term profitability of the investment. On the other hand, total return takes into account the cumulative performance of the investment over a specific period of time, providing a more comprehensive measure of profitability. Both measures have their uses and should be considered in conjunction with other factors when evaluating the performance of a cryptocurrency investment.
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