Calculating the profits and losses of your cryptocurrency investments is a straightforward process. All you need to do is subtract the cost price of the cryptocurrency from the selling price. This will give you the total profit or loss from the investment. Although it may sound intimidating, calculating the return on investment (ROI) is actually quite simple.
Just subtract the original cost of the investment from its current value and divide it by the original cost. It's important to note that this article and the accompanying crypto tool are not intended to be used as general or personal cryptocurrency investment advice. The Bitcoin profit calculator will provide you with both the percentage and absolute profits from your crypto investments. A positive ROI figure indicates that investing in cryptocurrencies is profitable, while a negative ROI value reflects a company that is generating losses.
With this crypto profit calculator, you can find out what profits you could have earned by investing in Bitcoin and other cryptocurrencies on time. Investors looking to invest in a cryptocurrency project through a token sale can ask to see the projected ROI or return on investment. You can choose other cryptocurrencies that are not included in the drop-down menu, but be sure to enter the exact ticket that the cryptocurrency has. There are various types of crypto tax calculators available on the market, such as Crypto Trader Tax.