For every investor, return on investment (ROI) is the main focus. ROI is a standard, widely used metric used to evaluate the estimated profitability of various investments. This metric can be used to evaluate anything from stocks, employees, crypto, or even a sheep farm. Basically, anything and everything that has a cost with the potential to generate a profit can be assigned an ROI.
A wise investment decision can be taken only after evaluating the return on such investment.
Investors can use several techniques to calculate potential returns. Various platforms provide calculators and techniques to evaluate it. While there is much to evaluate in traditional investing, the crypto market is untouched. Demand for digital assets such as bitcoin, ethereum and other cryptos is at an all-time high, and it is important to make informed decisions.
At WazirX we have always insisted on thorough research before investing. To help our investors and the crypto community at large, we have launched our Crypto/Bitcoin ROI calculator.
Try it here!
With the Crypto/Bitcoin ROI Calculator, you can:
- Calculate the return on your crypto investment based on the frequency of investment (monthly or lump sum),
- Calculate returns for multiple time frames,
- Also consider potential inflation,
- Evaluate the past performance of your favorite crypto and determine the ideal investment rate,
- Make decisions on the go.
How to use the Crypto/Bitcoin ROI Calculator?
We have made the process as simple as possible.
Phase 1: In the calculator, first select the frequency of investment – monthly or lump sum
Phase 2: Enter the investment amount.
step 3: Add the rate of return as expected. You can check the past performance of your favorite crypto here.
step 4: Choose the investment tenure.
Step 5: Add the estimated rate of inflation (if necessary). The default rate of 6% is applied automatically.
Step 6: this much only! Your investment amount and possible assets to be received will appear in front of you.
As mentioned above, Return on Investment (ROI) is a popular measure to evaluate the potential gain/loss of your crypto investments. We hope this ROI calculator helps you in your research. Do it the smart way and start your crypto journey today!
Just Bookmark For More Updates