For every investor, Return on Investment (ROI) is the prime focus. ROI is a standard, widely used metric to evaluate the forecasted profitability of different 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 derive gains can have an ROI assigned to it.
A wise investment decision can be made only after evaluating the return on such investment.
Investors can use multiple techniques to calculate the possible return. Various platforms offer calculators and techniques to evaluate the same. While traditional investments have a plethora for evaluation, the crypto market is untouched. The demand for digital assets like Bitcoin, Ethereum, and other cryptos is at an all-time high, and it is crucial to make informed decisions.
We at WazirX have always insisted on thorough research before investing. To assist 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 returns on your crypto investment based on the frequency of investment (monthly or lump sum),
- Calculate returns for multiple time frames,
- Consider the possible inflation as well,
- Evaluate the past performance of your favorite crypto and determine the ideal rate of investment,
- Make decisions on the move.
How to use the Crypto/Bitcoin ROI Calculator?
We have made the process as simple as possible.
Step 1: In the calculator, first select the frequency of investment – Monthly or Lump Sum
Step 2: Enter the investment amount.
Step 3: Add the rate of return as expected. You can also check the past performance of your preferred crypto here.
Step 4: Select the investment period.
Step 5: Add the predicted rate of inflation (if required). The default rate of 6% is auto-applied.
Step 6: That’s it! Your investment amount and probable wealth gained will be visible right in front of you.
As mentioned above, Return on Investment (ROI) is a popular measure to evaluate your crypto investment’s possible profit/loss. We hope this ROI calculator will help you in your research. Do it the smart way and get started with your crypto journey today!Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.