ROI of my account in terms of Hive (Apr 23, 2023)

in LeoFinance2 years ago

Periodically, we should keep track of the ROI of our account.

Over the last four months, since the start of this account, a total of 4221.749 Hive was purchased.

Putting much of it in the internal market for trading has yielded some nice gains, including sell orders being activated at close to $0.53 and buy orders at $0.40. These transactions is overall positive for the account. The current amount in Hive terms is 5408 Hive.

Let's calculate the ROI in Hive terms with the formula below:

ROI = ((Final Value - Initial Value) / Initial Value) * 100

In this case, the initial value is 4221.749 and the final value is 5408. To calculate the ROI:

ROI = (5408 - 4221.749) / 4221.749
ROI ≈ 1,186.251 / 4221.749
ROI ≈ 0.281

To express the ROI as a percentage, multiply by 100:

ROI ≈ 0.281 * 100
ROI ≈ 28.1%

The ROI is approximately 28.1%.

Image Source: https://pixabay.com/vectors/muscles-strong-man-bodybuilder-2026322/

Posted Using LeoFinance Beta

Sort:  

I was wonderting if you were still posting, but it doesn't look like it...?.... Thanks for the upvotes anyway... !HUG !PIZZA

Dear @fitter, you just got hugged.
I sent 1.0 HUG on behalf of @svanbo.
(1/3)

There's one factor you forgot to include: time.
28,4% in 4 months? That would mean 7,1% per month or 85,20% per year! !HUG

Dear @fitter, you just got hugged.
I sent 1.0 HUG on behalf of @svanbo.
(1/3)

!LUV

@svanbo, @mimtan(5/5) sent you LUV. | tools | discord | community | HiveWiki | <>< daily

Type ! help (no space) to get help on Hive. Info

Made with by crrdlx

But I see that you've been powering down. Any specific reason? !PIZZA

feeling poor these days

Congratulations @fitter! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You distributed more than 1250 upvotes.
Your next target is to reach 1500 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Hive Power Up Day - May 1st 2023
The Hive Gamification Proposal
Support the HiveBuzz project. Vote for our proposal!

PIZZA!

$PIZZA slices delivered:
@svanbo(1/5) tipped @fitter (x2)