So you’ve just purchased your first Ethereum blockchain platform, and you’re wondering, how long will it take to see my return on investment? Unfortunately, there’s no magic number that fits every person and situation, but there are some strategies and tips that can help you achieve your ROI goal.
In this detailed, informative article, we will go over the basics of how to calculate your return on investment (ROI) in cryptocurrency—and provide our best predictions of how long it could take to see your ROI return if you invest today. Read on to know more in detail to have an overall better understanding!
What Is An ROI? A Brief Overview
An ROI, or return on investment, is the percentage of profit you make compared to how much you invested. For example, if you put $100 into a business and it makes $120, that’s a 20% ROI. If you are a cryptocurrency investor and have already invest some of your money, you’re probably wondering about the ROI might be. There are several factors that determine how long it will take for you to see your money back from an investment.
First, there’s how much you invest. If you have $100 and expect to get $120 back, it won’t take long for you to get your initial ROI, but if you invest $1,000 and expect to make $10,000 back over time, that could take longer. Additionally, there are two types of returns: fast or slow. You can set yourself up for a quick profit or try to generate steady income over time—it’s up to you and your goals.
Second, there’s how you invest. You can buy or sell as you like, so that’s up to you and your strategy. The more often you buy and sell, though, or invest smaller amounts of money regularly over time, your ROI may be lower due to transaction fees and other costs.
How Promising Is ROI In Bitcoin Investment?
Bitcoin ROI or Return On Investment is often dependent on how much was invested, when it was invested, and what the market looks like when you sell. In general, however, Bitcoin has been one of the most promising investments in recent years. From 2009 to 2017, Bitcoin’s value grew from $0.003 to $20,000—an increase of over 6 million percent. In 2017 alone, Bitcoin’s price grew by over 2,000%.
While no investment is guaranteed, these numbers show that Bitcoin has been a very lucrative investment for many people.
Calculating An ROI Formula- Points To Note
When it comes to calculating your ROI, first, it needs to be determined how much you have invested. To calculate your ROI, simply divide your current value by your original investment: 10,000/1,000 = 10. This comes with a straightforward calculation. In other words, you’ve seen a 900% return on your investment!
How To Avoid Losing All Your Money Overnight?
Firstly, you should do proper research to stay updated with every vital information regarding your investment. You are less like going to make rash decisions when you are done doing the required amount of research. Second, it is highly advised that you don’t invest more than you can afford to lose.
Third, as a crypto investor, you should never put all your eggs in one single basket. Instead, choose to diversify your investment portfolio. Fourth, develop the ability to remain patient at crucial times as most crypto investors don’t get to see miraculous results overnight. Fifth, don’t panic if the value of your investment dips; it’s bound to happen from time to time. Sixth, have a plan for what you’ll do with your profits when (or if) you start seeing them come in.
You’ve done your research and you’re ready to invest in cryptocurrency and out of that you keep wondering by when you will start to see a return on your investment. The answer, unfortunately, is that there’s no simple answer. The amount of time it takes to see a return on your investment can vary widely depending on the type of currency you’re investing in, the current market conditions, and your own personal circumstances. But don’t despair! With a little patience and some smart investing strategies, you can make a healthy return on your investment in cryptocurrency at crypto-superstar.io/.