
Trading with cryptocurrencies can be challenging and risky without proper analysis. The best way to analyze your future investment performance is by calculating crypto ROI or Return of Investment. Like in stocks and other investments, ROI is a crucial tool to see whether you will get a positive turn and make a profit. Here is how to calculate crypto ROI.
Return of Investment or ROI is defined as the percentage of growth or loss of the investment. By measuring ROI, you can see how much money you could earn or lose when investing in some asset. The ROI is a percentage that is calculated by dividing the investment's profit or loss by the initial cost of investment. But first, you need to calculate the net income by subtracting the initial cost of your investment from the value you gained. Then you divide this number by the cost of the initial investment, which is ROI.
When calculating the ROI, there are two outcomes you can expect to get: the first one is positive, and the second one is a negative ROI. The positive ROI means that your net returns exceed the investment costs. On the other hand, negative ROI means net returns are low, meaning the total costs are higher than the return.
As with any investment, you can calculate the ROI when trading with crypto assets. You can do this simply by reducing the original price of the crypto by its selling price. Then you need to divide this result by the actual cost of the investment. Let's see this in the example. If you buy a crypto asset for $5,000 and sell it for $20,000, this means ROI is 3.0, or you received three times (300%) of your initial investment.
Even in the world of finance, where you trade with stocks and other assets, ROI is not an ideal metric that can show you whether your investment will be profitable. The same goes when trading with crypto. There are other factors you need to consider when investing in cryptos, such as transaction fees, trading fees, and other fees you may encounter on different platforms.
Time is also an essential factor that the ROI calculation doesn't consider in crypto trading. So if you want to know whether your investment will be profitable, you need to research deeper and see how that crypto behaved in the past or what progress that crypto made in the past years.
From Bitcoin to Ethereum, there are too many cryptocurrencies, and knowing which one to invest in may seem overwhelming. Even though calculating the ROI is not enough when choosing the right investment, it is a good start that can lead to a profit only if you do further analysis of the asset you wish to invest in. On that note, let's go over some of the most promising crypto coins and NFTs you should invest in 2022.
The crypto project with the highest potential gain in 2022 has to be Tamadoge, the next big thing in the meme coin ecosystem. Countless investors and experts agree that it's looking like one of the best blockchain projects in the past few years, and once it goes live, it could become the king of meme coins for years to come.
Even though it's a meme coin, Tamadoge aims to change the game for the entire industry forever. It's the first meme token set in a metaverse, or in this case Tamaverse. It also features a built-in NFT store, a vibrant virtual world, Play-to-earn games, and much more. All of that practically puts Tamadoge in a whole new category, making it a real contestant for the Dogecoin killer title.
Speaking of Dogecoin, Tamadoge belongs to the same universe, and it uses the success of DOGE to attract new investors very efficiently. The community around the project keeps growing by the day, with over 50,000 members across multiple social media.
The game puts you in the role of a virtual pet trainer, and your job is to ensure that your pets live a happy, healthy life as they grow. Every pet doubles as an NFT, allowing you to exchange or sell them at the store at any time.
As you play the game, your pet will become stronger, and more valuable. Every time you win a match, you get Dogepoints, and the players with the most points on the monthly leaderboards get TAMA tokens as rewards. That means that you can earn more valuable tokens by simply playing the game.
We can't get into all of the details this project has to offer, but we can tell you that it's already fully KYC'd on CoinSniper and is audited by Solid Proof. Both are considered as the gold standard among blockchain projects, so you don't have to worry about poor utility or safety.
Tamadoge has just entered the presale phase on July 25th and will be available until October 2022. You can buy them using USDT and ETH tokens, and the minimum purchase is $150. One TAMA token is priced $0.01, so you'll get 15,000 for the minimum purchase. Tamadoge is expected to be one of the highest-gaining crypto projects this year. Early investors can expect a return of as much as 100 times their investment, so get your TAMA tokens today and secure an impressive positive return!
Beta presale of this token started on 25th July 2022. The Beta presale should end on 2nd September, and the general presale – following the presale- will end in Q4 2022.
Everyone interested can buy TAMA with ETH or USDT, and there is no minimum amount of money required for the purchase. However, the Tamadoge team advised everyone who wants to buy the tokens to make the purchase of a minimum of $150 worth of ETH or USDT.
The price is $0.01 for 1 TAMA or $100 for 10,000 TAMA.
Here is a short guide on how to buy TAMA tokens:
As you can see, investing in crypto assets can be challenging, and there are a lot of things you need to learn before investing. However, if you want a positive ROI, there are a couple of tips to follow to ensure you are investing smartly. Here are five tips for investing in crypto:
To conclude, to get a positive ROI on your crypto investment, you need to purchase the coin for a low price and sell it for a bigger one later. Tamadoge is a new project, and its coin TAMA is currently on presale. If you purchase the coin now, the price will certainly be higher on the release date. Investing in the first-ever platform that combines the metaverse, NFTs, and meme tokens all the assets on the platform will not be a mistake, and the profit will return.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.