Teach you how to calculate returns using $DOGE as an example
The following figure shows the Dogecoin I bought at 0.099.
If you bought Dogecoin at a price of 0.099 USD and the current price is 0.415 USD, the return can be calculated using the following formula:
Return Rate Formula:
Return Rate = \frac{(Current Price - Purchase Price)}{Purchase Price} \times 100\%
Substituting the data:
Return Rate = \frac{(0.415 - 0.099)}{0.099} \times 100\% = 319.19\%
Result:
Your return rate is 319.19%, which means my investment has grown by 3.19 times, which is a very good investment return! If the investment amount is large, such an increase may bring considerable profits.
So the question arises, if I leveraged at a price of 0.2, what would my return be at the current price?
If interested, please leave your answer in the comments.