Return = Market value - Total allocated funds
Returns are the difference between the current value of held cryptocurrency and the funds invested with BlueChip plus the sum of the returns from the previous trades.
Consider the following scenario :
- You fund $50
- BlueChip buys $50 of BTC
- BlueChip sells $52.25 of BTC
- BlueChip buys $50 of BTC
- BlueChip sells $51 of BTC
- BlueChip buys $50 of BTC
Assuming that the market value is $52, the return will be calculated as follows. "Σ" denotes the sum of all things listed.
Return = ΣReturn per trade + Market value - Allocated funds
Return = ΣReturn per trade + $52 - $50
Return = ( ( $52.25 - $50 ) + ( $51 - $50 ) ) + $2
Return = $5.25