I'm curious about the roi, or return on investment, specifically in the context of Binance. I want to understand how it works and what it means for my investments on this platform.
6 answers
Ilaria
Sat Dec 14 2024
Return on Investment, abbreviated as ROI, serves as a crucial metric in evaluating the profitability of a trade or investment.
BlockchainVisionary
Sat Dec 14 2024
This ratio or percentage value offers a clear indication of how efficiently an investment has performed.
MountFujiVista
Sat Dec 14 2024
By using ROI, investors can quickly ascertain whether a particular trade or investment has been successful.
Nicola
Fri Dec 13 2024
The calculation of ROI can provide an absolute ratio, such as 0.35, which represents the profit earned relative to the initial investment.
SamsungShineBrightnessRadianceGlitter
Fri Dec 13 2024
Alternatively, ROI can be expressed as a percentage value, like 35%, making it easier to understand and compare with other investments.