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Obyte (GBYTE) Profit Calculator - Calculate Potential Returns
Effortlessly track your Obyte (GBYTE) trading performance with Botsfolio's free Obyte profit calculator. Quickly calculate returns (profits or losses) on individual trades and gain a comprehensive view of your investment return by comparing it with other investment options.
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Did You Know - Obyte has demonstrated a degree of short-term resilience in recent weeks, closing "Red" on 16 out of the last 30 days. This suggests a potential Downward momentum within the cryptocurrency market.
Obyte Investment Insight - Based on historical performance, if you had invested every time the price dropped by 35% or more, your investment would have returned -56.91% on average after 5 years from each drop.
However, it's crucial to note that Obyte's price remains highly volatile, and past performance is not indicative of future results.
Calculate and Compare Obyte (GBYTE) Profit
Evaluating Obyte's (GBYTE) profit potential requires a sophisticated approach that extends beyond basic calculations. Botsfolio's unique Obyte investment calculator goes beyond simple calculations.
It provides a powerful comparison feature, showcasing Obyte’s historical returns on investment alongside popular tech stocks and major market indexes. This holistic view empowers you to make informed decisions about your cryptocurrency investments.
Year | Open obyte Price | Close obyte Price | Yearly Change | Profit per obyte |
|---|---|---|---|---|
2017 | $684.49 | $686.38 | 0.28% | $1.89 |
2018 | $689.22 | $29.51 | -95.72% | $-659.71 |
2019 | $29.55 | $16.92 | -42.74% | $-12.63 |
2020 | $16.92 | $25.17 | 48.76% | $8.25 |
2021 | $25.14 | $47.35 | 88.36% | $22.21 |
2022 | $47.36 | $15.01 | -68.3% | $-32.35 |
2023 | $15.01 | $10.25 | -31.73% | $-4.76 |
2024 | $10.25 | $6.64 | -35.25% | $-3.61 |
Such fluctuations highlight the high-risk, high-reward nature of Obyte investments. While it offers the potential for substantial gains, investors must be prepared for periods of significant price volatility and potential losses.
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How to Use the Obyte (GBYTE) Profit Calculator?
Our user-friendly Obyte profit calculator simplifies the estimation of gains or losses on your crypto investments. Whether you're assessing potential returns on a large-scale investment or analyzing the profitability of past trades, our free tool provides the necessary insights.
Follow the steps to use the calculator:
1. Input the amount of cryptocurrency invested in the designated field.
2. Enter the Obyte purchase price and selling price accurately.
3. Account for any associated fees: input the investment fees incurred during acquisition and the exit fees paid upon selling the cryptocurrency.
4. View your total profit or loss instantly.
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The content, portfolios, and insights presented on this platform are provided for informational purposes only and do not constitute financial, investment, or trading advice. Kribx Inc. and its affiliated influencers are not registered investment advisors or broker-dealers. Cryptocurrency trading involves substantial risk and may result in the loss of capital. Users are solely responsible for their trading decisions. Past performance is not indicative of future results.
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