What is ROI in Bitcoin and why should you understand it before investing?
ROI allows traders to know if a Bitcoin trade was truly profitable or not.
ROI measures the percentage return on an investment, which can be used in Bitcoin.
Donaldson Brown was a pioneer in implementing ROI in 1914.
ROI does not take into account how long it took to achieve the result.
In Bitcoin, ROI considers purchase price, selling price, and fees.
Although it is simple to use and useful, ROI may not reflect the risk taken.
