Digital Surge’s Wallet ROI (Return on Investment) feature lets you easily monitor and track the performance of each coin in your portfolio. It also gives you a clear picture of key trading activity including your last buy/sell price and your average buy/sell price.
On the wallet page, there are two ROI figures:
Total return
Total return represents your Return on Investment (ROI) on a specific coin. Let’s use Solana as an example. Regardless of how frequently you have bought & sold Solana, the Total return figure calculates how much you have spent on Solana and what the current value of your investment is, taking into account the price of Solana on all your buys or sells, as well as any deposits or withdrawals you have made on the Digital Surge platform.
Day return
The day return figure is calculated in the same way as the total return figure but limited to the current day. It takes the value of your wallet at midnight (AEST) on the previous night and calculates its current value, along with any trading activity since midnight. It then gives you a simple figure of your profit/loss for the day.
Note: Your Wallet ROI statistics can only track what happens on the Digital Surge platform. Once your crypto leaves your account we can no longer track its performance. Therefore, all crypto deposits and withdrawals to a wallet are calculated at the AUD value of when the deposit or withdrawal was completed. Deposits and withdrawals are NOT considered as changes in profit or loss.
If you want to monitor the performance of a coin on Digital Surge, we recommend not withdrawing your crypto, so your ROI figure remains accurate. If the total return figure is important to you, keep your crypto on the DS platform.
Example: Let’s say you buy $1000 of Bitcoin and it has since dropped 20% in value. You then to decide to withdraw $500 of the $800 Bitcoin remaining to an external wallet a few weeks later. Digital Surge will treat this withdrawal as you selling it (at a loss), and will reflect that in your ROI calculation.
After withdrawing the $500 of Bitcoin, the next few weeks sees the Bitcoin price triple in value, meaning you now have $1500 of Bitcoin in your external wallet. If you decide to deposit that $1500 of Bitcoin back into your DS wallet, the platform would register this at the price it was at when you deposited it – and you would still show a negative ROI from the initial 20% drop, and it will not reflect the gain you made on the Bitcoin when you were holding it in your external wallet. If the total return figure is important to you, keep your crypto in your account.
Is there a way to reset my ROI and start again?
Yes! All you need to do is make your balance for any given coin go down to zero. You can do this by withdrawing or selling your entire balance, which will automatically reset your ROI and allow you to start fresh!
There are lots of reasons you might want your ROI to go back to zero, so don’t hesitate to withdraw/sell all of a coin to start tracking your ROI as if nothing ever happened.
If you wish to sell your crypto but don’t want your ROI to be reset, you can do this by leaving a small amount of that crypto in your wallet. Your ROI will only reset when the balance goes to ZERO, so leaving any amount in the wallet will allow you to continue tracking your ROI.
Last buy/sell price and Average buy/sell price
Lastly, if you click on an individual coin in your Wallet, you will be taken to the full breakdown of your holdings. The graph you see is a representation of your wallet value over time. The values below the chart also show your Last buy price and Last sell price and your Average buy price and Average sell price, along with your Total return and Day return figures.
Here you can get a clear picture of what you’ve been buying and selling an asset for on average, as well as how much you bought and sold it for most recently (last buy/sell price).
Happy trading!