I'm interested in cryptocurrencies and I want to know which one has the highest value in the 'first in, first out' category. I'm looking for specific information on the top-ranked cryptocurrency based on this criterion.
7 answers
Silvia
Fri Nov 22 2024
This method focuses on the cost basis.
SamuraiBrave
Fri Nov 22 2024
When using HIFO, the highest price paid for crypto assets is reduced from the sale price.
Michele
Fri Nov 22 2024
This calculation helps determine the profit or loss from the sale.
DondaejiDelightfulCharm
Fri Nov 22 2024
HIFO stands for Highest-In-First-Out.
GwanghwamunGuardianAngelWingsBlessing
Fri Nov 22 2024
It is a method used for valuing crypto assets.