1

If I have a number of different cryptocurrencies and their current exchange rate in both bitcoin and USD, would this be true?

portfolio balance in bitcoin == portfolio balance in USD / bitcoin to USD exchange rate

The reason I ask is that I am doing this calculation on a current portfolio and these two values don't match.

4

watch the fraction:

portfolio balance in bitcoin == portfolio balance in USD / bitcoin to USD exchange rate

the units should be

bitcoins = dollars x (bitcoins/dollars) 

this way the dollars cancel out.

  • 2
    Or B = $ / ($ / B), if $ / B is the more easily accessible number. – Kevin Nov 14 '17 at 22:24

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