Article Summary
This article explains River's Performance page, including bitcoin returns, account value changes, and lot details like cost basis and term.
On river.com, the Performance page gives you a clear picture of how your bitcoin and cash have changed over time. It's divided into three sections:
Each section breaks down a different part of your performance on River.
Bitcoin returns
How much you made
- Total bitcoin returns: Your returns since your earliest acquired bitcoin based on what you paid compared to its current value. This includes received bitcoin, but excludes sold and sent bitcoin.
- 24H bitcoin returns: Your returns over the past 24 hours based on what you paid for your bitcoin compared to its current value. This includes received bitcoin, but excludes sold and sent bitcoin.
How much you invested
- Total cost: The total cost of your bitcoin buys, receives, and payouts at the time they were acquired that are still held on River. This excludes any bitcoin you've sold or sent.
- Average cost: The average amount you have spent per bitcoin held on River. This includes received bitcoin, but excludes sold and sent bitcoin.
Account value
My current balances
- Bitcoin: Your current bitcoin balance on River, excluding sold and sent bitcoin.
- Cash: Your current cash balance on River.
Balance changes in the past 12 months
- Bitcoin: The net change in your bitcoin balance in the past 12 months, including any acquired, sold, and sent bitcoin.
- Cash: The net change in your cash balance in the past 12 months, including any cash deposits or withdrawals.
Changes in account value
Please note that you can view changes to your account value over different time periods by interacting with the chart options
- Starting account value: The value of your bitcoin and cash balance as of 24 hours ago.
- Cash: The net change in your cash balance over the past 24 hours.
- Bitcoin: The net change in your bitcoin balance over the past 24 hours.
- Bitcoin returns: Your bitcoin return over the past 24 hours.
Bitcoin lots
Bitcoin acquired on River
Bitcoin acquired on River includes lots that originated on the platform, with a cost basis automatically applied.
| Column | Description |
|---|---|
| Acquired | The date your bitcoin was bought or earned on River. |
| Term | Holdings for less than a year are considered short-term, whereas those held for longer than a year are long-term. |
| 24H returns | Your returns over the past 24 hours based on what you paid for this bitcoin compared to its current value. |
| Total returns | Your bitcoin returns based on what you paid compared to its current value since you acquired this bitcoin. |
| Current value | The dollar value of your bitcoin based on the current bitcoin price. |
| Cost basis | The cost of your bitcoin at the time of acquisition, including any transaction fees and spread. This reflects bitcoin buys, payouts, and receives. |
| Quantity | The amount of bitcoin you acquired. |
| Average cost basis | The average amount you spent per bitcoin at the time of acquisition, including any transaction fees and spread. |
| Received bitcoin | Deposited bitcoin lots that did not originate on River. River applies the market price at the time of receipt as an estimated cost basis for performance tracking. |
Please note that your estimated cost basis information is provided only for your reference. River cannot guarantee its accuracy and will not report it to the IRS. For the most accurate tracking, we recommend updating your cost basis manually using your own records.
Below is a breakdown of your received bitcoin activity. These labels help you understand the status of your received bitcoin and whether any cost basis information needs review or has already been added.
- Needs review: Received bitcoin that needs a cost basis added.
- Modified: Received bitcoin that you already added a cost basis for.
- Received bitcoin balance: The amount of bitcoin you've received.
- Current value of received bitcoin: The dollar value of all the bitcoin you've received.
| Column | Description |
|---|---|
| Date | Received bitcoin that needs review uses the date it was received on River, while modified bitcoin uses the date you acquired it. |
| Term | Holdings for less than a year are considered short-term, whereas those held for longer than a year are long-term. |
| 24H returns | Your returns over the past 24 hours based on what you paid for this bitcoin compared to its current value. |
| Total returns | Your bitcoin returns based on what you paid compared to its current value since you acquired this bitcoin. |
| Current value | The current dollar value of your bitcoin. |
| Quantity | The amount of bitcoin you acquired. |
| Average cost basis | The average amount you spent per bitcoin at the time of acquisition, including any transaction fees and spread. |
| Cost basis | The amount you spent on your bitcoin at the time of acquisition, including any transaction fees and spread. |
For more information on how to manually add cost basis information for any deposited bitcoin lots, please see this Help Center article.
River does not provide investment, financial, tax, or legal advice. Please consult a qualified professional for guidance on your performance and how your financial results apply to your specific situation.