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Author Topic: How do I know how much profit I make after a coin's value go up?  (Read 114 times)
quickie69 (OP)
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February 19, 2018, 07:30:26 PM
 #1

So confused how to calculate?  Huh
Let's say I invested $100 in a coin that is worth 0.10. Next day, the value goes up to 0.15. does that I made $5 profit from my $100 investment? I don't know how to calculate??  Undecided sorry I know it's a stupid question..
cryptor47
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February 19, 2018, 07:38:43 PM
 #2

Are you serious?  Cheesy Cheesy Cheesy
No, that would mean you just made 50% ($50) on your investment. And yes, this is not crazy, this IS CRYPTO!!!!!!!!!!!  Cheesy
dwarfik
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February 19, 2018, 07:46:49 PM
 #3

Use this calculation:

[Money I have now] = [Money I have invested] * [Coin/token value now] / [Coin/token value when I bought]

Do not use market cap for your calculation - the amount of coins/tokens in circulation may change over time.
Dread Pirate Roberts
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February 19, 2018, 08:04:47 PM
 #4

Lets say you buy "A "coin with price 1 coin : $100 in BTC
and then after 3 days . "A" coin in alot market price 1 A Coin : $127 in BTC 

so you buy 1 coin at $100 . and then it increase to $127 . so total profit you made ?
$27 .

i think its simple math .  Huh
nsasuiteb
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February 19, 2018, 08:49:26 PM
 #5

Please learn some math before investing  Cheesy but you can still make money doing wrong buy and sell orders because most people make more money if they randomly trade  Smiley

ChrisCross86
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February 19, 2018, 08:55:32 PM
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Wow - that is really a beginner question. Easiest way would be to use an app like blockfolio that automatically calculaltes your profits or losses.
needctrl
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February 19, 2018, 09:45:44 PM
 #7

Wow - that is really a beginner question. Easiest way would be to use an app like blockfolio that automatically calculaltes your profits or losses.

I think if this is the case. Problems with basic math.. the guy shouldn't be investing in the first place, best way to loose all your money, definitely.
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