How to calculate profit

[SlavicSquats]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

[Alone055]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

Nothing if you sell them back at $10,400   you will rather have to pay some fees for the trades. Ok, I know it is a typing mistake, so I'm just messing with you.
You can calculate your profit by the grown percentage of price. Let's say if the price is at $10k and you invest $100, and the price gets a little movement to reach $10,100 by tomorrow. It means the price has grown 1% since you invested, so your profit would be 1% of what you invested, which if you've invested $100 would be $1. All you need to do is to remember the starting price and then see the current price at the time of selling and then calculate the percentage of growth. Apply that percentage to your invested amount and you will come to know how much your investment have gained by now. It is actually quite complicated but you can do it if you know basic mathematics.

[darrly]

You minus the value you get from selling and then minus it on the 100$ that you used to buy bitcoin. Let's say when you sell the btc you had from the 100$ that you invest is 200$ then 200$-100$ equal to 100$ therefore your profit is 100$. That is one way to compute for the total profit you had for your investment.

[krishnaverma]

You minus the value you get from selling and then minus it on the 100$ that you used to buy bitcoin. Let's say when you sell the btc you had from the 100$ that you invest is 200$ then 200$-100$ equal to 100$ therefore your profit is 100$. That is one way to compute for the total profit you had for your investment.

Most of the exchanges have records of all transactions you do. However, it is not a good idea to calculate profit for each transaction especially if you are dealing with multiple coins. You should do it every 3-4 months or even more depending on how busy you are. Also, do not ignore that exchange fees and tax involved.

[jak3]

I didn't get you, it's just a simple math even you have been taught in your math classes. You should learn how you can maximize your money making while trading so you have to learn about the candle graphs or how to read the charts, how to decide what price we should sell or buy depending upon the market history or judging your decisions while understanding the real demand and supply in the market of that particular cryptocurrency the more you trade the more experience you will gather and eventually the more profit you going to get so don't hesitate to make mistakes.

[Palmerson]

Is that a joke? With this trade you will earn a loss equal to the Commission for the sale transaction. But if you will be successful in the trade that long you trade you will not. Maybe you should go straight to charity. Get rid of your money and do a good thing.

[bitcoinstress]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

You still get profit but most used for pay the fee. I think if you have only $100, better you use for trade altcoin than choose to trade Bitcoin.

[KwizatzHaderach]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

Seems a loss to me since there is no change in the buying and selling price. You will be paying fees along the way so you need some gains.

Buy - 10K USD
Sell - 11K USD
10% profit or 1K profit
minus fees

true profit.

This is if you are just using USD as indicator of profit, others use btc price movement to better track profits.

[Happyniall]

You earned 0% profit because you sold at the same price you bought.

[w33man]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

I guess you gained nothing because $100 is just a small chunk of bitcoin and if ever you had some profit, I am sure that the fees would just have eaten all of it. I think it is not good to make a short trade if you are just going to put up a little amount. Maybe if you would invest that money in to some coins that might cost a lot in the future, just like if you have invested $100 on bitcoin when it first started and held it till today, you would've earned a lot of money.

[Altas]

That's a stupid expectation, have some common sense. Here nothing is new or different from other forms of trading. You have got the assets to be tradeable in the digital form. Same as common things buying low and selling high gets good profit, whereas just buying and selling at the same price won't yield profits.

[Geleve]

if i understand it correctly you bought and sold for the exactly same price. if you bought for 10400 and sold for 10400 you lost money because you paid for fees.  how could you manage to buy and sell in exactly same point

[BillCoin]

If you bought at 10,400 and sold at 10,400 so you earned and lost nothing.
The easiest way to calculate how much profit you have is to double the difference( if you sold in a price that is lower then your buying price, then the difference should be minus, difference is Selling price-buying price). in the amount of bitcoins you purchased.
For an example, at your case it would be 100/10,400(amount of bitcoins purchased) * (10,400-10,400) difference.

[slashz9]

it's easy when your money increases, suppose you invest 100 $ and sell and get 110 $ it's been said lucky .. how can you ask about this. I mean helloo are you not good at counting
not my intention to offend you, but this is a bit outrageous, I think your question is not qualified

[linshuhow]

Calculate by the amount you receive after selling less the amount you've invested.

[dunfida]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

I dont know if those numbers are correct or just purely trolling. How can you make profit if you do buy and sell into same amount? Even just a kindergarten can able to add or minus will able to answer this thing. Basic mathematics is really needed,OP have you already finished elementary? Unless if those numbers are mistakenly written then it would be considerable.

[darkangel11]

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?

You still get profit but most used for pay the fee. I think if you have only $100, better you use for trade altcoin than choose to trade Bitcoin.

Are you on drugs? What profit? He bought and sold at the same price! I believe OP has made a mistake somewhere in his post, because he wrote about buying at 10,400, and selling when it goes up to 10,400. This doesn't make sense.

There are 2 ways of calculating profit. You either aim at getting the most value measured in fiat, or you try to get as much cryptocurrency as possible. Since I'm a believer i'm doing the latter and I'm don't bother to check fiat value too often.

[Wallflower28]

P=TR-TC
Wherein, P stands for profit, TR is for Total Revenue and TC is for Total Cost.
Let say you have $200 capital and you invest in the coin with its price $200 per coin. Fortunately, the coin moves up to $600 per coin.
Solution:
P=600-200
P=$400
By the way, the formula can apply in real computation of profits in other investment such as businesses.
P.S. we cannot see your profit in your situation because the price of the coin you've put is constant. You will not gain or lose when the price does not change.

[NavI_027]

What?! You will buy and sell at the same price? Are you serious? Doing so will cause you losses (due to fees) instead of profit.

If what you mean is that you buy lower than $10,400, assuming $10,000 then here's the solution (disregarding the presence of time), it's like a matter of proportionality.

Input/initial price = output/final price
$100/$10000 = X/$10400

X=$104

Profit = output - input
              $104 -$100
            = $4

You earned $4 within that certain period of time. Willing to be corrected if i'm wrong.

[ballerin and giroud]

Buy - 10K USD
Sell - 11K USD
10% profit or 1K profit
minus fees

true profit.

This example will make you understand how to calculate you profit when you trade, compared with the example you created. So, bitcoin trading is almost the same as buying and selling goods, but in bitcoin you take advantage of the bitcoin price volatile to make a profit. Learn more about trading, with the creation of this thread I'm sure you do not understand how to trade.