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Author Topic: How to calculate profit  (Read 1452 times)
Dudeperfect
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June 28, 2018, 10:25:39 AM
 #181

It seems that there is some technical mistake from your side but still if you are confident about buy and sell figures, then you will not only earn any profits but you will lose your money and time due to the expenses occurred during this trade process. There are some invisible costs which take place while buying and selling as well as depositing and withdrawing funds so in this case, you might have to pay some amount out of your pocket.
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cheann20
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June 28, 2018, 10:38:58 AM
 #182

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?

How can you make profit if you do buy and sell into same amount?
Well It 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.
Calculating profit is quite easy. Basing on your example, you can't say you want to calculate profit, but losses instead. Because you bought $100 when the price is $10,400 then you sold your 100 minus transaction fees, when the price is also 10,400.
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June 28, 2018, 11:57:07 AM
 #183

Perhaps to be clearer in the counter you have to determine exactly what price you make the purchase, then you calculate what percentage of your capital ratio with the position of purchase price, then after you get what percent of your capital then multiplied by the price position where you will do the closing. .... Taaadaaaa .... Then comes the amount of your profit
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June 28, 2018, 11:59:54 AM
 #184

Perhaps to be clearer in the counter you have to determine exactly what price you make the purchase, then you calculate what percentage of your capital ratio with the position of purchase price, then after you get what percent of your capital then multiplied by the price position where you will do the closing. .... Taaadaaaa .... Then comes the amount of your profit
That is not included with the transaction fee, I can not hurt because the transaction fee of each market is different
xandra
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June 28, 2018, 12:22:57 PM
Last edit: June 28, 2018, 01:17:41 PM by xandra
 #185

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?
If you want to get a real profit why selling it on the price you bought it? Why not try to put more patience to wait until bitcoin hits $20,000 or more?? don't be a panic seller mate if you want to get big profit because if you sell it in that price for sure you will regret it . Anyway my to answer your question is you will LOSS .

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June 28, 2018, 12:36:09 PM
 #186

In order to calculate what you gain from your investments,  just simply do the simple mathematics. Just subtract your capital from the total amount you have from selling your tokens. That's it.

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June 28, 2018, 07:32:33 PM
 #187

Maybe it would sound silly, but I Consider my earned money only that that I have in my pocket. While it is still on the screen, I don't consider it as I have earned it. It is very much easier.
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June 28, 2018, 08:18:12 PM
 #188

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 dont profit. You will pay for gas even but why sell? If you bought it at this price why sell in the same price? What is your goal in buying it in the first place? If your goal is to play its ok but for the purpose of investment you gotta think 100x before letting it go from your wallet.

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nelsledma
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July 03, 2018, 10:26:40 AM
 #189

Perhaps to be clearer in the counter you have to determine exactly what price you make the purchase, then you calculate what percentage of your capital ratio with the position of purchase price, then after you get what percent of your capital then multiplied by the price position where you will do the closing. .... Taaadaaaa .... Then comes the amount of your profit
That is not included with the transaction fee, I can not hurt because the transaction fee of each market is different
There is no doubt that every forum or exchange meant for transactions is having their own terms and conditions. You need to choose the one which suits you and supporting the coins you are having in wallet. In order to measure your profits, it is worth considering the services of excel. You can make a sheet there and use simple formulas to keep track of your profits and losses. This is what I do.
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July 03, 2018, 11:08:14 AM
 #190

Make a plan on buying a coin in a specific amount and sell it in your preferred amount that way you will easily calculate your income and that's best when it comes to day trading because everyday you will monitor your earnings and you can easily know how much you earn that day. While on the other side long term holdings needs time to fully see a good amount of profit so maybe you will forget how much you bought that coin, but of course if you do a note you will calculate too.
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July 03, 2018, 11:17:13 AM
 #191

If you're very lucky and you will be able to sell without taxes 10 then 300 will be your profit, as the 100 you have already invested.
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July 03, 2018, 11:45:06 AM
 #192

What will be in your hands after paying taxes, then your profit will be.
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July 03, 2018, 12:07:35 PM
 #193

Your profit is 10300$.
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July 03, 2018, 12:44:48 PM
 #194

You have $ 100, you buy Bitcoin at $ 10,400 then sell back at the same price $ 10,400. continue from where you can make a profit, that there will be a loss because it has lost transaction costs when you make a sale and purchase bitcoin. if you want to make a big profit, you have to sell your bitcoin at a price much higher than the price when you buy Bitcoin. and if it's done you then I can calculate how much profit you get.
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July 03, 2018, 01:22:59 PM
 #195

Maybe it would sound silly, but I Consider my earned money only that that I have in my pocket. While it is still on the screen, I don't consider it as I have earned it. It is very much easier.
Nah its not silly instead that reality,because we all know that this is virtual world and all the funds we owe here is only increed until we wirhdraw or converted this to fiat and will be on our physical pocket

Better not to expect more than what we having because the failure is always on the other side
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July 03, 2018, 02:02:02 PM
 #196

If you are not proficient in calculating, you can still calculate if you are profitable even if you are losing money. You can still calculate from the difference in price when you buy and sell it  Undecided




I think Quite enough with the calculations. We all know that it is not the right thing to do. Even if he gets a little, it's just luck. Why not sell it a bit higher? or just HODL until the price goes up. Then sell higher than the original price. The business is bad if you keep doing it.
There is no profit if you sell for a price when you buy it. There is money lost if you do that. Always remember that there is a charge when you transfer so that the $ 100 you use will decrease if you sell it. You will only get a profit if the btc price will go up.
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July 03, 2018, 02:43:04 PM
 #197

how to calculate the profit by looking at our income results, and also can be seen from the results of our work, if we profit so much we can compare our work to our own income, surely we can also know we profit what the loss.
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July 03, 2018, 04:01:49 PM
 #198

It seems that there is some technical mistake from your side but still if you are confident about buy and sell figures, then you will not only earn any profits but you will lose your money and time due to the expenses occurred during this trade process. There are some invisible costs which take place while buying and selling as well as depositing and withdrawing funds so in this case, you might have to pay some amount out of your pocket.
It's needed to understand the grounds before calculating your profits, considering the fees just like what you have said, different fees from depositing, buying, selling and withdrawing your funds, if the increase is not that much then possibilities to lose and not to earned is bigger, I guess before dealing with this business better to know to read more and study everything that are accompanied by trading inside exchanges.
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July 03, 2018, 04:30:43 PM
 #199

I consider my profit in ETH or in bitcoins. I believe in the future of the Crypto currency and only get attached to the Crypto currency

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July 03, 2018, 05:14:21 PM
 #200

When u calculate profit u need to get your stock first then get your profit
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