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Author Topic: How to calculate profit  (Read 1500 times)
usekevin
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April 15, 2018, 03:16:16 PM
 #41

Buddy. Now the price of bitcoin is lesser than 10,000$.If you had dollars to inverse. Inverse in bitcoin.Because we know that it already crossed 10,000$.If you want profits in future you can inverse. But you have to hold your bitcoin to  get profit from it.Patience is the key role to succeed in trading. It may be Bitcoin or altcoin, you have to hold it.

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April 15, 2018, 03:19:56 PM
 #42

This question was very easy to answer, to compute for the profit, just compare the acquisition price or the price when it was purchase with the price when it was sold. Note, it should be sold, if not yet then it is not considered profit, it was still unrealized gain.
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April 15, 2018, 03:20:46 PM
 #43

maybe you do not know! When you sell and buy, you are subject to a small fee. And if you use USDT then the fee for it is quite high compared to you exchange coin with coin. Also, when withdrawing and recharging, a fee is charged. This fee is fixed, so when investment small it's a pretty big deal.
Wishing everyone a successful investment!
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April 15, 2018, 03:38:42 PM
 #44

thread starter maybe dont understand mathematic. buy and sell at same price and he still ask about his profits.you need to avoid investing in crypto if your knowledge like this.
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April 15, 2018, 03:56:28 PM
 #45

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 make the parable isn't like that thus there is no rise at all? If the price of the initial time you buy down then back up onto the price won't get profit at all from what you invest because its value is fixed.

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arthur25
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April 15, 2018, 03:58:25 PM
 #46

What are you tryin to say? 100$ is far than 10,400$.
Maybe I miss up my mathematics calculation.
Or you should try to elaborate your concern.
ajochems
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April 15, 2018, 04:25:23 PM
 #47

It's very easy to calculate the profit in the price of bitcoin and other cryptocurrency.You have a habit of making a note.I had separate spreadsheet to make a not of brought price .I use to buy at different stages, to avoid loss .I use  to made this.Honestly, it made me to get more profit.



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Kambala07
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June 03, 2018, 04:49:57 PM
 #48

Suppose an android phone purchased at a price of Rp.2.000.000, - then resold at a price of Rp.2.300.000, -. Then sales profits can be calculated in the following way.
Profit = 2,300,000 - 2,000,000 = 300,000
So the sales profit is Rp.300.000, -
alhaji142
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June 03, 2018, 05:02:01 PM
 #49

Just found a cool online calculator whiles browsing through bitcointalk. you can check it out http://myprofitcalc.com/vypocet1.php?procenta=202&nakup=2000
lang shao
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June 04, 2018, 04:49:34 AM
 #50

Calculate profit by following below steps:

1 Start with a value for your business's total income.
2 Calculate your business's total expenses for the accounting period.
3 Subtract the total expenses from the total income.
4 Note that a negative value for profit is called a "net loss".
5 Consult a business's income statement for revenues and
   expenses.
kive2k
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June 04, 2018, 08:20:20 AM
 #51

Forecasting anything on the crypto-currency market is meaningless, the price for bitcoins and crypto currency is too variable.
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June 04, 2018, 08:38:22 AM
 #52

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?
Well, in calculating our profit we must keep to our mind the value of the coins when we buy it. For example you buy your coins  with the value of $10,400 so supposed to be if you wanted to earn profit from it you need to wait the right time to sell it which is the perfect time to sell it when it becomes much higher value than the its value when you buy it. It suppose to become $11,000 and up so it considered as profit. The most important thing is you need to have your own bracket or limit when it comes in earning profit so you can recognized in yourself if it's the time that you will sell your coins.
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June 04, 2018, 09:00:05 AM
 #53

I strongly advise you not to enter this world if you are not able to calculate profit and loss by yourself.
manismanja
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June 04, 2018, 11:51:19 AM
 #54

if you only have very little trading capital and you buy a very expensive coin, of course you will be difficult to calculate the profit you get. you better have 50% capital from coin price you want to buy.

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foxbat
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June 04, 2018, 12:06:39 PM
 #55

if you only have very little trading capital and you buy a very expensive coin, of course you will be difficult to calculate the profit you get. you better have 50% capital from coin price you want to buy.

that is also a good thought! However, it would be better if you calculated the profit by percentage. It will most accurately reflect what you achieve. This is the calculation of all traders
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June 04, 2018, 12:12:10 PM
 #56

I strongly advise you not to enter this world if you are not able to calculate profit and loss by yourself.
I think he is asking how to calculate,it menas in terms of what.We always have to calculate in terms of satoshis because that is what we have to calculate our crypto currencoes but many of us are confusing it with the USD and imagining we lost it.
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June 04, 2018, 12:21:33 PM
 #57

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 bought at $10,400 and then sell at $10,400 that is break even, no loss no profit. But for example, you bought a crypto with $10 and sold it at $25 then your profit is $15 ($25-$10=$15 profit).
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June 04, 2018, 03:51:30 PM
 #58

I thought now the topic will be a discussion of how to correctly calculate your profits, in bitcoins, in dollars or etherium, but here's another situation Grin Grin Grin
A man sold and bought bitcoins for the same price. I don't understand one thing, why try to trade bitcoin with a budget of $ 100. I would buy and hold altcoin for several months.

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June 04, 2018, 04:08:25 PM
 #59

I strongly advise you not to enter this world if you are not able to calculate profit and loss by yourself.
I think he is asking how to calculate,it menas in terms of what.We always have to calculate in terms of satoshis because that is what we have to calculate our crypto currencoes but many of us are confusing it with the USD and imagining we lost it.

The easiest way to calculate the profit in cryptocurrency is less the total earning from the investment this is the easiest way to calculate the profit in Bitcoin and other cryptocurrencies

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June 04, 2018, 05:55:28 PM
 #60

I think you don't get any profit at 50$ raise.Buy bitcoin at 10,400$ and hold it till the price of bitcoin reaches 11,000$.Then sell that bitcoin,you will some huge profit.Atleast you will get 550$+ profit from this trade .Some of dollars will be reduced for Mining fee.
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