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Author Topic: How to calculate profit  (Read 1449 times)
BaraxLo
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June 08, 2018, 09:23:42 AM
 #121

So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?
You just wrote that you invested when coin was at 10.400 and you sold at the same price so you didn't earn anything, you need to buy lower and say higer, like you buy when it was 10k and you sell when its price was 11k$.
You will calculate profit if you gain it first, you need to subtract the invested amount from the overall amount after selling the Bitcoin so as to get the profit. In order to get profit you would need to work hard and to survive in this market for long time till the jump of the coin’s value.

Bring improvement in your investment with the passage of time and handle according to the rules and guiding principle so you will not face any loss but profit.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Tukang Becak
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June 08, 2018, 09:41:42 AM
 #122

I think after the price past the buy position then we can calculate how much profit we get, but with market conditions are red and lower than when buying then hold or trading is the thing we have to do.
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June 08, 2018, 10:18:01 AM
 #123

Try to just look on the sell value that you have on your wallet right now and if it grows so you're having a pure profit

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June 16, 2018, 10:28:40 AM
 #124

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.
For someone who is asking such a question, I can bet my last bitcoin that you have just made matters even more complicated for him. Just tell him to subtract the amount he just got in total back from the amount he invested, including all the amount he paid for the transaction and trades in between, and hopefully for a lay man, he should get the idea.

From what I can even see, he is not making any profit since he is selling back for the same amount in the literal sense, but in crypto, he is even making a loss since he is going to be paying some fees in the process.
voztata
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June 18, 2018, 06:09:07 AM
 #125

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, -
Simple as ABC. Unfortunately in the case of the OP, he is not even making any profit at all since he is selling back for the same amount. I would have actually called that break-even but for the fact that he is going to be paying some transaction or trading fee, apparently, he is going to be at a little loss which would depend on the trading fee of the exchange he has decided to use.

This is basics, which anyone should know at this stage and for someone that could open an account on this forum, should simply be a teenager or an adult, and asking this kind of question? #SIGHS!#
StarofBTC
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June 19, 2018, 05:11:03 AM
 #126

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.
What is even there in calculating profit in the first place? I do not even know if some people simply skipped basic mathematics class or something. As long as you invest a certain amount and you get a certain amount back for it, all you have to do is to calculate the difference and that simply gives you your profit or loss as the case may be.

You buy for $100; sell at $200 that is a $100 profit, if you sell for $50 that is a $50 loss. What is so hard there for anyone to even calculate at all when my 5 year old son can easily do that?
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June 19, 2018, 05:22:58 AM
 #127

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?
For me, being a long term investor. Interest in market value and calculation of attainment as well as profitability are necessary. I use the Coin Stats tool from the IOS app. You put them in the portfolio and the data is calculated thoroughly and clearly. You can try them.
- It is very simple, convenient and intuitive
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June 19, 2018, 05:42:06 AM
 #128

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 will not gain profit. It is a negative income. You have been sold it in the same price when you bought it. You gain negative income because you r total capital in the beginning it lower after you sold it because you will pay for the transaction fee when you sold you coins.


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Ronaldcoin2017
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June 19, 2018, 06:37:55 AM
 #129

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 will not gain profit. It is a negative income. You have been sold it in the same price when you bought it. You gain negative income because you r total capital in the beginning it lower after you sold it because you will pay for the transaction fee when you sold you coins.
I think you will not lose a capital if you sell it with the same price when you buy it, but you will really lost time  maybe we don't feel that we are losing time but that time is really important specially when you are holding it with a couple of months or maybe years time is really been wasted.
iamike
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June 19, 2018, 07:39:56 AM
 #130

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 really don't get what your statement but in terms of calculating your profit on investment what you need to do is to subtract your principal from the income you made from your investment. If you want to know the percentage increase then you divide your profit by the total income you made and multiply it by 100.
For example; you bought a coin at $100 and sold it at $300. Your profit would be $300-$100=$200
The percentage of profit  will be (200/300)×100%
Umar001
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June 19, 2018, 08:12:17 AM
 #131

To calculate profit, is simple as ABC, when you take your total sales from your total investment the results would be profit or loss, the margin between buying rates and selling is or profit, example, Mr A buy bitcoin at the rate of 7$  and sell it at rate of 10$, the 3$ is your profit
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June 19, 2018, 08:21:37 AM
 #132

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 sell it at a price of $ 10,400 you will not receive any profit because you also bought it at $ 10,400. So you should wait for it to come up and sell there. But just be careful because if you are a short trader you need to watch the price overnight to avoid further collapse.
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June 20, 2018, 05:55:34 AM
 #133

Just found a cool online calculator whiles browsing through bitcointalk. you can check it out http://myprofitcalc.com/vypocet1.php?procenta=202&nakup=2000
Online calculator for calculating profit? You all will be kidding me. I guess like they have said before that digital age will actually make a lot of people lazy and unintelligent that they will always rely on tools to do calculations for them. This is a simple calculation that obviously does not need any online calculator.

Simply just subtract your revenue from your initial capital, but in that case, that is even when someone like the OP knows the difference between the two.
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June 20, 2018, 06:02:43 AM
 #134

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?

Its zero. It doesn't make sense if you buy at same price and sell at the same price again. Its a simple math, if you bought your coins at 10400 and then later you sold them at lets say 11,400 then it is around 10% rise in the value from your break even point. Thus you are +10% in your portfolio and thus is eligible for that much profit. If price moves by that window then your profit is also $ 10 over 100 which is nothing but the 10% again. So you only get profits when it is going upwards and you loose when the prices going down your break even point. BEP is event where there is neither profit nor loss.
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June 20, 2018, 07:12:40 AM
 #135

Try to just look on the sell value that you have on your wallet right now and if it grows so you're having a pure profit
You will get maximum profit if you invest in a profitable currency and you will get the most benefit from your investment. On the other hand you will get low profit with other investments as compared to the profit from Bitcoin. It is very easy to enter into the market of Bitcoin once you get enough knowledge of the market and the rules and principles involve.
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June 20, 2018, 08:16:00 AM
 #136

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
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June 20, 2018, 08:30:58 AM
 #137

Strange arithmetic-to sell at the same price as bought.. Definitely on various transfers and transactions with the input and output of funds you will only lose. Either wait for the price increase to earn, or do not haggle at all! If you do not understand when to buy and when to sell, do not follow the market or financial news, then what have you forgotten in the world of trading?  Roll Eyes
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June 20, 2018, 10:15:09 AM
 #138

Calculating profit is so easy and you just need a calculator and also the formula that you will be using in order to determine the 'net profit', yes net profit in order to determine the exact profit that you made and not the gross profit only. You just need to minus the capital to your gross profit and that will become your net profit.
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June 20, 2018, 10:55:00 AM
 #139

If the digits are the same, then probably you dont profit, and you dont loss either. I know it sounds odd because its computing a profit is common sense, but this is a tips on determining your profit. If your investment increases in value, less tax , (actually depends on the country, some doesnt have, some have) then thats your profit.

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June 20, 2018, 11:15:21 AM
 #140

There is also fees in this and then you have to pay tax as per your country rules. So you might not be left with much profit.
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