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Author Topic: How to calculate profit  (Read 1452 times)
udonmez
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July 03, 2018, 05:23:32 PM
 #201

I calculate my profit according to bitcoin price. I used to store them in google docs but these day there are lots of useful mobile apps for this.
mithungee
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July 04, 2018, 06:37:48 AM
 #202

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.
Gaurav11kb
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July 04, 2018, 06:53:49 AM
 #203

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 invested $100 and lets say you sold it and finally got $130. So 30$ is your profit. If you are not selling and want to calculate the profit currently you are in then you check what is the current value of your investment minus the fee you'll pay for trading. Thats your profit.
Johnyz
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July 04, 2018, 07:04:38 AM
 #204

I calculate my profit according to bitcoin price. I used to store them in google docs but these day there are lots of useful mobile apps for this.
Yep, this is the easiest way to monitor your profit, listed it down and simply multiply your current holdings to the recent price of bitcoin. But if you want to use the Apps. try to download Blockfolio, its easy to use and you can surely know how much your profit is.

Your profit is 10300$.
I don't know how you compute this one, but seriously? Lol.
andy_gpu
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July 04, 2018, 07:37:52 PM
 #205

If you sell at the same price or less, it is a loss and not a profit. You need to sell at a price higher than the one for which you bought bitcoin. And then already take profits.
Kapee
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July 04, 2018, 10:41:49 PM
 #206

Are you willing to know whether you lost or gained in your transactions? Always take away the money you invested in from the total amount you have at hand.The remaining becomes your profit. I pray we don't lose after several transactions we make from cryptocurrency.

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Sled
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July 05, 2018, 01:15:58 AM
 #207

I calculate my profit according to bitcoin price. I used to store them in google docs but these day there are lots of useful mobile apps for this.
If you want to calculate for the real profit of your investment then you should not just based it on the price of bitcoin because you can subtract your capital to the overall amount of your holdings or portfolio and that is where you will see the exact profit that you have which they called net profit or you can use blockfolio which is a great app for monitoring all of the coins.
EveryoneMATTERS
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July 05, 2018, 01:34:29 AM
 #208

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?

IMHO
depending on the exchange and tax fee, you will probably be at a loss, you will need it to go to 10,400.00000000000000000000000001 to be in profit anyways

your profit = 0 atm
but you do profit have 100$ as BTC rather than 100$  Grin

how is 10,400 the low and 10,400 the high? LMFAO  Cheesy, thanks for the chuckle I needed that OP.

now how to calculate profit

ending investment (when you sell let us say) = 101
minus initial investment (when you buy let us say) = 100$
minus tax/transfer fees  (let us say 0 for this example)
= profit

101 - 100 - 0 = 1   Smiley
Kambala07
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July 05, 2018, 06:13:32 AM
 #209

To calculate earnings, quite simply as ABC, when you take the total sales of your total investment, the result is a gain or loss, the margin between the purchase price and the sale is or profit, for example, Mr. A buys bitcoin for $ 7 and sells it for 10 $, $ 3 is your advantage.
mithungee
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July 05, 2018, 04:56:35 PM
 #210

You have $ 100, you purchase Bitcoin at $ 10,400 at that point offer back at a similar cost $ 10,400. proceed from where you can make a benefit, that there will be a misfortune since it has lost exchange costs when you make a deal and buy bitcoin. on the off chance that you need to make a major benefit, you need to offer your bitcoin at a value considerably higher than the cost when you purchase Bitcoin. what's more, if it's done you then I can ascertain how much benefit you get.
ipanks
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July 06, 2018, 12:37:21 PM
 #211

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.

when you buy at $10,400 then you need to sell more than $10,400 and maybe you can sell at $11,000 if the price increase higher. but you don't need to be greedy and case a bigger profit because you don't know what will happen later and it is better to take your profit in the higher price than never. I have a bad experience in the past and I don't want to do the same mistake again. and when I can see that my profit is more than 40%, then I will sell my coins and still hold the small part for another higher price.



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rasmusen
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July 06, 2018, 11:28:14 PM
 #212

Your profit is zero. You think wrong. To make a profit you need to buy at a lower price, and sell at the highest price. Yes, you will have to wait, but it pays off.
xyandrobot
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July 06, 2018, 11:47:41 PM
 #213

with $ 100 you buy a coin at $ 10,400 only a small profit you earn. if you buy a coin that has a price of $ 100 or below it you will get a big profit.
shulio
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July 07, 2018, 12:34:30 AM
 #214

buy_amount / buy_price * sell price - commision - buy amount

This formula will give you the profit you will get.
Cinemo
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July 07, 2018, 03:07:04 AM
 #215

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?
To calculate your profit you need an calculator and study more about mathematics of money. The real problem is a new cryptocurrency that the right now. Cause we should not capitalism. Cause bitcoin can be used in a new way for those that bitcoin will be a good job of cryptocurrency and it
kalawang
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July 07, 2018, 04:03:13 AM
 #216

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?
Cause I don't think yes. I even though it is a start of cryptocurrency. I even though it in your own site for the future. I believe that bitcoin and technology, the market. I believe the market will bear with me as I believe the market. I do a good job. I do a good job, and other information that you have a good thing, and other information
juragane
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July 07, 2018, 04:38:46 AM
 #217

to calculate the profit you get you can calculate it from the exchange place directly because there already terterda to give the results of the calculation of the profits you get.

leavolnhals
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July 07, 2018, 04:44:22 AM
 #218

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 think you will not be profitable. Because you have to pay the transaction fee and your capital amount will decrease. Perhaps as you need to learn math better before getting involved in investing. Grin

Bountyl
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July 07, 2018, 05:20:24 AM
 #219

If we talk about cryptology, then it's better to think how not to lose. Because the risk is so great that the newcomer himself does not understand what is here and what. And the profit itself will come. When a few fostsat, and when a thousand.

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July 11, 2018, 08:45:39 AM
 #220

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

Not bad advice but the profit is really zero. That man choose not a good time to invest into Bitcoin or he must wait and hold his coins when the price will be bigger.

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