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Author Topic: How to calculate profit  (Read 1137 times)
Streamlink
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August 16, 2018, 08:09:39 AM
 #241

Profit is the difference between expense and income. Just subtract the income from the income and you will make a profit. The profit should be positive. In the performance of any financial transactions, it happens that a certain commission is withheld, this must also be taken into account in the expenditure graph.
In the language of economics we say that one is cost price which is your buying price and another is selling price, if we subtract cost price from selling price then it will give you profit. On the other hand if we subtract selling price from cost price then it is a clear loss. In order to get rid of loss or other problems we must learn first and if we obey all the basic rules and work on principles then there is nothing to worry about and you will get your profit from any investment.
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August 16, 2018, 08:32:48 AM
 #242

If you want to know the profit you have gotten, just substract your principal from the overall money you have accumulated. It is not at all times you can get profit, it demands critical thinking and caution.  
Calculate the profit you need to plan ahead and start observing. How much initial capital? Then check the number of times the transaction is processed. The more transactions, the cost is calculated every time, limited mandate transactions. Finally, the budget will be finalized.
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August 16, 2018, 09:22:39 AM
 #243

To be able to calculate profit, you must know how much is your total capital that you put as an investment, investment less revenue equals profit. Ex. 2000(capital) and 3000(revenue), the answer is 3000-2000=1000(profit).

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August 18, 2018, 05:58:24 PM
 #244

You must get rid of your money and can do something interesting.
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August 18, 2018, 07:26:06 PM
 #245

you buy for $ 10,400. then the price rises to $ 10,800. that is obviously your profit, at the rate of 0,400.
That is why it is so easy, you just calculate the change of the price of your coin and put this amount to amount that you had invested.
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August 18, 2018, 07:27:48 PM
 #246

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?
In the example that you give you got no profits at all, however there are two ways to calculate profits, one is in BTC and the other is in fiat and which one prefers depends on your views, many prefer to view their profits in fiat since they are going to exchange their coins and they want to see how much fiat they earned with their trades and investments, but many people like me prefer to calculate our profits in bitcoin since we are not going to exchange our coins anytime soon.



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Rainbot
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August 20, 2018, 01:16:46 PM
 #247

I think what you are trying to say here is a joke and you can do the trading.
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August 27, 2018, 02:16:21 PM
 #248

in my opinion every sale and purchase transaction there is usually a price difference between the purchase price and the selling price, the difference can be in the form of profit or loss and every time a trader makes a profit usually sells it at a price higher than the purchase price to get profit
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September 04, 2018, 03:02:30 PM
 #249

It easy ..that is when your money increase
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September 06, 2018, 08:32:16 AM
 #250

It easy ..that is when your money increase
Making some money that is called profit or making some products that have price is profit as well. In the crypto world we have the Bitcoin that does more for you if you have investment here then always sell on highest price so that you will get profit. Similarly other best crypto coins are also available and you can make profit here as well, in short diversify your investment so that you may get profits from all sides.

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September 06, 2018, 04:11:18 PM
 #251

To know your profit,you need to to take the principal money from the overall income you have gotten. Has not been easy losing but hope to always earn.

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September 07, 2018, 03:07:28 AM
 #252

You can easily monitor your profit by making observations in the value of your holdings or your balances on which you can notice if it is up or down in a period of time that makes you decide to hold it.
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September 07, 2018, 07:12:16 AM
 #253

It easy ..that is when your money increase
Making some money that is called profit or making some products that have price is profit as well. In the crypto world we have the Bitcoin that does more for you if you have investment here then always sell on highest price so that you will get profit. Similarly other best crypto coins are also available and you can make profit here as well, in short diversify your investment so that you may get profits from all sides.

I do not see any reason why I should calculate my profit. Being a simple guy, I try to work hard. The more you work, the more money you can earn - do not sit idly.

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September 08, 2018, 01:58:48 AM
 #254

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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September 08, 2018, 02:20:45 AM
 #255

I think, to get what's your profit you should less the amount of expenses to the amount of the sum of the total item sold.

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September 13, 2018, 07:48:52 AM
 #256

You know this by computing how much money you invest and less the current value of your portfolio. In the long run its hard to monitor your profit so better to set you target price by this you can easily know your profit.
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September 13, 2018, 08:16:33 AM
 #257

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 I were you, I will not keep on count my profits day by day, I'll just keep hold until I'll surprise my profits after a year I had hold it, just like when you invest bitcoin. Its make you stressed if you always monitor your Investment, unless if you do day trading but now since you're still newbie better for you for long term period.
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September 13, 2018, 08:39:37 AM
 #258

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 if this is done in trading you will not get a profit, even suffer losses, because you lose in paying the fee to make a buy / sell order

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September 13, 2018, 09:59:30 AM
 #259

it just sounds good! Because of this trading you will experience a beat equal to what you get for a transaction in a manner of sale. But when the day comes you will be successful in a long trade. Maybe you should go straight to a charity. Take your money and take on a good thing worthy.
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September 13, 2018, 10:14:28 AM
 #260

I think this is a very basic math operation. To calculate your price you can use formula as simple as . NET PROFIT = TOTAL COST PRICE - TOTAL SELLING PRICE.
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