Example: I buy $500 worth of Bitcoin at $8600 and the price then goes to $8800. How much have I made? Can you please show example so I can calculate going forward. Thanks you!!

Since Bitcoin has rise from $8600 to $8800, that's a rise of (8800-8600)/8600 = 200/8600 = 0.02325581. That's 2.32% rise.

So you have made 2.32% of $500, more exactly 0.02325581 * 500 = $11.63

BUT. This doesn't take into account the various fees. So if you buy/sell at exchange you have to subtract those fees from your earning. If you also have a withdraw from exchange in this you may actually get nothing (since withdraw fees are still unreasonably big).

I guess I'm not the only one confused, since first reply had me at +$100.

This IS confusing!

So let me ask you this, since quite obviously, math is not my strong suit and you seem proficient. Could you give me the formula for an excel spreadsheet? And let's leave fee's out of the equation, since if I was trading BTC, I would do so on GDAX, where there are zero fees.

Let's say Column A is labeled Volume Bought: 0.02325581

Column B is Current Price: $8800

And so on, and feel free to change the column labels appropriately. What would the formula be to show profit/loss?

Thank you for sharing your skills!