Look at it like this :
The graph shows the growth of a commodity on the stock exchange, and you have a opportunity before the rise of the price, to buy some. You need to predict when to sell, before it totally collapse.
So if you bought 20 bits worth and it goes up, and you sell {cashout} before it collapse, you will get your amount of bits, times the value you cashed out on. {Example : If you buy 20 bits and it runs to x1000, and you cashout/sell at say x500... you would have made a profit of 20 x 500 =
10 000 bits {You would obviously subtract your 20 bits}
If you do not sell, and it collapse, you lose everything.
It's easy to work out the bits value ..... just open up
www.preev.com and choose the bits indicator on the left hand side... {The symbol that looks like a u} just type in the amount of bits and change the option to the right to your local currency.
Or you can use their own built in conversion tool in the chat screen... this has been explained in this thread already.