Never had experience with forex trading but it looks like you talking about a unit? In Bitcoin, the unit they use is BTC, mBTC, and sats. If you want to learn more about Bitcoin units then check this link below
- Satoshi unit explained
If you want to calculate or monitor your coins/tokens why not use a tool or app like CryptoMarketCap it should calculate your profit or loss.
Topic: How do you calculate pip/point movement in crypto? (Read 80 times)
In crypto market, you don't have to mind about pip /point.
You must do your research about leverages, liquidation formula and trace on price charts about past likely liquidations. When you can detect past liquidations, you will have to do one more thing. Look at further past to see from what entries, people likely were liquidated around prices you detected on chart.
It will help you to calculate potential good entries around where people likely will be liquidated. They get liquidated but you get a good entry price.
They get liquidated by using leverage so you should not follow them, to be safe.
You must do your research about leverages, liquidation formula and trace on price charts about past likely liquidations. When you can detect past liquidations, you will have to do one more thing. Look at further past to see from what entries, people likely were liquidated around prices you detected on chart.
It will help you to calculate potential good entries around where people likely will be liquidated. They get liquidated but you get a good entry price.
They get liquidated by using leverage so you should not follow them, to be safe.
Crypto is not Future Trading, leverage or Precisely Forex Trading, exept you wanna go into forex trading.
Lets for instance, if the price of Gold is trading @1660 and price increases to 1690 , (1690-1660=30) that is a 30 pips movement and you times (x) it with your lots size for example 30×0.1 that will give you a $3 dollar profit and if 30 pips down from the entry price verse versa, so in crypto you just minus your buying price (Entry price) from the current price of the particular coin and you will know if you're in profit or lose
Lets for instance, if the price of Gold is trading @1660 and price increases to 1690 , (1690-1660=30) that is a 30 pips movement and you times (x) it with your lots size for example 30×0.1 that will give you a $3 dollar profit and if 30 pips down from the entry price verse versa, so in crypto you just minus your buying price (Entry price) from the current price of the particular coin and you will know if you're in profit or lose
Is it really a concept worth investing into learning how to user for bitcoin in any way? I'm not even aware of crypto Exchanges managing the concept operationally.
Used in forex, not in crypto, it tells about price variation as NeuroticFish has commented about it. Not necessary in crypto because crypto is highly volatile in price if compared with fiat like USD, unlike when comparing two strong fiat currencies like USD/GBP in which profit from traders can be in decimal price variation (I mean price fluctuating in decimal, low volatility). Not necessary at all. 
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I don’t know how much of a thing pips are in crypto trading. They are used in Forex trading, but I don't recall seeing it mentioned much in the context of bitcoin nor cryptocurrency (a forum search over the past 3 years barely brings back any references, and most are related to other contexts).Is it really a concept worth investing into learning how to user for bitcoin in any way? I'm not even aware of crypto Exchanges managing the concept operationally.
How do you calculate pip movement in crypto? if I buy $500 of a coin valued at 0.0050 how many points/pips will it go up? same go for a coin valued at 0.00050?
Unless I misunderstood something, pip (percentage in points) is not related to the amount you buy, it's about the variation of the price.
And how much the price go up and down, you cannot tell only from the amount you've purchase(d). For example the available liquidity is a big factor too.
Hi everyone
How do you calculate pip movement in crypto? if I buy $500 of a coin valued at 0.0050 how many points/pips will it go up? same go for a coin valued at 0.00050?
Thank you
How do you calculate pip movement in crypto? if I buy $500 of a coin valued at 0.0050 how many points/pips will it go up? same go for a coin valued at 0.00050?
Thank you
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