How should you measure profits? | Bitcointalksearch.org

Koro-Sensei

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Quote from: cryptoDARO on December 16, 2017, 06:04:12 AM

Should we measure our investment returns in fiat or in BTC? Does it only depend on when you want to cash out in fiat?
I've been measuring my investment returns in fiat, and it was almost always going up. But when it comes to BTC it actually went down. Should we cash out our alts into bitcoin and accumulate more?

If you're interested in the topic and have similar dilemma, then I recommend you watching this video: https://www.youtube.com/watch?v=FkKYuoRg6jM

Calculate every piece of it and multiply it by the value or price. Dont know how to put it right in words though but i have some calculations about how to identify the huge or potential profit from it. If lucky it would be doubled or tripled. Measure it by 1 or the equivalent of every piece of it and multiply it by your target price.

BabatundeM

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I think profit should be measured in relation to the amount initially invested.

adzino

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You should measure profit based on bitcoin, not USD or any FIAT when trading. But if when cashing out you should think about FIAT/USD. The price fluctuates a lot so measuring profit in fiat is absolute. But it depends on peoples preference. Some people likes to measure profit based on fiat, so if they do make more btc they end up with less fiat due to price fall. The vise versa applies too.

KingKrypto

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Quote from: cryptoDARO on December 16, 2017, 06:04:12 AM

Should we measure our investment returns in fiat or in BTC? Does it only depend on when you want to cash out in fiat?
I've been measuring my investment returns in fiat, and it was almost always going up. But when it comes to BTC it actually went down. Should we cash out our alts into bitcoin and accumulate more?

If you're interested in the topic and have similar dilemma, then I recommend you watching this video: https://www.youtube.com/watch?v=FkKYuoRg6jM

Myself I measure profits in USD. It's easier for me to monitor my money this way. It' harder for me to know how much money I have when there are 14, 89 or 100 BTC in my balance (this was just an example, I don't have that much).

mangkanor

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My aim is to have more btc's not to gain more usd,because satoshi flactuates and usd doesnt.

RNGfight

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In my opinion, it should be denominated in French currency, because I am buying the cryptocurrency via fiat money, and eventually I will change it to legal coin, so I should use the legal coin to calculate it.

cryptonero

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If you aim to get more BTC as many as you can you should measure it in satoshis instead of fiat.

GraciousBanshee47

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Measuring it by percentage is the best way to do so. Measuring gains via Fiat conversion doesn't accurately say how well you did on your trades.

lakimens

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Current portfolio value - initial investment, in USD of course.

Trimegistus

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I'll keep on measuring my profits in fiat because that's what I use to sustain my daily life and common expenses. The income generated from mining, staking and trading is converted to fiat to pay for my bills.

If there will come a time when I can pay all my bills directly in crypto without the need of a prior conversion to fiat, them I'll star measuring exclusively in crypto.

Until then, fiat is still the reference for me.

cryptoux

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I measured it in satoshis not in usd,because sats are decentralized it can still grow while fiat like usd has fixed value.

xaviervilla

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An experienced investor that has been in the cryoto world for quite some time already will surely be choosing to measure profits in terms of bitcoins. Since it is what we commonly use to invest in altcoins. Bitcoin's price may drop and rise whem you compare it to fiat since it has great volatility. So if you measure profits in bitcoin, you will surely have great insights as to wether you made great profits on a good investment of not.

yonghongtang

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I think we should measure our investment returns in fiat, but we often hold some of our investments when measuring , we can't sell them all if we want to play in this game .So we can't figure a exact number cuz the price is changing every second.

linkHA

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As a matter of fact, it should be calculated according to the legal currency, since you are buying it in French currency, so it is reasonable to calculate the price according to the legal currency.

Lanatsa

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Quote from: cryptoDARO on December 16, 2017, 06:04:12 AM

Should we measure our investment returns in fiat or in BTC? Does it only depend on when you want to cash out in fiat?
I've been measuring my investment returns in fiat, and it was almost always going up. But when it comes to BTC it actually went down. Should we cash out our alts into bitcoin and accumulate more?

If you're interested in the topic and have similar dilemma, then I recommend you watching this video: https://www.youtube.com/watch?v=FkKYuoRg6jM

It would normally go down if we do always see or check it on bitcoin form since the value had risen up which it would really decrease in value on btc form.This is why i dont really bother at all to see on btc which i do always see on usd because i can able to track on the profits i do made. This is only my own view and habit regarding on my profits. For sure there are still lots of investors who would always stick on btc conversions.

NelfiNovita

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Quote from: cryptoDARO on December 16, 2017, 06:04:12 AM

Should we measure our investment returns in fiat or in BTC? Does it only depend on when you want to cash out in fiat?
I've been measuring my investment returns in fiat, and it was almost always going up. But when it comes to BTC it actually went down. Should we cash out our alts into bitcoin and accumulate more?

If you're interested in the topic and have similar dilemma, then I recommend you watching this video: https://www.youtube.com/watch?v=FkKYuoRg6jM

I measure it from bitcoin because bitcoin prices continue to increase, then you will get more profit if you entrust your investment in bitcoin, because many people believe in bitcoin, because that's the value is always increasing.

KuromaYoichi

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I always measure my profits from trade in againts btc because i used btc to buy it, if i measure it againts usd sometimes it's profit while the value againts btc goes down and that means it's better for me to leave it in btc rather than doing the trade. The only trade that i measure in usd / fiat is bitcoin because i use fiat to buy it at my local exchange.

ZloiRediska

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I mean accounting for my finances in both bitcoin and fiat. it's just that I do not at all render anything and lead the table simply to know how my position is. while investing in altcoyne, my cryptofortal fell into bitcoin and grew up in Fiat.

Mister1k

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Quote from: NelfiNovita on December 22, 2017, 09:45:38 AM

I measure the profit from rising market prices if the price is always up I will be faster to invest so that in the future I get more profits because the price is steadily increasing.

This is universal thumb rule about investment and returns. You will find the traders always following up the price growth in the chart and keep on investing on the bumping crypto currencies. That following the concern the crypto is the matter for all the investors.
I do have sets the price alert for a week of time completely. Once the price bump or dump, I use to get the notification from the site made with it. In my mobile. That is enough to check about mine.

NeverSop

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HODL

Quote from: reypinioco on December 21, 2017, 03:39:29 AM

when you a buy a coin worth .00001 satoshi for 100 pieces and it pumps to .00003 you have clearly a 200% profit if you sell it right a way do not measure your profits in usd measure it in satoshi because our goal is to trade alts to get more btc thats why you need to calculate it in sats.

I usually evaluate profitability when investing in altcoin by converting the bitcoin value at the time of investment and when I sold it. If you buy altcoin at a low price and you sell it when it goes up, while the bitcoin also increases at this point, you will get two profit margins at the same time.

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