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Topic: How to calculate profit - page 10. (Read 1454 times)

newbie
Activity: 140
Merit: 0
June 06, 2018, 11:38:04 AM
#93
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?

Nothing if you sell them back at $10,400  Roll Eyes you will rather have to pay some fees for the trades. Ok, I know it is a typing mistake, so I'm just messing with you.
You can calculate your profit by the grown percentage of price. Let's say if the price is at $10k and you invest $100, and the price gets a little movement to reach $10,100 by tomorrow. It means the price has grown 1% since you invested, so your profit would be 1% of what you invested, which if you've invested $100 would be $1. All you need to do is to remember the starting price and then see the current price at the time of selling and then calculate the percentage of growth. Apply that percentage to your invested amount and you will come to know how much your investment have gained by now. It is actually quite complicated but you can do it if you know basic mathematics.

you'd equally have to factor in exchanger fees with most set at 0.5% thereby cutting the profit to 0.5%
full member
Activity: 448
Merit: 100
Lets Go Adab
June 06, 2018, 11:35:51 AM
#92
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?

Just multiply your current bitcoin holdings to the number of the price today or the value of the bitcoins then you can get the computation of your profit that easily.
newbie
Activity: 126
Merit: 0
June 06, 2018, 11:31:19 AM
#91
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 you sell at a price when you buy, you will lose a small amount. That is the transaction fee on the exchange. If you use Bittrex exchange, you will lose more transaction fees than Binance exchange
member
Activity: 1204
Merit: 38
June 06, 2018, 11:28:33 AM
#90
I think that you did something wrong that's why you earned so little money but maybe this was just bad luck. I don't have a calculator now with me but it seems that the profit is less than $40. It seems to me that it was bad experience

Calculating the profits are very simple you can list the profits by using this way  subtract the total that you have your nerdy from investment with how much you invest in it simple way to find the profits that you have earned
full member
Activity: 504
Merit: 102
June 06, 2018, 11:23:47 AM
#89
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?

What? Why would you sell it for an equal price in the first place? You will be deducted by fees because of that.
jr. member
Activity: 154
Merit: 1
June 06, 2018, 11:16:24 AM
#88
You earned $4 within that certain period of time.




I think you have to learn how you can maximize your money while trading so you have to learn about candle charts or how to read charts, how to decide what price we should sell or buy depending on the history of the market or judge your decision while understanding the real demand and supply in certain crypto currency markets, the more you trade the more experience you will accumulate and the more profits you get so do not hesitate to make mistakes.
I do not get you, it's just simple math even you've taught in your math class.
newbie
Activity: 154
Merit: 0
June 06, 2018, 10:48:13 AM
#87
You minus the value you get from selling and then minus it on the 100$ that you used to buy bitcoin. Let's say when you sell the btc you had from the 100$ that you invest is 200$ then 200$-100$ equal to 100$ therefore your profit is 100$. That is one way to compute for the total profit you had for your investment.
The calculation of profit is as simple as we think it is the selling price minus the purchase price, then we will have a certain deviation or also the profit we get from the investment bitcoin or other currencies
jr. member
Activity: 137
Merit: 1
June 06, 2018, 10:38:41 AM
#86
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?
look at your buying and selling prices if you buy at $ 10,400 and sell them at the same price you will not get any profit. it looks like you are bad at investing. my advice if you want to get profit in investing you have to buy when the token price at the lowest peak and hold until the token price is higher than the initial price you buy. for example you buy a coin at the price of $ 10k and you sell it at the price of $ 11k you will get profit, from the money you invest.
full member
Activity: 420
Merit: 101
June 06, 2018, 10:33:27 AM
#85
Perhaps you misjudged the value, if you want to feel your profit, we have to focus from your capital. Record each day of capital + profit hat you got. Then your $ 100 start-up capital and you have $ 10 profit. Then your capital tomorrow $ 110 and so on. When we make a profit on that day you should be grateful for it, don't feel greedy no matter what. The target that day for you enough and continue tomorrow. But when you get a profit don't buy coins right away tomorrow to start again with another coins that potentially pump.
newbie
Activity: 98
Merit: 0
June 06, 2018, 09:47:58 AM
#84
in investing the initial purchase or basic capital as small as possible in the trade for the next day can be sold at high prices therein lies the advantage gained
member
Activity: 375
Merit: 18
send & receive money instantly,w/out hidden costs
June 06, 2018, 09:27:32 AM
#83
Look what the price of buy and sell. Seems you have nothing to gain, buying and selling atvthe same price will not cause any profit. If you want investment look for a cheaper one that has a high possibility to go pump. Then sell  more than your buy order to make profit. Note  that dont buy any currency without good basis, to avoid scam or lost of money
sr. member
Activity: 1554
Merit: 260
June 06, 2018, 09:09:54 AM
#82
So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?
You just wrote that you invested when coin was at 10.400 and you sold at the same price so you didn't earn anything, you need to buy lower and say higer, like you buy when it was 10k and you sell when its price was 11k$.
member
Activity: 324
Merit: 10
June 06, 2018, 08:22:57 AM
#81
I think that you did something wrong that's why you earned so little money but maybe this was just bad luck. I don't have a calculator now with me but it seems that the profit is less than $40. It seems to me that it was bad experience
member
Activity: 293
Merit: 10
June 06, 2018, 08:18:08 AM
#80
I m not great mathematician but I agree with the last post where the person calculated the profit 4$, seems not much. I think that you need to reconsider the strategy you used as it doesn't work well and you will not earn much
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
June 06, 2018, 08:15:50 AM
#79
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?
For me,i dont calculate my profit instead ill make sure that every trade i made i gain even small amount from that i know my funds is increasing.because here in crypto we only Gain or Loss everytime we sold our coins not when we are holding this
member
Activity: 238
Merit: 11
June 06, 2018, 07:57:56 AM
#78
Nothing.
It is simple subtraction, basic math. I hope that your number is a typo, that is literally obvious. A price of $10k for bitcoin is not even a good opportunity to buy them if in this timeline and is a bad idea to even sell it at the same price, always try to be patient for most time possible.
full member
Activity: 243
Merit: 101
June 06, 2018, 05:13:06 AM
#77
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 you make the parable isn't like that thus there is no rise at all? If the price of the initial time you buy down then back up onto the price won't get profit at all from what you invest because its value is fixed.
Just buy Bitcoin in a low market where the price of your targeted coin is low and affordable for you so that you buy the coin. If you have savings and want to put in the market then put all your savings in low market which will give you coins in large amount or quantity. This market will lead you and will shift you into a high market which will show you the price and worth of you coins as profit.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 05, 2018, 08:18:54 AM
#76
1 btc is equal to 1 btc... irrespective of usd price of btc...


If you holdling for long term, you dont loose and you dont gain... because 1 BTC equals 1 BTC
That's irrelevant, he wants a computation on it.
Buying $100 worth of bitcoin @$10,400 will give him an estimate of 0.009BTC and let's say it moved up to $11,000 his $10,400 worth of bitcoin will become $105 so the profit is quite low if he only holds a very small amount of bitcoin.
jr. member
Activity: 112
Merit: 1
June 05, 2018, 06:55:04 AM
#75
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?
To determine if you are already earn profit it is better that you know what is your starting value. Like what you said, you buy that coin for just $10,400 so if wanted to know that you already gain you need to sell that coin in much higher value than $10,400 so supposed to be it should be $10,500 and up therefore you can earn to that by $100 and up. It is much better if you patiently wait for the right to sell it when it will be double or triple or maybe much more than that so you can able to gain much higher profit.

If you invest $10,400 and sell it higher than your investment you can gain profit with your investment but if you sell it lower than your investment you gain nothing and losing your investment. It is very simple strategy mate to calculate with your profit. Just look like this output(investment sold) minus input (investment) $11,000 - $10,400 = $600 or 5.8% your profit with your investment.
sr. member
Activity: 546
Merit: 250
June 05, 2018, 04:44:48 AM
#74
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?
To determine if you are already earn profit it is better that you know what is your starting value. Like what you said, you buy that coin for just $10,400 so if wanted to know that you already gain you need to sell that coin in much higher value than $10,400 so supposed to be it should be $10,500 and up therefore you can earn to that by $100 and up. It is much better if you patiently wait for the right to sell it when it will be double or triple or maybe much more than that so you can able to gain much higher profit.
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