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Topic: How to calculate profit - page 13. (Read 1503 times)

member
Activity: 251
Merit: 10
April 15, 2018, 08:55:07 AM
#32
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 invest 100 $, and you want to make a profit, this is very easy, you have to target how much profit should be earned. and if you want to invest short term you always have to buy and sell and if you buy at 10,400 $, and you should sell it at 11,000 $ / 12.000 $, and this will make you profit.
member
Activity: 350
Merit: 10
April 15, 2018, 08:42:55 AM
#31
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 study math, 1x1 is equal to 1. Then look at your statement, $10,400-$10,400 has nothing to gain. Asking for profit with this dumb question is nonesense.
sr. member
Activity: 714
Merit: 250
April 15, 2018, 08:41:33 AM
#30
I am somewhat confused by this question. I think you are already losing money, you lose money because of lost time, thoughts and transfer fees.
The one who post this does'nt know what he is doing. Before we enter the world of trading we should be knowledgeable about on what amount of profit can we get. We should learned the process and we should always calculate the profit that our effort is all worth it.
sr. member
Activity: 2366
Merit: 332
April 15, 2018, 08:40:02 AM
#29
Profit = output - input
              $104 -$100
            = $4
You earned $4 within that certain period of time. Smiley Willing to be corrected if i'm wrong.

I don't think he has made any profit going by what he has put forward. He has $100 and invested in unit of $10.400 and also resold in such price,  therefore, he made no profit. In fact he lost because in this business of transfer and receive, you are always charged for every transaction made as transaction fees.

Or, maybe his post is incomplete and not clear enough.
newbie
Activity: 84
Merit: 0
April 15, 2018, 08:22:39 AM
#28
From the sale price take away the purchase price. The resulting number will be the result of this trade.
jr. member
Activity: 112
Merit: 1
April 15, 2018, 08:10:06 AM
#27
When starting up a new business,owners often have to prepare a business plan outline that includes financial,operating and sales projections.Because business owners need startup financing and lenders want to review the business plans before they commit any of their money to the startup
newbie
Activity: 140
Merit: 0
April 15, 2018, 04:34:05 AM
#26
I am somewhat confused by this question. I think you are already losing money, you lose money because of lost time, thoughts and transfer fees.
full member
Activity: 364
Merit: 101
April 15, 2018, 04:05:40 AM
#25
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?

Calculating profit is quite easy. Basing on your example, you can't say you want to calculate profit, but losses instead.

Why? Because you bought $100 when the price is $10,400 then you sold your 100 minus transaction fees (so basically that would be a little less than a hundred dollars already) when the price is also 10,400.

Profit = (the conversion of the cuerent price, e.g. $500 at the price of $15,000/btc) - (how much you bought e.g $100 at the price of 10,400/btc + transaction fees)
full member
Activity: 532
Merit: 100
April 15, 2018, 02:52:28 AM
#24
Oh come on,  what kinda question. I think you knew the answer then what profit you wanna calculate for? If you have a little faith for buying btc you don't have to do it,  it will just waste your time.
newbie
Activity: 266
Merit: 0
April 15, 2018, 02:01:43 AM
#23
The total profit is higher than the purchase price. Net profits are available in addition to the indirect income added to the total profit of the business and excluding indirect expenses from it. This is how to calculate the profit.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
March 02, 2018, 12:52:25 AM
#22
I didn't get you, it's just a simple math even you have been taught in your math classes. You should learn how you can maximize your money making while trading so you have to learn about the candle graphs or how to read the charts, how to decide what price we should sell or buy depending upon the market history or judging your decisions while understanding the real demand and supply in the market of that particular cryptocurrency the more you trade the more experience you will gather and eventually the more profit you going to get so don't hesitate to make mistakes.
i dont know from where OP came from,talking just a single trading calculation and cant even compute hes own earning.may OP has a lot of things to do before trading better finish all your homework first because trading is more riskier than what you think,and since computation make it harder from you,so what more in the future than you will earn more and more
full member
Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
March 02, 2018, 12:47:30 AM
#21
Nothing. There is no profit if you sell at the price as you bought it. There are lose money if you do that. Always remember that there are fees when you transfer so the $100 you use will be lessen if you sell the same.  You will only profit if the btc price will go up. Enough with the computations guys. We all know that its not the right thing to do. Even if he earned a small amount, its just luck. Why not sell it a bit higher? or just HODL it until the price goes up. Then sell higher than its original price. Its bad business if you keep on doing that.
member
Activity: 868
Merit: 16
March 02, 2018, 12:28:47 AM
#20
Buy - 10K USD
Sell - 11K USD
10% profit or 1K profit
minus fees

true profit.
This example will make you understand how to calculate you profit when you trade, compared with the example you created. So, bitcoin trading is almost the same as buying and selling goods, but in bitcoin you take advantage of the bitcoin price volatile to make a profit. Learn more about trading, with the creation of this thread I'm sure you do not understand how to trade.
full member
Activity: 1232
Merit: 186
March 01, 2018, 06:34:34 PM
#19
What?! You will buy and sell at the same price? Are you serious? Doing so will cause you losses (due to fees) instead of profit.

If what you mean is that you buy lower than $10,400, assuming $10,000 then here's the solution (disregarding the presence of time), it's like a matter of proportionality.

Input/initial price = output/final price
$100/$10000 = X/$10400

X=$104

Profit = output - input
              $104 -$100
            = $4

You earned $4 within that certain period of time. Smiley Willing to be corrected if i'm wrong.
member
Activity: 378
Merit: 11
March 01, 2018, 05:15:24 PM
#18
P=TR-TC
Wherein, P stands for profit, TR is for Total Revenue and TC is for Total Cost.
Let say you have $200 capital and you invest in the coin with its price $200 per coin. Fortunately, the coin moves up to $600 per coin.
Solution:
P=600-200
P=$400
By the way, the formula can apply in real computation of profits in other investment such as businesses.
P.S. we cannot see your profit in your situation because the price of the coin you've put is constant. You will not gain or lose when the price does not change.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
March 01, 2018, 04:43:52 PM
#17
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 still get profit but most used for pay the fee. I think if you have only $100, better you use for trade altcoin than choose to trade Bitcoin.

Are you on drugs? What profit? He bought and sold at the same price! I believe OP has made a mistake somewhere in his post, because he wrote about buying at 10,400, and selling when it goes up to 10,400. This doesn't make sense.

There are 2 ways of calculating profit. You either aim at getting the most value measured in fiat, or you try to get as much cryptocurrency as possible. Since I'm a believer i'm doing the latter and I'm don't bother to check fiat value too often.
legendary
Activity: 3122
Merit: 1140
March 01, 2018, 04:35:01 PM
#16
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?
I dont know if those numbers are correct or just purely trolling. How can you make profit if you do buy and sell into same amount? Even just a kindergarten can able to add or minus will able to answer this thing. Basic mathematics is really needed,OP have you already finished elementary? Grin Unless if those numbers are mistakenly written then it would be considerable.
newbie
Activity: 60
Merit: 0
March 01, 2018, 04:27:42 PM
#15
Calculate by the amount you receive after selling less the amount you've invested.
full member
Activity: 1554
Merit: 101
March 01, 2018, 04:17:48 PM
#14
it's easy when your money increases, suppose you invest 100 $ and sell and get 110 $ it's been said lucky .. how can you ask about this. I mean helloo are you not good at counting Huh
not my intention to offend you, but this is a bit outrageous, I think your question is not qualified Cool
sr. member
Activity: 476
Merit: 259
March 01, 2018, 04:11:49 PM
#13
If you bought at 10,400 and sold at 10,400 so you earned and lost nothing.
The easiest way to calculate how much profit you have is to double the difference( if you sold in a price that is lower then your buying price, then the difference should be minus, difference is Selling price-buying price). in the amount of bitcoins you purchased.
For an example, at your case it would be 100/10,400(amount of bitcoins purchased) * (10,400-10,400) difference.
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