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Topic: How to calculate profit - page 2. (Read 1503 times)

full member
Activity: 546
Merit: 100
September 07, 2018, 02:12:16 AM
It easy ..that is when your money increase
Making some money that is called profit or making some products that have price is profit as well. In the crypto world we have the Bitcoin that does more for you if you have investment here then always sell on highest price so that you will get profit. Similarly other best crypto coins are also available and you can make profit here as well, in short diversify your investment so that you may get profits from all sides.

I do not see any reason why I should calculate my profit. Being a simple guy, I try to work hard. The more you work, the more money you can earn - do not sit idly.
newbie
Activity: 56
Merit: 0
September 06, 2018, 10:07:28 PM
You can easily monitor your profit by making observations in the value of your holdings or your balances on which you can notice if it is up or down in a period of time that makes you decide to hold it.
full member
Activity: 258
Merit: 100
Co-founder Love Air Promise
September 06, 2018, 11:11:18 AM
To know your profit,you need to to take the principal money from the overall income you have gotten. Has not been easy losing but hope to always earn.
full member
Activity: 308
Merit: 101
September 06, 2018, 03:32:16 AM
It easy ..that is when your money increase
Making some money that is called profit or making some products that have price is profit as well. In the crypto world we have the Bitcoin that does more for you if you have investment here then always sell on highest price so that you will get profit. Similarly other best crypto coins are also available and you can make profit here as well, in short diversify your investment so that you may get profits from all sides.
jr. member
Activity: 42
Merit: 2
September 04, 2018, 10:02:30 AM
It easy ..that is when your money increase
full member
Activity: 448
Merit: 100
August 27, 2018, 09:16:21 AM
in my opinion every sale and purchase transaction there is usually a price difference between the purchase price and the selling price, the difference can be in the form of profit or loss and every time a trader makes a profit usually sells it at a price higher than the purchase price to get profit
newbie
Activity: 24
Merit: 0
August 20, 2018, 08:16:46 AM
I think what you are trying to say here is a joke and you can do the trading.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 18, 2018, 02:27:48 PM
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?
In the example that you give you got no profits at all, however there are two ways to calculate profits, one is in BTC and the other is in fiat and which one prefers depends on your views, many prefer to view their profits in fiat since they are going to exchange their coins and they want to see how much fiat they earned with their trades and investments, but many people like me prefer to calculate our profits in bitcoin since we are not going to exchange our coins anytime soon.
sr. member
Activity: 539
Merit: 255
August 18, 2018, 02:26:06 PM
you buy for $ 10,400. then the price rises to $ 10,800. that is obviously your profit, at the rate of 0,400.
That is why it is so easy, you just calculate the change of the price of your coin and put this amount to amount that you had invested.
newbie
Activity: 28
Merit: 0
August 18, 2018, 12:58:24 PM
You must get rid of your money and can do something interesting.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
August 16, 2018, 04:22:39 AM
To be able to calculate profit, you must know how much is your total capital that you put as an investment, investment less revenue equals profit. Ex. 2000(capital) and 3000(revenue), the answer is 3000-2000=1000(profit).
member
Activity: 322
Merit: 10
August 16, 2018, 03:32:48 AM
If you want to know the profit you have gotten, just substract your principal from the overall money you have accumulated. It is not at all times you can get profit, it demands critical thinking and caution.  
Calculate the profit you need to plan ahead and start observing. How much initial capital? Then check the number of times the transaction is processed. The more transactions, the cost is calculated every time, limited mandate transactions. Finally, the budget will be finalized.
full member
Activity: 490
Merit: 100
August 16, 2018, 03:09:39 AM
Profit is the difference between expense and income. Just subtract the income from the income and you will make a profit. The profit should be positive. In the performance of any financial transactions, it happens that a certain commission is withheld, this must also be taken into account in the expenditure graph.
In the language of economics we say that one is cost price which is your buying price and another is selling price, if we subtract cost price from selling price then it will give you profit. On the other hand if we subtract selling price from cost price then it is a clear loss. In order to get rid of loss or other problems we must learn first and if we obey all the basic rules and work on principles then there is nothing to worry about and you will get your profit from any investment.
newbie
Activity: 98
Merit: 0
August 15, 2018, 09:01:52 PM
The way to calculate your profit is simple: You just rely on the price at the buy and the price at the sell margin will be the opposite of your profit will not profit.
newbie
Activity: 31
Merit: 0
August 15, 2018, 08:17:33 PM
You will be in loss in this case as you have to pay  exchange fees. Even if you manage to get some profit, most of it will go to taxes.
sr. member
Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 15, 2018, 06:43:04 PM
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'm a little confused with your post. if your post is correct buy and sell at the same price. I think you don't get a profit. but you get a cost loss. before posting please carefully. and I think your question is a question that might be very easy to answer. if you have ever learned to count, I think you can answer it yourself.
newbie
Activity: 83
Merit: 0
August 15, 2018, 06:26:54 PM
I usually calculate the profit according to the amount of money I have daily based on the data on CMC. This may not be exactly exact but it will be relative.
member
Activity: 392
Merit: 10
August 15, 2018, 06:07:13 PM
Profit will occur when you sell your asset higher than the amount you bought it.. Thats how it goes.. Buy low sell high..need patience on trading.. Consider fees also whe
trading cause it counts nothing comes for free now..
newbie
Activity: 168
Merit: 0
August 15, 2018, 02:25:10 PM
I think something is missing in your question. however if thats what you want to know. you are not in profit rather you are in loss because of the fees and transaction cost. your loss = amount received after selling - (buying fee + selling fee + transfer fee (if made any)).
full member
Activity: 258
Merit: 100
Co-founder Love Air Promise
August 15, 2018, 01:57:18 PM
If you want to know the profit you have gotten, just substract your principal from the overall money you have accumulated. It is not at all times you can get profit, it demands critical thinking and caution.  
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