How to calculate profit - page 6. | Bitcointalksearch.org

fabrizoc

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Quote from: fishball on June 23, 2018, 11:42:19 PM

Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

There are stuffs like this in the internet...
1.find out your COGS (cost of goods sold). For example $30.
2.find our your revenue (how much you sell these goods for, for example $50).
3.calculate the gross profit by subtracting costs from revenue. $50 - $30 = $20
4.divide gross profit by revenue: $20 / $50 = 0.4.
5.express it as percentages: 0.4 * 100 = 40%.
6.this is how you calculate profit margin... or simply use our gross margin calculator!

https://www.omnicalculator.com/business/margin

These are sensitive things but just speculative. You can’t just make a hundred percent surety about this profit calculation. Or if that can be possible for you, there aren’t enough certain chances for you to take this profit until you make hard efforts in a best possible way. Things can’t be just cleared in early stages of involvement in this world. It takes time and things would be getting better.

Kiweikoo

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Quote from: DMCR lah on June 20, 2018, 10:55:31 AM

Every company is required to document the company's financial history formally. If you can do this, it's usually easier to calculate your retained earnings over the period by using figures from the official report to find out how much retained earnings on a given date, net profit, and paid dividends, than if you had to manually calculate . The retained earnings of the company up to the last listing period will be shown in the balance sheet, while the net income of the company will be shown in the income statement for the current period.
For example, for example at the end of 2011 your business has retained cumulative retained earnings of Rp512 million. During 2012, your business generates a net profit of Rp21.5 million and pays dividends of Rp 5.5 million. The final balance of retained earnings from your business is:
Rp21,5 million - Rp5,5 million = Rp16 million
Rp512 million + Rp16 million = Rp528 million
So, your business already has retained earnings of Rp528 million.

A person can invest for short term and for long term but we have to choose currency which is favorable in these cases. The Altcoin, Litecoin and Neo are better for short term investment while the Bitcoin and Ethereum being valuable coins are favorable for long term investments. After successful investment all the money is yours to keep and then you know better how to calculate the profit.

Batask

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Quote from: micheal34 on June 25, 2018, 07:38:35 AM

Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

with the information and explanation above, there is zero profit for you, your capital remain the same, you haven't make a single profit when it move 1$ above $10,400 you can start counting profit.

Yes i agree with you mate, you loss some of your money, imagine you buy at that price, theres a percentage that you already loss, and you sell it in the same price, you cant get that loss anymore, if you want to calculate profit, make sure you sell the coins higher than its price, you but at $10400, sell it if it increas to $10500+, and if you want to calculate profit, what you earn now, just minus to the money that you invest, thats your profit.

micheal34

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Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

with the information and explanation above, there is zero profit for you, your capital remain the same, you haven't make a single profit when it move 1$ above $10,400 you can start counting profit.

alhaji142

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Quote from: SiNeReiNZzz on June 24, 2018, 02:21:03 AM

Quote from: Dextroboy on June 24, 2018, 01:37:45 AM

it will not benefit if you sell it for the same price even you lose money because of the cost of trade.

It is really useless. Instead you will only pay for the fees and just waste your time, so better sell it on higher price so aside from you gain profit you also don't have to worry about the fee. That is why you need to be more patient in trading, because if not, you will only lose and you will regret in the end.

Yeah exactly. All what he will be doing is to be donating money to the exchange is the form of fees. Buy low sell high. Don't buy high and sell low Grin

SiNeReiNZzz

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Quote from: Dextroboy on June 24, 2018, 01:37:45 AM

it will not benefit if you sell it for the same price even you lose money because of the cost of trade.

It is really useless. Instead you will only pay for the fees and just waste your time, so better sell it on higher price so aside from you gain profit you also don't have to worry about the fee. That is why you need to be more patient in trading, because if not, you will only lose and you will regret in the end.

Dextroboy

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it will not benefit if you sell it for the same price even you lose money because of the cost of trade.

Duogembrot

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to calculate the profit you get just need to see from the results you get, where the exchange has given results and record all buy and sell transactions so it can see and calculate the benefits you get.

sepeda karat

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Every company is required to document the company's financial history formally. If you can do this, it's usually easier to calculate your retained earnings over the period by using figures from the official report to find out how much retained earnings on a given date, net profit, and paid dividends, than if you had to manually calculate . If you can not access the net profit value for sure, you can calculate the net income of a business by calculating it manually through a slightly longer process.

fishball

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Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

There are stuffs like this in the internet...
1.find out your COGS (cost of goods sold). For example $30.
2.find our your revenue (how much you sell these goods for, for example $50).
3.calculate the gross profit by subtracting costs from revenue. $50 - $30 = $20
4.divide gross profit by revenue: $20 / $50 = 0.4.
5.express it as percentages: 0.4 * 100 = 40%.
6.this is how you calculate profit margin... or simply use our gross margin calculator!

https://www.omnicalculator.com/business/margin

btctestcolets

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Quote from: NavI_027 on March 01, 2018, 06:34:34 PM

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.

Willing to be corrected if i'm wrong.

Well, basically to compute profit you only determine your earnings which is your selling then less your expenses incured including the btc price,taxes and other fees then the remaining amount is your profit.

julzcoinbit

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Quote from: geopolisch on June 23, 2018, 12:48:00 AM

Quote from: voztata on June 18, 2018, 01:09:07 AM

Quote from: Kambala07 on June 03, 2018, 11:49:57 AM

Suppose an android phone purchased at a price of Rp.2.000.000, - then resold at a price of Rp.2.300.000, -. Then sales profits can be calculated in the following way.
Profit = 2,300,000 - 2,000,000 = 300,000
So the sales profit is Rp.300.000, -

Simple as ABC. Unfortunately in the case of the OP, he is not even making any profit at all since he is selling back for the same amount. I would have actually called that break-even but for the fact that he is going to be paying some transaction or trading fee, apparently, he is going to be at a little loss which would depend on the trading fee of the exchange he has decided to use.

This is basics, which anyone should know at this stage and for someone that could open an account on this forum, should simply be a teenager or an adult, and asking this kind of question? #SIGHS!#

It is a very easy thing to calculate your profit if you know how to make profit which is not easy for which you need a little struggle. You should learn to handle and run your crypto investment and if your desire place is the Bitcoin then you should know that this is a long term investment. You will make money here by investing in it in its low market so that at the end you get maximum profit.

Simple! If you know math then, these problem might quite easy for us. But when you Invest In longterm In bitcoin you could be crazy of calculating your profits after It will arouse Its value, It just required patience of waiting and nothing else.

bakekang

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Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

You gained no profit because you sold it the same amount when you purchased it. You will gain profit if sold it with higher price. Total amount when you sold it less the amount when you purchased it and the fee equals profit(if possitive) (if negative then it will be net loss)

meandmrjones

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Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

You can refer to primary school math lessons.

rainezerr401

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Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

Multiplication formula is just your problem but always remember to buy coins when the prices are low at the market then sell it again when it increases and always try to higher your patience like today because the market price is dumping in order to avoid losing a huge amount of your investment.

alyssaxx

newbie

Activity: 193

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In profit is being calculated by adding add all the expenses like materials used, labor, gas and other that is used and less it from the total amount gained that what's you called profit. In terms of crypto, it must be total amount you buy less from the current amount. That's why we can't sell our BTC lower the amount we purchase it coz you'll be having a loss..

boksoon

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Activity: 266

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Quote from: SlavicSquats on March 01, 2018, 12:35:12 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?

Sir, let the Blockchain market calculate your income just make a proper business weather investment, trading or HODL to bitcoin, people are not given the exact or specifically amount because it depends upon the trend of market, just try to transact even a small amount of capital just for sample on how to do it.

geopolisch

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Activity: 1022

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Quote from: voztata on June 18, 2018, 01:09:07 AM

Quote from: Kambala07 on June 03, 2018, 11:49:57 AM

Suppose an android phone purchased at a price of Rp.2.000.000, - then resold at a price of Rp.2.300.000, -. Then sales profits can be calculated in the following way.
Profit = 2,300,000 - 2,000,000 = 300,000
So the sales profit is Rp.300.000, -

Simple as ABC. Unfortunately in the case of the OP, he is not even making any profit at all since he is selling back for the same amount. I would have actually called that break-even but for the fact that he is going to be paying some transaction or trading fee, apparently, he is going to be at a little loss which would depend on the trading fee of the exchange he has decided to use.

This is basics, which anyone should know at this stage and for someone that could open an account on this forum, should simply be a teenager or an adult, and asking this kind of question? #SIGHS!#

It is a very easy thing to calculate your profit if you know how to make profit which is not easy for which you need a little struggle. You should learn to handle and run your crypto investment and if your desire place is the Bitcoin then you should know that this is a long term investment. You will make money here by investing in it in its low market so that at the end you get maximum profit.

funnynews

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Activity: 278

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I have chose the easiest way, I calculate my profit only from the money that I get from crypto currency and turn it to fiat, so if I have them in my physical wallet I count it as income my real. Only in that case.

vegethegreat

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The basic computation to check your profit is to determine your gross income minus the capital & expense, or the other way is selling price less buying price. Selling price should always higher than to your the buying price. So obviously in your case you don't have any profit.

Topic: How to calculate profit - page 6. (Read 1517 times)