How to calculate profit - page 8. | Bitcointalksearch.org

neonshium

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Quote from: alhaji142 on June 03, 2018, 12:02:01 PM

Just found a cool online calculator whiles browsing through bitcointalk. you can check it out http://myprofitcalc.com/vypocet1.php?procenta=202&nakup=2000

Online calculator for calculating profit? You all will be kidding me. I guess like they have said before that digital age will actually make a lot of people lazy and unintelligent that they will always rely on tools to do calculations for them. This is a simple calculation that obviously does not need any online calculator.

Simply just subtract your revenue from your initial capital, but in that case, that is even when someone like the OP knows the difference between the two.

Fappanu

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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?

If you sell it at a price of $ 10,400 you will not receive any profit because you also bought it at $ 10,400. So you should wait for it to come up and sell there. But just be careful because if you are a short trader you need to watch the price overnight to avoid further collapse.

Umar001

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To calculate profit, is simple as ABC, when you take your total sales from your total investment the results would be profit or loss, the margin between buying rates and selling is or profit, example, Mr A buy bitcoin at the rate of 7$ and sell it at rate of 10$, the 3$ is your profit

iamike

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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?

I really don't get what your statement but in terms of calculating your profit on investment what you need to do is to subtract your principal from the income you made from your investment. If you want to know the percentage increase then you divide your profit by the total income you made and multiply it by 100.
For example; you bought a coin at $100 and sold it at $300. Your profit would be $300-$100=$200
The percentage of profit will be (200/300)×100%

Ronaldcoin2017

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Quote from: sp01_cardo on June 19, 2018, 12:42:06 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?

You will not gain profit. It is a negative income. You have been sold it in the same price when you bought it. You gain negative income because you r total capital in the beginning it lower after you sold it because you will pay for the transaction fee when you sold you coins.

I think you will not lose a capital if you sell it with the same price when you buy it, but you will really lost time maybe we don't feel that we are losing time but that time is really important specially when you are holding it with a couple of months or maybe years time is really been wasted.

sp01_cardo

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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 will not gain profit. It is a negative income. You have been sold it in the same price when you bought it. You gain negative income because you r total capital in the beginning it lower after you sold it because you will pay for the transaction fee when you sold you coins.

santosummer

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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?

For me, being a long term investor. Interest in market value and calculation of attainment as well as profitability are necessary. I use the Coin Stats tool from the IOS app. You put them in the portfolio and the data is calculated thoroughly and clearly. You can try them.
- It is very simple, convenient and intuitive

StarofBTC

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Quote from: ajochems on April 15, 2018, 11:25:23 AM

It's very easy to calculate the profit in the price of bitcoin and other cryptocurrency.You have a habit of making a note.I had separate spreadsheet to make a not of brought price .I use to buy at different stages, to avoid loss .I use to made this.Honestly, it made me to get more profit.

What is even there in calculating profit in the first place? I do not even know if some people simply skipped basic mathematics class or something. As long as you invest a certain amount and you get a certain amount back for it, all you have to do is to calculate the difference and that simply gives you your profit or loss as the case may be.

You buy for $100; sell at $200 that is a $100 profit, if you sell for $50 that is a $50 loss. What is so hard there for anyone to even calculate at all when my 5 year old son can easily do that?

voztata

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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!#

Kevin77

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Quote from: lang shao on June 03, 2018, 11:49:34 PM

Calculate profit by following below steps:

1 Start with a value for your business's total income.
2 Calculate your business's total expenses for the accounting period.
3 Subtract the total expenses from the total income.
4 Note that a negative value for profit is called a "net loss".
5 Consult a business's income statement for revenues and
expenses.

For someone who is asking such a question, I can bet my last bitcoin that you have just made matters even more complicated for him. Just tell him to subtract the amount he just got in total back from the amount he invested, including all the amount he paid for the transaction and trades in between, and hopefully for a lay man, he should get the idea.

From what I can even see, he is not making any profit since he is selling back for the same amount in the literal sense, but in crypto, he is even making a loss since he is going to be paying some fees in the process.

funnynews

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Try to just look on the sell value that you have on your wallet right now and if it grows so you're having a pure profit

Tukang Becak

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I think after the price past the buy position then we can calculate how much profit we get, but with market conditions are red and lower than when buying then hold or trading is the thing we have to do.

BaraxLo

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Quote from: bitgov on June 06, 2018, 08:09:54 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?

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$.

You will calculate profit if you gain it first, you need to subtract the invested amount from the overall amount after selling the Bitcoin so as to get the profit. In order to get profit you would need to work hard and to survive in this market for long time till the jump of the coin’s value.

Bring improvement in your investment with the passage of time and handle according to the rules and guiding principle so you will not face any loss but profit.

SiNeReiNZzz

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αLPʜα αɴd ΩMeGa

Quote from: Lubang Bawah on June 07, 2018, 11:03:57 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?

For now I recommend to be patient, if you buy for $ 10400 and sell at the current price of $ 7500 then you lose more than 25%, if you dare to take a risk then buy now certainly is the thing that can make us get big profit.

Well according to what he was saying he doesn't gain profits from that, but instead he lose from it, its because we already knew that he had to pay fees while buying and selling out his bitcoinost specially in some exchanges that has higher fees than his local wallet provider. As of now it was wise to hold on to it based on when he actually bought it.

Lubang Bawah

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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?

For now I recommend to be patient, if you buy for $ 10400 and sell at the current price of $ 7500 then you lose more than 25%, if you dare to take a risk then buy now certainly is the thing that can make us get big profit.

gorbabtc

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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.

agimat

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Quote from: Happyniall on March 01, 2018, 03:06:18 PM

You earned 0% profit because you sold at the same price you bought.

In this case you cannot count your profit in this scenario your just wasting your time, we join investment to earned and to grow our money bigger, to calculate the profit in investment you need to get the total amount of money you received after the contract of said investment and subtract it with the capital, and other fees and expenses and the money left is your profit.

Thira

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Quote from: linshuhow on March 01, 2018, 04:27:42 PM

Calculate by the amount you receive after selling less the amount you've invested.

To calculate your profit in investment in bitcoin, maybe it be made at the end of the contract of the investment you put up, consolidate all the total amount of money earned and minus the capital do not include it, fees and the expenses of that investment, and the remaining amount is clearly that is your profit.

crazymelons12

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Well it seems you are just trying to sell it back to its original price. Or is it really that you are trying to suggest another idea that you are buying lower than 10,400$ then sell it when it reaches that price. It is not clearly stated. But if you really like to consider profit, don't look too much on the price but calculate how much you started with your capital and ended up selling with the money on hand and all transactions are taken into account including the money you will have to pay to get to the exchanges to receive fiat currency. Sounds very strange maybe but these small things are often left out of the equation yet you are spending money related to it so this could be charge as part of the entire process.

Quadrant75

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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 are counting the chicks even before the eggs are hatched. It is very hard to speculate here in terms of profit because it is not profit alone that you have to deal with, you also have the lose that you should be aware.

Topic: How to calculate profit - page 8. (Read 1503 times)