Post
Topic
Board Trading Discussion
Re: Calculating your profits
by
hilman01
on 26/05/2017, 03:50:33 UTC
This might be a very easy thing but still
For example:

The price rises from $2500 to $3000, this in an increase of 1.15%.

So should I do 1.15*(the bitcoin amount I have now at the price of 2500) ?


Use a portfolio, or an exchange. For your question though, you would do


3000-2500= 500

2500/500 = 5 = 1/5 = 20% profit

I don't know where you got 1.15 from?

1.15*2500 = 2875$



still don't understand how to get profit, sorry im noobie (newbie)