Post
Topic
Board Economics
Re: How to calculate profit
by
mcabrito
on 26/06/2018, 11:20:50 UTC
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.

Yes, this is the fastest way to calculate profit and I thing the margin profit is not important as long as we know that we earned profit from selling the coins higher than the price we bought it.