Post
Topic
Board Economics
Re: How to calculate profit
by
jovs
on 26/06/2018, 11:57:20 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?
Calculating exact profit in a highly volatile investment is not advisable, especially if you are doing a short time investment, or multiple altcoin trading. It may be simple as capital minus gain minus fee, equals to profit, but it is not really not that simple. We expect a higher level of profit here in bitcoin. We expect a life changing profit like what the others have actually achieved. It takes time, and it makes your investment simpler than other investment that requires a lot of math to profit.