Post
Topic
Board Trading Discussion
Re: 100 dollar gains?
by
maxreish
on 18/02/2021, 04:11:44 UTC
~snip~

Is not a bitcoin it's 100 in USD he can only get this 0.0015166451808599BTC if he buys bitcoin at this rate $65,935.

And how did you actually get 31 dollars? He gains are only $1.5 when he sold this 0.0015166451808599BTC at $66,935

This is right.

Since $65,935  to $66,935 has 1. % something increased, that $100  will become 101.something (lets say 101.2-101.5 usd)
It just means you only gain 1 dollar something. And that just become useless because the fees are quite high than your profit.