Trading fee EUR(%): Trading fee deducted after the transaction in %. Click on “Calculate” button to see the exact amount of your profit. It is a good idea to use the calculator before and after each transaction, not to get into a transaction that could potentially result a negative profit for you. Dec 23, · Consider you bought BTC at the price of 1BTC = $ today. So tomorrow 1BTC increases its value to $. So now if you want to calculate how much profit or loss you have incurred use the same profit/loss formula you use. Profit/loss = (today’s price of 1BTC * X bitcoins you bought) - (price you bought 1BTC at * X bitcoins you bought). This is the easiest way to calculate your gains as you will be aware of the value of coins you’re buying with your domestic currency. For example, if the current price of Bitcoin is USD $10, and you’re planning to buy USD $1, worth of Bitcoin, you’d get BTC for your USD $1,
Calculate bitcoin profit tradingHow to calculate profit/loss on bitcoin - Quora
A Bitcoin Mining Calculator helps miners determine the amount of profit that they would make on their cryptocurrency mining activity. A bitcoin mining calculator considers the cost of electricity, the cost of Bitcoins, the hash rate and various other factors such as the difficulty of mining, pool fees, block rewards etc.
As opposed to that, this ROI calculator helps you understand the opportunity that you have missed in the past by not investing in Bitcoins by keeping into consideration the historic rates of the currency.
There are a number of factors which affect the price of Bitcoins. However, the biggest reason that Bitcoin prices are so dynamic and so volatile are some basic economic concepts.
One has to understand the concepts of elasticity, demand and supply, and scarcity. People are willing to buy Bitcoins and invest in them - one of the biggest reasons for the same is because of the scarcity factor.
You can almost compare Bitcoins to gold in this aspect - Gold is a scarce resource and people are willing to invest in it and hold it.
Gold is sold off to get cash and if a large amount of gold is sold off - the price of gold falls in the international markets. Bitcoin functions in a similar manner. The higher the demand the higher the price. Elasticity: Price elasticity of Bitcoins is quite high.
There are over 1, coins and tokens available in the cryptocurrency market, and a majority of them cannot be acquired using USD or any fiat currencies. The only way to acquire the majority of these coins is through buying Bitcoin BTC first and then converting your BTC to any of these alternative coins altcoins.
Hence, Bitcoin is the base currency for all cryptocurrencies and the gateway to the crypto world. Here's a guide to help you understand the differences between coins, tokens and altcoin. Measuring your gains or losses in BTC value is, therefore, the most accurate way of valuing your investments. This method of calculating your trades takes into account the opportunity cost of holding on to Bitcoin as opposed to using your BTC to purchase other altcoins.
Opportunity cost refers to the potential gain that one could have received but gave up in the pursuit of another course of action. Your main purpose of investing in altcoins is to ensure that it generates a better return than Bitcoin, and your actual gains and losses must be measured against BTC as every coin is traded against it. A satoshi represents the smallest unit of a Bitcoin and there are ,, satoshis per one bitcoin. However, if Bitcoin tripled in price and you initially used BTC to buy your altcoin, then theoretically you have just lost in satoshi or Bitcoin value as you would have been better off just holding on to your BTC instead of buying the altcoin.
Here is a simple challenge you can solve with this calculator:. Then the price came down further to satoshi, you bought another units. Also the price tanked further to satoshi, you bought another units.
Coin name e. AKRO Unit entry price in Satoshi of the coin and the Number of units of the coin bought at each buy level first buy, second buy and third buy, as the case may be. If you bought the coin only at a particular price, use only the For First Buy section.
Capital pull out percentage profit level e. Long term traders always pull out out their capital after the price of a coin has risen to a certain percentage.
Extra percentage profit to pull out alongside your total investment capital e. Beyond this percentage loss, your stop loss will trigger. The bitcoin calculator will calculate the following:. Total Investment Capital in Satoshi. Below is the screenshot of the excel calculator with the solution to the above challenge.
Then you will units of the coin left in your bag. If you are a long term bitcoin trader, you will appreciate this bitcoin trading calculator. The excel workbook has two sheets: Crypto trading calculator and Crypto trading records. Crypto trading records sheet is where you can record the important details of each of your trade. Make sure you save the spreadsheet after entering a new record in that sheet before closing the excel app. Ignore any error displayed in some cells while entering the parameters.
Once you provide all the required parameters, the errors will disappear. The second sheet is where you can record your trade details. Make sure you note down your entry price for any coin you buy.