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 14, · Below excel formula to calculate bitcoin trading profit Singapore are some of the cryptocurrency-related risks. However, there are a number of things that you can do in terms of due excel formula to calculate bitcoin trading profit Singapore diligence that will make certain that the broker is . In order to use this Bitcoin profit calculator - you need to enter the amount you were willing to invest and the date you were willing to invest it at. Based on those two inputs, the calculator will determine the profits (or loss) you’d have made since then.
Calculate bitcoin profit tradingHow to calculate profit/loss on bitcoin - Quora
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.
It is honestly a hassle to calculate your gains in satoshi as the volatility of Bitcoin makes it hard for you to accurately determine your current value.
However, there are some great free tools that you can use to mitigate the complication. If you're on your way to buying your coins, here's a list of useful guides and resources to get you started:. Enroll in our Free Cryptocurrency Webinar now to learn everything you need to know about crypto investing. Get our exclusive e-book which will guide you through the step-by-step process to get started with making money via Cryptocurrency investments!
Master The Crypto is a user-first knowledge base featuring everything bitcoin, blockchain and cryptocurrencies. The MTC resource center aims to bridge the gap by featuring easy-to-understand guides that build up and break down the crypto ecosystem for many. Master The Crypto is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual.
Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Includes all the features of this site wrapped up in an easy to use app. Profit Threshold calculates the point at which your trade will begin to make a profit after trading fees have been taken into consideration.
Please note that the easy Bitcoin Trading Calculator is to be used for guidance only. It is only accurate to 8 significant figures. I want to calculate:. I am:. Shorting Going Long.