This article will explain how to calculate crypto profit or loss percentage.
There isn’t a day that goes by when you don’t hear something about Bitcoins or other sorts of cryptocurrency in the news.
Cryptocurrency is digital money that can be purchased and sold. Unlike most other currencies, Cryptocurrencies are not issued centrally by a government or issuing body, and they are also unregulated because they are private and cross borders.
As a result, their values might swing dramatically. Our bitcoin profit estimator was intended to help you figure out how much your cryptocurrency investment is worth.
Many people associate the word “cryptocurrency” with Bitcoin. On the other hand, Bitcoins are only the most well-known among many different forms of cryptocurrencies.
Our cryptocurrency profit calculator is presently calculating for twenty types of crypto.
What is Crypto Profit Percentage?
The key to answering this issue is to focus on the percentage rather than the raw statistics. People have varying profit objectives in crypto; however, most traders set their profit targets around 50%.
Best Crypto Profit Calculator App
- WazirX.
- Unocoin.
- CoinDCX.
- Zebpay.
- CoinSwitch Kuber.
- Bitbns.
How to Calculate Crypto Profit in Percentage
Enter the date and amount you invested when you bought your bitcoin. Then, from the drop-down menu, choose your preferred cryptocurrency.
Select BTC if you have Bitcoin or ETH if you have Ethereum. If you acquired many types of cryptocurrencies on the same day, you’d have to do a separate computation for each.
Similarly, if you bought cryptocurrencies on several different dates over time, you’d have to do a new computation for each one.
After you’ve input your purchase date, investment amount, and cryptocurrency type, click Calculate, and our Crypto Profit Calculator will show you the current value of your investment and your return.
It will also graph the worth of your investment over time and compare what you have earned to what you would have gotten if you had invested in a portfolio of top stocks instead.
Read also:
How to Change Leverage on Avatrade – An Easy Step by Step Guide
Where and How to buy Russian Rubles – An Easy Step by Step Guide
How and Where to Buy Tata Coin & Price Prediction
How and Where to Buy Diem Coin and Price Prediction
How to get Crypto Buying Power on Webull – A Step-By-Step Guide
How to Calculate Future Profit in Crypto
- Take the money you spend on BTC and put it aside.
- Check the value of BTC at the time of your purchase.
- See what 1 BTC is worth right now.
- Calculate the percentage difference between the old value and the new value.
- The difference in values is your profit in percentages
How to Calculate Roi on Crypto
You may compute the Return on Investment in the world of crypto assets by subtracting the asset’s initial price from the asset’s selling price, and the result must be divided by the investment’s real cost.
The ROI would be 3.0 if you bought bitcoin for $5000 and sold it for $20000. In other words, you got three times your money back (300%). However, there are a few different factors to consider, such as transaction costs and asset liquidity.
Because dynamic transaction costs bind crypto-assets, you need to consider how much you spend for the purchasing and selling procedure.
To put it another way, a simple ROI statistic will not provide you with a full picture of how the crypto asset fared. If you want such detailed information, you will need to conduct more research.
Cryptocurrencies are a big topic in today’s global financial system. The value of cryptocurrencies fluctuates a lot. As a result, trading these cryptocurrencies entails a substantial amount of risk. Their rapid growth has piqued the interest of many investors.
Watch the video below to learn how to calculate your Crypto profit and loss:
About Author
- I am a creative writer, researcher and strategic digital marketer who is focused on providing value to the community through my contents and creatives.
Latest entries
- Forex TradingOctober 4, 20237 Best CFD Trading Platform in Australia 2023
- CryptocurrencyOctober 2, 2023Top 10 Best Metaverse Stocks to buy in 2023
CryptocurrencySeptember 11, 2023What You Should Know About Casino Free Spins- Forex TradingSeptember 11, 2023Top 15 Forex Brokers with the Lowest Spreads in 2023
