revenue or loss when going quick in spot buying and selling BTC/USDT
HOW DO YOU CALCULATE THE PROFIT/LOSS IN A SALE SPOT ORDER BTC/USDT?
I like this system
To begin with, let numerous bitcoins be purchased and (x1) is how a lot you paid for it.
Now the value of 1 bitcoin modifications
Then you definately use the system:
x2= (New worth of 1 bitcoin)*(Variety of bitcoins you’ve got)
Now you simply discover the distinction between x1 and x2. This will provide you with your revenue/loss.
All it’s a must to bear in mind is the preliminary worth. In your case it’s 50.
your bitcoins, on this case, = 50/3916.74 ~ 0.0128
EX. SELL $950 BTC AT 45000 after which the value goes as much as 50000 revenue or loss
x 1 is the bitcoins i purchased or the variety of bitcoins i offered?
instance 950/45000 0.021
0.021 x 50000 = 1000 1055-950= 105 loss???? OR
950/50000 = 0.019 0.019X45000 = 855 950-855 = 95 LOSS
THANK YOU !!!!!!!!!!!!!!!!!!!!!!!!
If every other system it will likely be appreciated.