Cryptocurrency Q&A
How to calculate profit in btcusd?
How to calculate profit in btcusd?
Bianca
Mon Dec 02 2024
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7 answers
1862
I am trading Bitcoin against the US dollar and would like to know how to calculate my profit in this btcusd pair. I need a clear method to determine my earnings from this trade.
7 answers
CherryBlossom
Wed Dec 04 2024
Determining profit in a transaction involves a straightforward calculation.
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IncheonBlues
Wed Dec 04 2024
Subtract the initial buy amount from the final selling price.
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SumoMighty
Wed Dec 04 2024
This mathematical operation provides clarity on whether a profit was realized.
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benjamin_rose_author
Wed Dec 04 2024
It's essential to have accurate records of both the purchase and sale amounts.
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BitcoinBaronGuard
Tue Dec 03 2024
Knowing these figures allows for precise profit calculation.
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