I'm trying to figure out how to calculate my profits from investing in cryptocurrencies. I need to understand the process of determining the difference between my initial investment and the current value of my holdings.
7
answers
Elena
Wed Feb 05 2025
The formula is as follows: Profit or Loss equals Sale Price minus Purchase Price.
SamuraiWarriorSoul
Wed Feb 05 2025
Calculating crypto profit is an essential aspect for investors in the digital asset market.
SsamziegangSerenadeMelodyHarmonySoul
Wed Feb 05 2025
The process involves determining the difference between the sale price and the purchase price of a cryptocurrency.
EthereumElite
Wed Feb 05 2025
To arrive at this figure, you need to use a straightforward formula.
SejongWisdomKeeperEliteMind
Tue Feb 04 2025
By subtracting the purchase price from the sale price, you can ascertain whether you have made a profit or incurred a loss.