How to find the profit/loss of a bitcoin?
Hello there, I'm curious about calculating the profit or loss of a Bitcoin investment. Could you please explain the process step-by-step? Specifically, I'd like to know how to determine the initial investment value, the current market value, and the difference between the two to find out if I've made a profit or a loss. Additionally, are there any tools or platforms you recommend for tracking the value of my Bitcoin over time? I'm relatively new to cryptocurrency and finance, so I appreciate your guidance on this matter. Thank you in advance!
How do I calculate my profit/loss if I Sell my cryptocurrency?
As a cryptocurrency investor, I'm curious about how to accurately calculate my profit or loss when selling my cryptocurrency holdings. Could you explain the process step-by-step? I'd like to understand the key factors involved, such as the initial investment amount, the selling price, and any associated fees or taxes. Additionally, I'm interested in knowing if there are any tools or platforms that can help me automate this calculation process for more efficient tracking and analysis.