#BinanceSafetyInsights To calculate profit or loss, consider the following:
Profit Calculation
1. *Selling Price*: Determine the selling price of your asset.
2. *Cost Price*: Calculate the cost price, including any fees.
3. *Profit*: Subtract the cost price from the selling price.
Loss Calculation
1. *Selling Price*: Determine the selling price.
2. *Cost Price*: Calculate the cost price.
3. *Loss*: Subtract the selling price from the cost price.
Example
If you bought 1 Bitcoin for $50,000 and sold it for $60,000, your profit would be $10,000 ($60,000 - $50,000). If you sold it for $40,000, your loss would be $10,000 ($50,000 - $40,000).#VoteToListOnBinance #MarketRebound