💰 Are You Profiting or Losing? Learn How to Calculate Profits and Losses in Crypto!
Many people invest in cryptocurrencies, but few actually know how to calculate how much they have gained or lost. Ready to learn this now? 📉📈
🧮 How to calculate profit or loss?
The formula is simple:
Profit/Loss = Selling price - Purchase price - Fees
➡️ Real example:
Bought 1 ETH at $2,000
Sold for $2,600
Total fee: $50
Result: $2,600 - $2,000 - $50 = $550 profit
📌 Important tips:
🧾 1. Write everything down
Keep records of your purchases, sales, and fees. This helps with tracking and when it’s time to declare taxes.
📊 2. Use tracking tools
Apps like CoinStats, CoinTracking, or even Binance itself help calculate automatically.
📅 3. Pay attention to time
Transactions of less than 1 year may incur income tax. In many countries, there is an exemption for lower amounts. Research local rules!
🧠 4. Don’t be fooled by just the price
If you invested in real (BRL), the dollar can impact your profit. Always take the currency used into account.
💬 Have you calculated your profit in crypto? Did you know about this formula? Comment here and share with someone who needs to learn this today! 👇
