To calculate profit in cryptocurrency trading, you can follow the following formula. Subtract the selling price from the cost price of the cryptocurrency to determine profit.
Crypto profit calculators are tools used to determine the potential profit/loss from your crypto investments. Cryptocurrency investment has now become one of the most profitable methods of making money virtually.
The market, which launched in 2009, has since exploded creating millionaires and billionaires in the process. Although this nascent market has been extremely volatile since its inception, it has proven to be worth the risk for early investors.
Crypto Profit Calculator
Our Crypto Profit calculator calculates the current value of your cryptocurrency investment.
Enter the date when you purchased your cryptocurrency and your invested amount. Then select your type of cryptocurrency from the drop-down list. For example, if you have Bitcoin, select BTC or pick ETH for Ethereum. If you bought different kinds of cryptocurrency on a date, you would need to make a separate calculation for each one. Likewise, if you purchased cryptocurrency on multiple dates over time, you would have to make a different calculation for each of your purchase dates.
Once you’ve entered your purchase date, the amount invested, and type of cryptocurrency, push Calculate, and our Crypto Profit Calculator will tell you the current value of your investment and your return. It will also graph your investment value over the time you have held it and compare what you have earned to what you would have received if you had instead invested in a selection of top stocks.
Bitcoin and Cryptocurrency Calculator
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
Market Cap Calculator
Market Cap in short means Market Capitalization. It is a record of capital being invested in a crypto and is used to estimate the total value of the cryptocurrency. The below market cap calculator tool helps you to quickly calculate the market capitalization of a particular crypto asset.
How To Calculate Cryptocurrency Market Cap?
To calculate market cap you need to know the circulating supply of coin/token and its current Fiat value. In the case of Bitcoin its circulating supply is 17,231,612 BTC and its current value in USD is $6,654.91.
17,231,612 BTC * $6,654.91 = $114,674,827,014.92 is the market cap of Bitcoin.
You can use the same equation to calculate the market cap in Euro.
17,231,612 BTC * €5748 = €99,047,305,776 is the market cap of Bitcoin in Euros.
How to Calculate Crypto Gains?
There are multiple methods for calculating your crypto profits and losses. Each of them is quite simple and can be used to monitor the total profitability of your portfolio.
It’s very important to have a strict crypto profit calculating methodology and be consistent with it, so you can always know exactly where you stand with your profits and losses. It doesn’t matter which trading strategy you choose if you aren’t keeping records of your gains and losses because you won’t be able to measure the success level of your strategy.
Crypto Calculator: A Simple Way to Estimate Profits or Losses
To calculate the return on an investment after buying cryptocurrency, subtract the amount you pay for it from the amount you make when you sell.
If calculating for crypto you already own: The current crypto price found above goes in the calculator field titled “price of one coin at time of sale.” To find out what the price of one coin was when you bought it, log in to your crypto exchange and view your trade history. Or, if you know when you bought it, you can click on the specific crypto in the table above to look up historic prices by date.
If calculating for crypto you haven’t yet purchased: The current price can be used in the calculator field titled “price of one coin at time of purchase.” Input a variety of possible prices in the “price of one coin at time of sale” field to see what your profit or loss could be in the future.
How to Use Crypto Profit Calculator Tool?
You can use Crypto Profit Calculator to calculate the potential profit/loss from your cryptocurrency investments like Bitcoin, Ethereum, Dogecoin, Shiba Inu, Solana, Cardano, and more. It’s the ultimate Bitcoin calculator. Or, the ultimate crypto calculator with thousands of cryptocurrencies to choose from!
Follow the following steps to calculate crypto profit/loss:
Step 1: Choose the fiat currency that you used to trade, exchange or buy cryptocurrency. Click or tap the currency drop-down button to search for the currency that you want. Just type the currency name in the search field. Then click the currency to select it. For example USD (United States Dollar).
Step 2: Choose the cryptocurrency that you bought. Click or tap the cryptocurrency drop-down button to search for the currency that you want. Just type the name of crypto in the search field.
Step 3: In the ‘Investment’ field enter the amount (fiat) that you invested. For example $1000. (Alternatively, you can click the ‘By Unit’ toggle switch to enter the Unit of cryptocurrency instead of fiat amount. For example 1.06 BTC)
Step 4: In the ‘Initial Crypto Price’ field, enter the price of the cryptocurrency when you purchased the crypto.
Step 5: In the Selling Crypto Price’ field, enter the price of the cryptocurrency when you sold the crypto.
Step 6: In the ‘Investment Fee’ field, enter the fee (in percentage) that your exchange changes for buying/trading the crypto.
Step 7: In the ‘Exit Fee’ field, enter the fee (in percentage) that your exchange changes for selling/trading the crypto.
Step 8: Finally, your profit or loss for your investment will be displayed in the screen.
What is the investment Calculator?
The Crypto Investment Calculator by CoinStats will make your calculations of crypto profits and losses significantly easier and faster. With this straightforward tool under your belt, you can successfully plan your investments or even daydream about the profits you could make if you had invested in Bitcoin or another coin some time ago.
How to track the profits automatically?
Actually, that’s one of the integral purposes of CoinStats – We’re actually #1 in the world by the number of integrated wallets and exchanges! By connecting your wallets and exchanges, you can receive timely calculations and alerts about your portfolio’s ups and downs. And the best aspect of CoinStats is that it’s completely secure and trusted by more than a million monthly active users.