Two of the main factors that influence your profitability are: The Bitcoin price and the total network hash rate. The Bitcoin network hash rate is growing at a rate of % per day. This means if you buy 50 TH/s of mining hardware your total share of the network will go DOWN every day compared to the total network hash rate. Profit Threshold calculates the point at which your trade will begin to make a profit after trading fees have been taken into consideration. If you have bought bitcoins (going long) the threshold will be the point that selling all your bitcoins will give you a profit in fiat (USD). Bitcoin IRA cannot guarantee, and makes no representation, that any investment made will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell bitcoin, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.
How to calculate your profit in bitcoin#1 Bitcoin Mining Calculator - ACCURATE! ( Updated)
Bitcoin Trading Calculator Profit Threshold calculates the point at which your trade will begin to make a profit after trading fees have been taken into consideration.
If you have bought bitcoins going long the threshold will be the point that selling all your bitcoins will give you a profit in fiat USD. If you have sold bitcoins shorting the threshold will be the point where buying bitcoins will give you more bitcoins then you started the trade with. Profits or Losses calculates the amount of profit or loss the pair of trades will make you.
It gives you a fiat figure USD if you are going long and a bitcoin figure if you are shorting. Remember folks - Buy low and Sell high. Happy trading! However, this tool is for informational or research purposes only.
Do your own due diligence. The bitcoin return results quoted should in no way be taken as advice on whether to invest in bitcoin or other cryptocurrencies. Cryptocurrencies, as an asset class, have demonstrated more volatility than any of the other investments we've featured on this site in calculator format. See, for example, the Litecoin return calculator. For bitcoins, the time of day any bitcoin was bought or sold makes investor performance vary wildly. As we argued in the bitcoin return piece , bitcoin is closer to a speculation than an investment.
Bitcoin and other cryptocurrency investors have had extremely remarkable runs as well as harrowing drops. We'll repeat our advice: for the vast majority of investors, we recommend a regular asset allocation and passively managed index funds.
However, if you do the research and still feel bitcoin makes sense in your portfolio, hopefully our calculator goes some of the way to easing your research burden.
Bitcoin is a speculation, but potentially lucrative. Do your research. Never Miss a Post. Don't Quit Your Day Job DQYDJ may be compensated by our advertising and affiliate partners if you make purchases through links.