Cryptocurrency Q&A
How do I calculate my profit in crypto?
How do I calculate my profit in crypto?
FantasylitElation
Thu Mar 27 2025
|
7
answers
1321
I'm trying to figure out how to calculate my profits from investing in cryptocurrency. I need to know the method or formula to use so I can accurately determine how much money I've made or lost.
7 answers
BlockchainEmpiress
Fri Mar 28 2025
There are instances where crypto is acquired or disposed of through alternative means.
Was this helpful?
221
55
Margherita
Fri Mar 28 2025
Determining profit from cryptocurrency involves a straightforward calculation.
Was this helpful?
139
93
EthereumLegendGuard
Fri Mar 28 2025
Begin by identifying your cost basis, which encompasses your purchase price alongside any associated fees deemed allowable.
Was this helpful?
142
68
Caterina
Fri Mar 28 2025
For example, trading cryptocurrencies or receiving them as rewards falls into this category.
Was this helpful?
178
28
PulseRider
Fri Mar 28 2025
In such cases, utilize the fair market value of your cryptocurrency on the transaction date.
Was this helpful?
395
96
Load 5 more related questions
