Enter the price you paid for one unit of the cryptocurrency.
Enter the total number of cryptocurrency units you bought.
Enter the price you sold one unit of the cryptocurrency for.
Enter any fees associated with buying and selling (e.g., exchange fees, gas fees).
Your Estimated Profit/Loss:
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Understanding Cryptocurrency Profit Calculation
Calculating profit or loss from cryptocurrency trading is a fundamental aspect of managing your digital asset portfolio. Unlike traditional assets, cryptocurrencies can be highly volatile, making accurate profit tracking essential for informed decision-making. This calculator helps you quickly determine your gains or losses on a specific crypto trade.
The Formula
The basic formula for calculating cryptocurrency profit is as follows:
Total Revenue = Selling Price per Coin * Quantity Sold
Total Cost = Purchase Price per Coin * Quantity Purchased + Total Transaction Fees
Net Profit/Loss = Total Revenue - Total Cost
In simpler terms:
Profit/Loss = (Selling Price per Coin * Quantity) - (Purchase Price per Coin * Quantity) - Total Transaction Fees
Input Fields Explained:
Purchase Price (per coin): The price you paid for a single unit of the cryptocurrency when you acquired it. This should be in the same fiat currency (e.g., USD, EUR) or another cryptocurrency (e.g., BTC) as your selling price.
Quantity Purchased: The total number of cryptocurrency units you bought at the specified purchase price.
Selling Price (per coin): The price you received for a single unit of the cryptocurrency when you sold it.
Total Transaction Fees: This is a crucial but often overlooked factor. It includes all costs associated with the trade, such as:
Exchange trading fees (both for buying and selling).
Network fees (e.g., gas fees for Ethereum-based tokens) paid during the purchase or sale transactions.
It's important to sum up all these costs to get an accurate picture of your net profit.
Interpreting the Results:
The calculator will display a single value representing your net profit or loss.
A positive value (displayed in green) indicates a profit.
A negative value (typically displayed in red or as a negative number) indicates a loss.
A value of zero means you broke even on the trade after accounting for all costs.
Use Cases:
Tracking Individual Trades: Quickly assess the profitability of each crypto transaction.
Portfolio Management: Understand the overall performance of your cryptocurrency investments.
Tax Reporting: Gather essential data for calculating capital gains tax on crypto profits.
Strategic Planning: Make more informed decisions about when to buy, sell, or hold cryptocurrencies based on past performance and potential future gains.
Remember to always keep accurate records of your transactions, including prices, quantities, and fees, for precise financial management and tax compliance.
function calculateCryptoProfit() {
var purchasePrice = parseFloat(document.getElementById("purchasePrice").value);
var quantity = parseFloat(document.getElementById("quantity").value);
var sellingPrice = parseFloat(document.getElementById("sellingPrice").value);
var transactionFees = parseFloat(document.getElementById("transactionFees").value);
var profitAmountElement = document.getElementById("profitAmount");
// Validate inputs
if (isNaN(purchasePrice) || isNaN(quantity) || isNaN(sellingPrice) || isNaN(transactionFees)) {
profitAmountElement.textContent = "Please enter valid numbers for all fields.";
profitAmountElement.style.color = "#dc3545"; // Red for error
return;
}
if (quantity 0) {
profitAmountElement.style.color = "var(–success-green)";
} else if (netProfit < 0) {
profitAmountElement.style.color = "#dc3545"; // Red for loss
} else {
profitAmountElement.style.color = "var(–dark-text)"; // Black/default for breakeven
}
}