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How to Calculate Crypto Profit and Loss (With Examples)

CryptoCalc Team6 min read2024-06-05
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How to Calculate Crypto Profit

Understanding your cryptocurrency profit and loss is essential whether you're trading or just HODLing. Here's a complete breakdown.

The Basic Formula

Profit/Loss = (Sell Price × Coins) − (Buy Price × Coins) − Fees

Step-by-Step Example

Let's say you invested $5,000 in Bitcoin when the price was $40,000:

1. **Coins purchased**: $5,000 ÷ $40,000 = **0.125 BTC** 2. **Buy fee** (0.1%): $5,000 × 0.001 = **$5** 3. **Total cost**: $5,000 + $5 = **$5,005**

Now Bitcoin is at $67,420: 4. **Sale revenue**: 0.125 × $67,420 = **$8,427.50** 5. **Sell fee** (0.1%): $8,427.50 × 0.001 = **$8.43** 6. **Net revenue**: $8,427.50 − $8.43 = **$8,419.07** 7. **Profit**: $8,419.07 − $5,005 = **$3,414.07** 8. **ROI**: $3,414.07 ÷ $5,005 = **+68.2%**

What is the Break-Even Price?

The break-even price is where your profit equals your loss. It accounts for your entry fees and must be exceeded to generate profit.

Break-Even Price = Buy Price × (1 + Buy Fee%) × (1 + Sell Fee%)

Use Our Calculator

Don't do this manually — use our Crypto Profit Calculator to instantly calculate profit, loss, fees, and break-even price.

Multiple Buys (Average Cost Basis)

If you bought at multiple prices, calculate your **average cost basis**:

Average Cost = Total Amount Spent ÷ Total Coins Owned

This is where our DCA Calculator becomes invaluable.

Tax Implications

In Australia, crypto profit is a **Capital Gains Tax (CGT) event**. If you held for more than 12 months, you may be eligible for a 50% CGT discount.

Always consult a tax professional for your specific situation.

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