Nice message: How to calculate bitcoin earnings
| How to calculate bitcoin earnings | |
| WITHDRAWING BITCOIN FROM ATM | |
| BTC RAGNI | Will ripple reach bitcoin prices |
| IS IT LEGAL TO MINE BITCOINS IN CANADA | 521 |
| MAN LOSES BITCOIN PASSWORD | 4.5 usd to btc |
Calculation of profit and loss
Profit or loss is always calculated in the collateral currency for the contract.
For Bitcoin-Dollar Futures and Ripple-Bitcoin Futures, this is BTC. For Ether-Dollar Futures, this is ETH, for Litecoin-Dollar Futures this is LTC, and for Ripple-Bitcoin Futures, this is XRP.
For inverse Futures, profit or loss is calculated as:
Profit or Loss in Base Currency = ( 1 / Futures Entry Price - 1 / Futures Exit Price ) * Position Size
For vanilla Futures, profit or loss is calculated as:
Profit or Loss in Base Currency = ( Futures Exit Price - Futures Entry Price ) * Position Size
| EXAMPLE: BITCOIN-DOLLAR FUTURES |
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| EXAMPLE: ETHER-DOLLAR FUTURES |
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| EXAMPLE: LITECOIN-DOLLAR FUTURES |
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| EXAMPLE: RIPPLE-DOLLAR FUTURES |
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Additional trade examples are provided here.
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