How to calculate the profit from adding a position in the currency circle

The formula for calculating the profit of adding a position in the currency circle: profit of adding a position = newly invested funds * new price - original position cost - transaction fee. Calculation steps: 1. Calculate new investment funds; 2. Calculate new price; 3. Calculate original position cost; 4. Calculate transaction fees.

Calculation of profit from adding a position in the currency circle

Calculation formula:

Income from adding a position = New investment * New price - Original holding cost - Transaction fee

Steps:

1. Calculation New investment: The amount invested when adding a position.
2. Calculate the new price: The currency price after adding the position.
3. Calculate the original holding cost: The number of coins held before adding the position multiplied by the currency price before adding the position.
4. Calculate transaction fees: Transaction fees incurred when adding positions (such as platform handling fees, etc.).

Example:

Suppose you have 10 Bitcoins and the current price is $20,000. You decide to add 5 Bitcoins to your position. The price of the currency at the time is $22,000. Transaction fee is $100.

Calculation steps:

1. New investment: 5 Bitcoins * 22,000 USD/Bitcoin = 110,000 USD
2. New price: 22,000 USD/Bitcoin
3. Original holding cost: 10 Bitcoin * 20,000 USD/Bitcoin = 200,000 USD
4. Transaction fee: 100 USD

Add profit: 110,000 USD* 22,000 USD - 200,000 USD - 100 USD = 21,900 USD

Therefore, In this increase, your profit is $21,900.

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