To calculate the return on an investment after buying cryptocurrency, subtract the amount you pay for it from the amount you make when you sell.
Find your crypto’s current price on the live chart below:
If calculating for crypto you already own: The current crypto price found above goes in the calculator field titled “price of one coin at time of sale.” To find out what the price of one coin was when you bought it, log in to your crypto exchange and view your trade history. Or, if you know when you bought it, you can click on the specific crypto in the table above to look up historic prices by date.
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If calculating for crypto you haven’t yet purchased: The current price can be used in the calculator field titled “price of one coin at time of purchase.” Input a variety of possible prices in the “price of one coin at time of sale” field to see what your profit or loss could be in the future.
Fees and taxes
When you trade on an exchange, you're usually charged a fee each time you buy and sell. The amount you take home after fees is not reflected in this calculator as fees vary from exchange to exchange and can depend on the amount of your trade. There are many exchanges that charge 1% or less; if you're paying more, it's probably time to look for a new crypto exchange.
You'll owe taxes on any profits you earn from crypto. Your tax rate depends on your income for the year and how long you owned the crypto.
Neither the author nor editor held positions in the aforementioned investments at the time of publication.
FAQs
This can be done using the formula s – c = p, where s is the selling price, c is the cost of the asset including fees and p is the profit. This is done because the cost and selling price change with each new trade you make.
How much will $100 Bitcoin be worth in 10 years? ›
A $100 investment in Bitcoin could purchase 0.00607 BTC today based on a price of $16,466.14 at the time of writing. If Bitcoin hits the $1 million price target by Wood in 2030, the $100 investment would turn into $6,070. This represents a gain of 5,970% from now until 2030.
What is the formula for calculating crypto? ›
How Do You Calculate Crypto Cost Basis? At first glance, the formula for crypto cost basis is simple: Total Purchase Price divided by Number of Tokens. For example, let's say you paid $500 for 10 AAVE tokens. $500 / 10 = a cost basis of $50 per token.
What is the best crypto tax calculator? ›
Best Crypto Tax Software Of May 2024
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| TurboTax Premium | 5.0 | Ease of use, advanced features and expert tax assistance |
| Koinly | 4.0 | Ease of use and customer support options |
| CoinTracker | 3.9 | Customer support options and expert tax assistance |
| CoinTracking | 3.6 | Expert tax assistance |
3 days ago
The profit or gain is equal to the selling price minus the cost price. Loss is equal to the cost price minus the selling price.
How to calculate crypto gains and losses? ›
Once you've got your cost basis, simply subtract it from the price you sold your crypto for to calculate your profit or loss. If you traded, spent or gifted your crypto - subtract it from the fair market value of the crypto in fiat currency on the day you received it instead.
What if you put $1000 in Bitcoin 5 years ago? ›
If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
How much will $1000 worth of Bitcoin be worth in 2030? ›
If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000. This would result in a compound annual growth rate (CAGR) of over 100%.
What if I invest $100 in Bitcoin 5 years ago? ›
CRYPTO: BTC
Thus, a mere $100 stake in Bitcoin five years ago, when it was trading at around $7,000, would have resulted in an immediate 50% crash as the digital coin fell to $3,500 in early 2019.
How to do the math for crypto? ›
To get your profit percentage, divide the current price by the price you paid – and then multiply that number by 100. For example, if you bought one bitcoin for $500 and it's now worth $1000, your calculation would look like this: 1000/500 = 2 * 100 = 200%. That means you've made a 200% profit on your investment.
You can use Crypto Profit Calculator to calculate the potential profit/loss from your cryptocurrency investments like Bitcoin, Ethereum, Dogecoin, Shiba Inu, Solana, Cardano, and more. It's the ultimate Bitcoin calculator. Or, the ultimate crypto calculator with thousands of cryptocurrencies to choose from!
How much will 1 ethereum be worth in 2030? ›
By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21. The current price of 1 Ethereum is $ 2,881.90761347.
How much does the IRS tax on crypto? ›
What affects your crypto taxes? For US taxpayers, the key factor affecting tax on crypto gains is whether a profit was realized in the short or long term. Long-term tax rates on profits from tokens held for a year or longer peak at 20%, whereas short-term capital gains are taxed at the same rate as income: 10-37%.
How to avoid paying taxes on crypto gains? ›
9 Ways to Legally Avoid Paying Crypto Taxes
- Buy Items on BitDials.
- Invest Using an IRA.
- Have a Long-Term Investment Horizon.
- Gift Crypto to Family Members.
- Relocate to a Different Country.
- Donate Crypto to Charity.
- Offset Gains with Appropriate Losses.
- Sell Crypto During Low-Income Periods.
You're required to pay tax on the profit you made from your sale (total sale price of your cryptocurrency minus original purchase price), commensurate with your personal tax bracket. So under these rules, you may be looking at quite a large capital gains tax assessment.
How to calculate PnL in crypto? ›
Calculating PnL in Cryptocurrency
Calculate PnL by subtracting the initial cost from the current market value of the asset. Last-in, first-out (LIFO) method: LIFO flips the script, utilizing the most recent purchase price in the calculation. The process mirrors FIFO but with the latest acquisition price.
How to calculate crypto return? ›
For example, if you allocated $1000 to a cryptocurrency and sold it later for $1500, the net return on your allocation would be $500 ($1500 - $1000). Dividing this by the initial allocation ($500 / $1000) gives you 0.5. Multiplying this by 100 gives you an ROA of 50%.
What is P&L in crypto? ›
Profit and Loss gives information about the performance of your crypto holding to give you a better idea of how your investment is doing over time. Profit and Loss tracks your portfolio performance by comparing the market value of your holding and the net invested amount for each cryptocurrency.
How do I track my crypto profit? ›
CoinMarketCap: This app provides real-time price information, charts, and news for over 10,000 cryptocurrencies. It also offers portfolio tracking, alerts, and a watchlist feature. 2. Coingecko: This app offers similar features to CoinMarketCap, including real-time price data, portfolio tracking, and news.
