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HOW DO YOU CALCULATE THE PROFIT/LOSS IN A SALE SPOT ORDER BTC/USDT?

I like this formula

  1. First of all, let a number of bitcoins be bought and (x1) is how much you paid for it.

  2. Now the price of 1 bitcoin changes

  3. Then you use the formula:

    x2= (New value of 1 bitcoin)*(Number of bitcoins you have)

Now you just find the difference between x1 and x2. This will give you your profit/loss.

All you have to remember is the initial value. In your case it is 50.

Therefore,

x1=50

your bitcoins, in this case, = 50/3916.74 ~ 0.0128

x2= 4200*0.0128 = 53.76

EX. SELL $950 BTC AT 45000 and then the price goes up to 50000 profit or loss

x 1 is the bitcoins i bought or the number of bitcoins i sold?

example 950/45000 0.021 0.021 x 50000 = 1000 1055-950= 105 loss???? OR

950/50000 = 0.019 0.019X45000 = 855 950-855 = 95 LOSS

THANK YOU !!!!!!!!!!!!!!!!!!!!!!!!

If any other formula it will be appreciated.

Many Thanks

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