Let's figure out one of the main mistakes beginners make in trading. Many simply buy a coin and wait for it to grow. But this can take weeks or months. And the profit is essentially your earning goal, which you set before each purchase.

Profit is a specific percentage of gain at which you exit the position. Not by guesswork, not by intuition, but by calculation. If you bought a coin and want to sell it for a higher price, you need to know in advance at what price you'll achieve the desired profit.

Why even calculate this? First, you clearly understand when to exit the trade. Second, you can earn small but frequent profits — this is much more reliable than waiting for one big jump. Third, you increase either the number of coins or dollars, depending on your strategy.

How to calculate? The formula is simple. The target price equals the entry price multiplied by (1 plus profit percentage divided by 100). Sounds complicated? Actually, it's not.

Here's an example. You bought a coin at 1.000 USDT and want to earn 0.5%. You calculate: 1.000 multiplied by 1.005, which equals 1.005 USDT. Set your sell order at this price.

Another example. You entered at 0.328, aiming for 0.6% profit. Multiply 0.328 by 1.006, which gives approximately 0.330. Exit at this price.

But what profit is considered optimal? If you don't want to hold the coin for too long — take 0.3-0.6%. If the coin is volatile — 0.7-1.0% is possible. Above 1.5% is already high risk, as you might not reach your target price, especially if the market isn't rising.

What happens if you calculate incorrectly? Too small a profit might not cover the fees. Remember, the exchange charges about 0.1% on entry and 0.1% on exit — totaling 0.2%. So, your profit should be more than 0.2% to break even. If you set it at 0.5%, your net profit will be around 0.3% after fees.

Too large a profit — and you simply won't reach it, staying in the red for days. It's like going to an unfamiliar city without a navigator. You know where you want to go, but not how to get there.

Look at current prices: BTC is trading at around 79.78K with a plus of 1.41%, ETH at about 2.35K plus 0.98%, BNB at 625.20 plus 0.80%. With such volatility, a profit of 0.5-0.7% is a reasonable choice.

The conclusion is simple. Always calculate your profit before making a trade. Don't guess — use the formula. Better five trades with 0.5% profit each than one with 5% that you won't reach. Trading is math, not intuition. Keep this in mind, and your results will be much more stable.