Honestly, when I first started trading, I didn't understand at all why you even need to calculate profit. I just bought a coin and waited for it to grow. The result? I was stuck in trades for weeks, sometimes months. Then I realized that this is a basic mistake made by beginners.

So what is profit? It's simply your target price at which you exit the trade with the desired profit. Nothing complicated. You buy a coin at one price, calculate in advance at what price you'll get your percentage of profit, and place a sell order there. That's it.

Why is this even important? Because without a clear plan, you'll be waiting for a miracle, and the market will just ruin you. When you understand what profit is and how to calculate it, you start earning small frequent profits instead of chasing one big move that may never happen.

The profit calculation formula is straightforward: the target price equals the entry price multiplied by (1 plus profit percentage divided by 100). It sounds complicated, but in practice, it will take you 10 seconds.

Let's look at examples. Suppose you bought a coin at $1 and want a 0.5% profit. Calculating: 1 multiplied by 1.005 equals $1.005. You place your order at this price. Simple, right?

The second example is a bit more complex. You bought at $0.328 and want a 0.6% profit. The target price will be 0.328 multiplied by 1.006, which is approximately $0.330. You exit at this price.

Now the main question: what profit size should you set? If you don't want to stay stuck in a coin, aim for about 0.3 to 0.6 percent. If the coin is volatile, you can raise it to 0.7 or even 1 percent. But above 1.5 percent? That's already a high risk of not reaching it, especially if the market isn't growing.

Here's the catch: if you set too small a profit, it might not cover the exchange fee itself. If it's too large, you simply won't reach that price and will stay in loss. It's like going to an unfamiliar city without a navigator.

The fee is usually about 0.1 percent for entry and 0.1 percent for exit, totaling 0.2 percent. So, your profit should be more than 0.2 percent just to break even. If you set it at 0.5 percent, your net profit after all fees will be about 0.3 percent.

Currently, BTC is trading around $80,620, ETH around $2,260, BNB around $682.70. If you're trading at these prices, the profit calculation principle remains the same.

The simple conclusion: always calculate your profit before entering a trade. Don't guess, don't rely on intuition. It's better to make five trades with 0.5 percent profit each than one with 5 percent that you won't reach. Trading is math, not guessing. When you understand what profit is and apply it in practice, your results will be completely different.