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How to understand the calculation of my profit in Binance?

So, if I have 0.0001 BTC, i.e., 0.1% BTC, then if my profit is 1$, the BTC price has gone up 1000$, but since when I bought the BTC, the price hasn’t varied for more that +/- 300$, maybe something else goes into the Profit & Loss computation in Binances’ margin page?

dnd 5e – How much profit can a low-level caster make by offering Mending as a service during downtime?

It’s totally up to the DM, but probably not a whole lot

The best citation I know of for this is from the Player’s Handbook:

Spellcasting Services

People who are able to cast spells don’t fall into the category of ordinary hirelings. It might be possible to find someone willing to cast a spell in exchange for coin or favors, but it is rarely easy and no established pay rates exist. As a rule, the higher the level of the desired spell, the harder it is to find someone who can cast it and the more it costs.

Hiring someone to cast a relatively common spell of 1st or 2nd level, such as cure wounds or identify, is easy enough in a city or town, and might cost 10 to 50 gold pieces (plus the cost of any expensive material components). (PHB, Chapter 5: Equipment, Expenses, Spellcasting Services)

So the best guidance this gives in terms of an actual money value of such a service is less than 10 gold pieces. But even 9 gold pieces per casting is a lot! It’s enough to finance a wealthy lifestyle with just one task every other day (also drawn from the same section of the PHB, under Lifestyle Expenses).

And, I would argue, it’s too much for this service. The biggest issue is that Mending is a cantrip available to many classes (Bards, Clerics, Druids, Sorcerers, Wizards, and Artificers; more, if people want to take relevant feats).

Services that are easy to find are less expensive than rarer ones, and there is a real chance of being undercut on pricing by someone else who knows the cantrip. It’s probably not realistic to think that your player’s character could command 9 gold per casting– that would mean anyone who knew that cantrip would be wealthy, which would suggest that a lot of people would make the effort to learn it. And if it’s widely known then at least some people will be willing to provide the service for less.

Finally, the starting wealth for the classes with easy, automatic access to Mending is not exorbitant, which suggests that this should not be a huge moneymaker. It’s as high as 5d4 * 10 gold pieces at the top for Bards and Clerics, as low as 3d4 * 10 gold pieces for Sorcerers. It’s only 2d4 * 10 gold pieces for Druids, but they might not be as focused on money as other classes.


14 silver pieces to 7 gold pieces per day is reasonable as a guideline if you want variety in earnings, or 1 gold piece per day if you want it to be steady

The range is drawn from the possible outcomes listed in Xanathar’s Guide to Everything (Chapter 2: Downtime Revisited, Example Downtime Activities, Work). I won’t reproduce the table, but those are the extreme ranges of results. The single gold piece per day is drawn from the PHB (Chapter 8: Adventuring, Between Adventures, Downtime Activities, Practicing a Profession).


Make sure you don’t let the tail wag the dog

Wealth has an odd representation in D&D 5e, and while players often enjoy earning money (especially in creative ways) their ability to do so doesn’t really drive much in the game.

The only downtime the PCs will have available is what the DM explicitly grants to them. The amount of money that people have to spend on magical mending is totally up to the DM. The major determining factor in how much money a PC can make during downtime is more a function of how much money the DM wants them to have than it is a function of how valuable the PC’s service is. It is entirely sensible (though definitely not necessary) for the DM to make a judgment more on that basis than on how much a real tradesperson in that setting might charge or earn.

dnd 5e – Profit from Mending

A low level spellcaster with no tool proficiencies would like to earn some money in downtime. How much could typically be earned per month by using the Mending cantrip to repair assorted items?

Mending
This spell repairs a single break or tear in an object you touch, such as a broken chain link, two halves of a broken key, a torn cloak, or a leaking wineskin. As long as the break or tear is no larger than 1 foot in any dimension, you mend it, leaving no trace of the former damage.

profit or loss when going short in spot trading BTC/USDT

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

cryptography – Start mining with 2GPUs vs Re-selling for profit

I currently own a rtx 3060ti and 3070 (bought them at 503usd and 657usd on january 2021) I wanted to ask if I should start mining ethereum with these two rigs or should I just re-sell them right now. If I start mining, I already have:
CPU: i5-10400f x2
PSU: Thermaltake 750W (80+ Gold) / Corsair 650W (80+ Bronze)
Motherboard: Asrock b460 phantom gaming 4 / Asrock b460 pro 4
RAM: Corsair Vengeance DDR4 (8GBx2) / Gskill DDR4 16GB/3200 sniper x
SSD: Corsair M.2 PCIe 480GB
Since I have two gaming computers, I want to use the components from one of them to create a 2GPU rig. I’m planning to buy a cheap GPU to replace my current PC since I rarely game nowadays. The extra costs are the GPU risers and frame which are cheap.

buy bitcoins – how to calculate SOPR (spend output profit ratio)?

buy bitcoins – how to calculate SOPR (spend output profit ratio)? – Bitcoin Stack Exchange