100 000 (one hundred thousand) pips should mean a change in price for example from 2000 to 3000, so with a trade of 1.0 lot it will be $1000 profit/loss, e.g. you are right
How to calculate pip values in Bitcoin trading:
- Volume: 1 BTC
1 pip = 0.1 USD
Therefore, for every 1 dollar movement in BTC/USD = 10 pips which is 1 USD because 1 pip = 0.1 USD
(Ex. 4025 BTC/USD to 4026 BTC/USD) - Volume: 10 BTC
1 pip = 10(0.1 USD) = 1 USD
I want to know how to calculate pipe on bitcoin
Hi, I have one quick question, in Forex on mt4, when I used the Crosshair tool from pont ‘A’ to point ‘B’, it displays 3 numbers, days, pips (4th decimal number), rate at point ‘B’ which I understand very well. When I do the same thing with BTC chart, the middle value, is a large number. So how the pips are measured in BTC? Thank you.
Hello,
In my standard account, I have make an entry in price - 10720. Lot size was 0.10. When the market price goes in 10820 then showing profit $10. So, 100 pips gives 10 USD. Spread was $15. I hope it will little help to calculate pip value.
Bitcoin trading is best for who maintain a high amount in their account.
Aminur Rahman
If you are using MT4, then try the following Formula:
Pip Value = lots x Volume x 0.01 (only for Cryptocurrency with 2 decimals for example BTC value = 4200.00)
Volume: units of the desire cryptocurrency per lot
Important: You must know how many BTC are included in 1 lot, and it depends on your Broker. The difference between trading with Forex and trading with Cryptocurrencies is that the Volume (amount of currency per lot) is different for each Broker in Cryptocurrency but it is the same for all Brokers in Forex (with Forex 1 lot is always 100,000 units of the base currency). The second important point is to know how many Pips you want to trade of the desire cryptocurrency. For example, BTC moves at least 4000 pips normally per day. If the actual BTC value is 4,200.00 USD and after one hour its value is 4,220.51 USD, it has moved 2051 Pips. 1 pip = 0.01. Once you know that, then use the formula.
Example 1:
Broker A: 1 lot = 10 BTC and I want to buy 1 lot and trade 5000 pips (Stop loss 5000 pips under the actual price). BTC actual price 4216.71 USD, my SL 4166.71 USD (5000 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 10 x 0.01
Pip Value= 0.1 USD
If I want to trade with 5000 pips, then 0.1 USD x 5000 = 500 USD. That means that I can win or lose 500 USD.
Example 2:
Broker B: 1 lot = 1 BTC and I want to buy 1 lot and trade with 5000 pips. BTC actual price is 4216.71 USD, my SL 4166.71 USD (5000 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 1 x 0.01
Pip Value= 0.01 USD
If I want to trade with 5000 pips, then 0.01 USD x 5000 = 50 USD. That means that I can win or lose 50 USD.
If you want to trade with other cryptocurrencies, you can use the same formula. ETH moves at least 850 pips per day. If ETH value is 116.00 USD and after one hour its value is 124.52 USD, it has moved 852 Pips. 1 pip = 0.01.
Example 3:
Broker A: 1 lot = 100 ETH and I want to buy 1 lot and to trade 800 pips (Stop loss 800 pips under the actual price). ETH actual price 116.33 USD , my SL 10.33 USD (800 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 100 x 0.01
Pip Value= 1 USD
If I want to trade with 800 pips, then 1 USD x 800 = 800 USD. That means that I can win or lose 800 USD.
Example 4:
Broker B: 1 lot = 1 ETH and I want to buy 1 lot and trade with 800 pips. ETH actual price 116.33 USD , my SL 10.33 USD (800 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 1 x 0.01
Pip Value= 0.01 USD
If I want to trade with 800 pips, then 0.01 USD x 800 = 8 USD. That means that I can win or lose 8 USD.
Now, if I know how much money I want to risk, how can I know how many lots of BTC or ETH do I have to buy?
Just use the following Formula:
Lots= Risk/ Stop limit (pips) x pip Value
Important: You must know how many BTC or ETH are included in 1 lot with your Broker
Example 1:
I want to buy BTC but just win or lost 100 USD with a stop loss of 6000 pips. My Broker is A, that means that 1 lot=10 BTC. The actual price of BTC is 4216.71 USD, my stop limit is 4156.71 USD (6000 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 10 x 0.01
Pip Value= 0.1 USD
Then,
Lots= Risk/ Stop limit (pips) x pip Value
Lots= 100 USD / SL 6000 pips x 0.1 USD
Lots = 0.16
That means that I must buy 0.16 lots with Broker A in order to win or loss 100 USD with a SL of 6000 pips.
Example 2:
I want to buy BTC but just win or lost 100 USD with a stop loss of 6000 pips. My Broker is B, that means that 1 lot=1 BTC. The actual price of BTC is 4216.71 USD, my SL is 4156.71 USD (6000 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 1 x 0.01
Pip Value= 0.01 USD
Then,
Lots= Risk/ Stop limit (pips) x pip Value
Lots= 100 USD / SL 6000 pips x 0.01 USD
Lots = 1.66
That means that I must buy 1.66 lots with the B Broker in order to win or lose 100 USD with a SL of 6000 pips.
Example 3:
I want to buy ETH but just win or lost 100 USD with a stop loss of 800 pips. My Broker is B, that means that 1 lot=1 ETH. ETH actual price is 116.33 USD , my SL 10.33 USD (800 pips)
Pip value = lots x Volume x 0.01
Pip Value= 1 x 1 x 0.01
Pip Value= 0.01 USD
Then,
Lots= Risk/ Stop limit (pips) x pip Value
Lots= 100 USD / SL 800 pips x 0.01 USD
Lots = 12.5
That means that I must buy 12.5 lots with the B broker in order to win or lose 100 USD with a SL of 800 pips.
The same for other cryptocurrencies.
Important note: The spread for BTC is normally high for regulated Brokers. Take in mind that the spread range nowadays can be 1500-6000 pips (with Coins with 2 decimals like ETH = 101.00). That mean that you must trade with higher pips in order to take profit. You can visit the web page of your broker in order to know the spread.
a). A movement from 7,347.99 to 6,916.28 will be -8.63 USD using a 0.02 lot size.
7,347.99 - 6,916.28 = 431.71 * 0.02 = $ 8.6342
b). A movement from 7,305.925 to 6,898.66 will be -4.07 USD using a lot size of 0.01.
7,305.925 - 6,898.66 = 407.265 * 0.01 = $ 4.07265
Go to this website. This will answer not only yours but everyone else who comes to this forum. Your welcome!
.investing.com/tools/profit-calculator
I don’t see this helping with pip value Profit only…
Thanks for your comphrensive answer. Pls, I want to learn more about cryptocurrencies which website or links can I get knowledge about it. Thanks
Google? Pick your favorite cryptocurrency, hop over to their website or their FAQs, and there you go. Are you looking for a course or anything in particular?
Start with learning about bitcoin as a basis. You can find plenty of info online about it and how it works. That knowledge can help you to easier to understand cryptocurrencies in general. Then, research about other cryptocurrencies, compare them with the bitcoin. All of them are pretty similar to each other. You can find a lot of info about bitcoins since they were one of the first that appeared on the market and introduced the term cryptocurrency. If you are interested in investment in general, here is a website for you https://investotrend.com/fundrise-review/. They explain everything about investment, including cryptocurrency and how do they work.
100 000 (one hundred thousand) pips should mean a change in price for example from 2000 to 3000, so with a trade of 1.0 lot it will be $1000 profit/loss, e.g. you are right
Yes, your calculations are right.
You tell me better. I am new with this currency, and I don’t know much about it, but I would like to. I read that you can make a lot of money with bitcoin and I like that thought. I’ve heard about cryptocurrency on a website, if you can visit it if you like https://coincompanion.io, I liked a lot when I read about bitcoin, and I understood that if I want to make real money, I’ll better to that using bitcoin. So wish me the best of luck, because I am at the start of a new and hard road of my life.
I think the simplest way to understand this is,
100,000 BTC= 100 pips
10,000 BTC= 10 pips
1000 BTC= 1 pips
On Tradingview or MT4’s measurement tool.
It is important to know that forex trading is a lot different from bitcoin and stock market investments. You have to use different strategies and different algorithms to make the most of the market situations. That’s the only way of making money in the market.
Surely someone must have developed a nice simple easy to use calculator by now??
This isn’t right. Unless I’m understanding you incorrectly. Can you explain what you mean by 1000 BTC = 1 pip?
There is no way “one pip” can be equivalent to 1000 BTC.
One BTC right now is $38,000 (market price fluctuates).
So that would be $38,000,000 just for one pip!
No way is a trader going to calculate and set trades on that basis.