When you've already did setup your portfolio, one of the most important values is your Profit Loss shown in portfolio both on web app and mobile apps.
CoinStats allows you to change portfolio Profit Loss calculation between 4 options here.
All Time
This option calculates your all-time profit loss for a coin by taking into consideration all of your transactions.
For example,
You bought 1 BTC for $1000
You sold 1 BTC for $2000
You bought 1 BTC for $5000
You bought 1 BTC for $9000
Now BTC price is $10000 (and you own 2 BTC)
Your All-time P/L will be 10000 - 5000 + 10000 - 9000 + 2000 - 1000 which is $7000
Current Holdings
This option calculates your P/L by taking into consideration only the holdings which you own right now. If we take the previous example again
You bought 1 BTC for $1000
You sold 1 BTC for $2000
You bought 1 BTC for $5000
You bought 1 BTC for $9000
Now BTC price is $10000 (and you own 2 BTC)
Your Current Holdings P/L will be 10000 - 5000 + 10000 - 9000 = $6000 because you own only 2 BTC now.
Last Trade
This option calculates your P/L by taking into consideration ONLY your last trade. It is very useful to track your last position for each coin. Again, if we take the previous example.
You bought 1 BTC for $1000
You sold 1 BTC for $2000
You bought 1 BTC for $5000
You bought 1 BTC for $9000
Now BTC price is $10000 (and you own 2 BTC)
Your Last Trade P/L will be 10000 - 9000 = $1000 because your last trade was buying 1 BTC for $9000
24 Hours
24 hours profit loss simply calculates your coin balance change during the last 24 hours. It takes the 24h change of the coin and "multiples" it by how much you own
Thanks for reading the article and I hope it was helpful.
Not using CoinStats yet?