Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
Classy13
--
Follow
you think you're better than us ?? 🤣
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
BTC
105,978.82
+1.36%
128
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
Classy13
@Square-Creator-3a256648ac3
Follow
Explore More From Creator
How do I maximise profits when selling a coin? First of all let me tell you how, I minimise loses when I buy a coin and it's price value drops. I do one of these two things or both if my risk appetite and financial power allows it. 1. I use Dollar Cost Averaging tactic Buy coins at a fixed fee on regular intervals without caring much about price. For example; I could buy xrp coins worth $10 everyday. Scenario: Day 1: Purchase xrps worth of $10 at a price of $2.4 each. Which is 10 / 2.4 = 0,417 xrp Day 2: Purchase xrp worth of $10 at a price of $2.45 each. Which is 10 / 2.45 =0,0408 xrp Day 3: Purchase xrp worth of $10 at a price of $2.2 each. Which is 10 / 2.2 = 0,455 xrps That means I have bought a total of 0.417 + 0.0408 + 0.455 = 1.280 xrps at a price of a total price of $30 My average cost per xrp is 30 / 1.280 = $0,0234 2. I just hold the coin longer (usually a week to 3 weeks) until the price value goes up then I sell all coins. That is why I invest in the coins I trust such as $XRP , $SOL and $BNB Putting your investment in more than one coin is a recommended risk management strategy. You can't lose all your investment at once. You can also make profits from one of the coins today and make from other coins later instead of being on the pressure if you put all your eggs in one busket and the market goes against you. How do I maximise profits at the moment of selling? My trick is to sell a portion of the coins whenever the price increases. I can sell 30% of the coin at the current price then 30% at an increased price and %50 at a more increased price. How do I know the price changes? I set them in the Binance app. Steps: 1. Tap a coin pair from the market or trade tab, either of the two. 2. Tap Alert 3. Set alert type to when price increases to 4. I put the amount 5. Choose always and save. That's it for today Consider following me for more practical nuggets like this. Remember to follow and Repost.
--
thxx #Binance
--
trader brain active always $LAYER
--
$TRUMP and traders
--
If you have $10,000 to buy only one #altcoin , which would be your pick?🔥 $SOL or $SUI ?
--
Latest News
Tether Expands USDT Supply on Ethereum Network
--
Bitcoin(BTC) Surpasses 106,000 USDT with a 2.35% Increase in 24 Hours
--
U.S. House Speaker Johnson Seeks Vote on Temporary Funding Bill
--
Federal Reserve's Milan Suggests Dovish Stance Amid Government Shutdown Concerns
--
Federal Reserve's Shift Towards Dovish Stance Suggested by Recent Data
--
View More
Trending Articles
🚨 Ripple CTO Drops a Bombshell on XRP Holders! 💣 David Sc
samreen Adeel
The $GIGGLE Sniper Who Sold Too Soon: A $30 Million Miss the Blockchain Will Never Forget
ParvezMayar
It always starts the same way.
Bluechip
Solana (SOL) to Avoid Death Cross? Price Makes U-Turn
U.today
What If You Invested $1000 in $XRP and $HBAR Today and Co
Mastering Crypto
View More
Sitemap
Cookie Preferences
Platform T&Cs