Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
Classy13
--
Follow
how much profit do you earn tell in comments
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
324
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
you think you're better than us ?? 🤣 $BTC
--
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
--
Latest News
PayPal to Launch In-Store Payment Services in Germany This Summer
--
Tether Announces Launch of Open-Source AI Project
--
Kyrgyzstan to Launch Gold-Backed Stablecoin Pegged to USD
--
Vitalik Buterin Discusses Security Concerns in Ethereum's L2 Network
--
Bitcoin Spot ETF Purchases Surpass Mining Output
--
View More
Trending Articles
🔸Write To Earn 🔸Earn Daily 5 USD 👇🏻 [Click me to apply
Mughal sami
THE BRUTAL TRUTH ABOUT CRYPTO TRADING (That No One Tells You
Lucky_Block
Elon Musk Just Dropped a Crypto Bombshell — Here's What You
khan Arts
“What Dr. Nicholas Just Said About Pi Network (Shocking!)”
Mbeyaconscious
🚨 SOL/USDT ‼️ URGENT ALERT for SOL/USDT HOLDERS ‼️ LONG Tra
SHAHBAZ SMC
View More
Sitemap
Cookie Preferences
Platform T&Cs
