TO KNOW IF YOU REALLY HAVE PROFIT OR NOT ON EACH COIN? HOLDING PROFIT OR CUTTING LOSS? WHAT IS YOUR STRATEGY?

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How?

Click on the trading wallets, select each Coin, and continuously check the PLN throughout the investment period!

If your Coin's PLN and ROI are negative, specifically record how much the loss is to set a Hold target and wait for it to increase again and take profits!

If your Coin's PLN and ROI are positive, specifically record how much the Profit is, compare it with the target you set to see if it has reached 5-10-15-20-30% or even more to decide whether to Hold to continue waiting for profits or Take Profit temporarily and shift investment to another asset!

The strategy is up to you!

I limit advising you to Cut Loss (Of course, we can Cut Loss when it reaches the warning level of investment risk)! For example, reducing by 20, 30% compared to your net investment, the solution of cutting loss or waiting for recovery is the determination of each investor!

Wishing you victory!

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#SuccessJourney #CryptoTradingTip

Note:

PLN (Profit/Loss Number) of the investment coin is calculated by comparing the current value of the coin with the initial value when purchased.

The formula for calculating PLN is as follows:

PLN = (Current Price - Purchase Price) / Purchase Price

Where:

- Current Price is the price of the coin at the present time.

- Purchase Price is the price of the coin when you bought it.

Example:

- The purchase price of coin XYZ is 10 USD.

- The current price of coin XYZ is 15 USD.

PLN = (15 - 10) / 10 = 0.5 or 50%

This means that the value of coin XYZ has increased by 50% compared to the initial purchase price.

PLN can be used to assess performance.