Now I will explain how to earn $30 per day from $XRP
How do you calculate profit when buying a digital currency?
For example, if you bought 100 units of $XRP XRP at $2.4 per unit, and then the price rose to $2.7 per unit, you can calculate your profit by looking at the difference between the price you bought it at and the price you can sell it at. In this case, the difference is $0.3 per unit.
Based on that, if you have 100 units of XRP, the profit will be multiplied by the number of units you own. If the unit has increased in value by $0.3, and the quantity you own is 100 units, the total profit will be $30.
It is important to remember that when calculating profit, you should take into account any fees that may be associated with the purchase or sale. There may be fees on the platform you use to trade or currency conversion fees, which may affect the net profit you make.
In summary, calculating the difference between the buy and sell price helps you know how much you will make from the trade, making it easier to make future trading decisions.