Good evening traders:
I want to explain how I operate in this turbulent sea that is being a trader.
First lesson: profit is when you make a sale and can quantify the profit earned for a new investment.
Investment methods that I operate:
I buy coins from 0.01 to 0.50 and then sell them with a profit already defined.
Example: I bought $10.00 at 0.11 and then sell them at 0.25. I will earn a little over 1.00, but if I make 100 traders like that in a week, I will have earned 100 dollars. It may take hours or days, but I will have a profit.
I start trading coins from 0.50 to 0.99, calculating a profit between 10% and 30%.
Example: I bought 10.00 at 0.56 and then sell them between 0.75 and 0.80. I know that my profit will be between 1.90 and 3.00. This means that I will have a profit of between 10 and 25%.
From 1.00 my calculation will be at least 30%, so for example: I bought 10.00 at the price of 1.02, I will sell it at 1.32, having invested my 30%. I may even invest a higher amount, but it will depend on the market.
Another thing I always do is to have the money and divide it into 3 parts. Why?
If the currency I am investing in has a 10% drop, I buy more and correct the average price downwards, but maintain the selling price.
This is my rule and I am glad I have been successful in 3 months, going from 350 dollars to just over 1,000 dollars.
May more opportunities come.
Good luck to everyone and I hope I have helped to teach you, and as I said at the beginning,
Profit only exists when you make a sale.
