POINT OF ENTRY INTO CRYPTOCURRENCY TRADING
How to get Started
After your account has been credited from any of the EXCHANGES, you need to divide your CAPITAL into at least 4 parts or ratios where only three parts are used as investment into three different viable COINS.
The forth part is expected to be emergency fund and hence untouched.
That is… 0.01580875 BTC/4 = 0.00395219 BTC
Therefore, One part is 0.00395219 BTC
A question that readily comes to mind at this stage is “What cryptocurrency (alt coin) do I buy with each part of my investment capital?
The answer is simply any currency with which a unit of it can be bought at only small satoshis. Assuming you bought these coins at the unit price quoted here…
TRON (TRX): 0.00000420 BTC
VERGE (XVG): 0.00000484 BTC
ADT (ADT): 0.00000729 BTC
LEND (LEND): 0.00000765 BTC
Remember, you are investing 0.00395219 BTC
Hence for each of these coins you will have these units in each wallet:
TRON: 940.998 TRX
VERGE: 816.568 XVG
LEND: 516.626 LEND
As an investor, you buy goods from markets at low prices and sell above the buying or cost price. Now, assuming you intend to sell each of the coins invested in at 25% profit if trading platform fee is ignored, you will make a total profit of 75% at the end of the close of your trade.
The three coins invested Capital: 0.01185657 BTC
25% Profit for each coin amount to 75% Profit: 0.00889243 BTC
While Running Capital (uninvested capital): 0.00395219 BTC
NGN: 78,125.00. Profit: 28,125.00
BTC: 0.02470119. Profit: 0.00889243
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