Let's end this series with a real life example. (For context, read the RLCBTC and ROSEBTC trade-ideas shared at the bottom of this post.)
➖ First, SUPERBTC grew more than 100% (2X) within 36 days. 1 BTC into this pair at the low would turn into 2 BTC at current price.
At the same time this Altcoin was growing, within the same 36 days, Bitcoin moved from $70,000 to ~$57,500 (a small drop). 1 BTC would remain 1 BTC (no earnings).
➖ Second, SUPERBTC shows potential to continue growing. Many of the Altcoins have been hitting new lows, multi-year lows and All-Time Lows. This type of opportunity doesn't repeat often.
➖ Third, there are hundreds of Altcoins in the same situation. They will grow strongly in the coming days.
Trading Altcoins
👉 Example 1: Say you hold 1 BTC and Bitcoin grows from $60,000 to $80,000 in 60 days. Your 1 BTC remains 1 BTC. Perfect.
👉 Example 2: Say you buy one of the many bullish Altcoins, such as RLCBTC or ROSEBTC published recently and the pair grows 200% (growth potential can be much higher) within 60 days.
Your 1 BTC would turn into 3 BTC. This is great. This is better. Trading 101.
👉 Example 3: Say you buy a pair that does good and grows 500% (6X). 1 BTC would turn into 6 BTC.
This is Cryptocurrency trading made simple.
Notes
— Some pairs can move down. — Patience is key. — Timing is important. — Making the right choice is important. — These are only examples.
— This is not financial advice. — Do your own research and planning.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.