TRADING CURRENCIES / CRYPTOCURRENCIES - ADVICE for BEGINNERS

in #money • 9 years ago (edited)

Just a little advice, People always tend to go for the high valued currencies. If you trade high valued currencies, it is guaranteed that you will make less money then trading low valued currencies..

Let me give you an example,

HIGH VALUE CURRENCIES - If you trade for example bitcoin. lets say bitcoin is valued $1.00 and you buy $100 worth of bitcoin. you get 100 bitcoin. ok lets say bitcoin price go up from $1.00 to $1.15 you make $15 from your $100..

LOW VALUE CURRENCIES - If you trade for example litecoin. lets say litecoinis valued $0.05 and you buy $100 worth of litecoin. you get 2000 litecoin. ok lets say litecoin price go up from $0.05 to $0.07 you make $40 from your $100..

hope this is helpful, hope all you guys trading get rich soon

Regards and remember to upvote :)) happy earning

#fast #earning #trading
9 years ago in #money by
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