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Interested readers can follow the evolution of Harry's virtual investments, but not taking them as an example or an advice, as everyone has to do his own research, knowing also of the riscico's to invest in the real crypto-kosmos and to not invest more then to what one can afford to loose.
prior note:
Harry today doesn't know anything yet of the transaction and eventually swap costs related at his virtual investments , so all the calculations are made without taking into account these costs.
Right after publishing day5 of this series, Harry decided to look for new trading opportunitys for in case the scenario of obtaining a 100$ profit should became a reality. His eye fell on this article here in PublishOx about Syscoin(SYS)
Having a look in livecoinwatch he saw a lot of green color, so he took a further look to see there's also a lot of dev activity in Git for this project, see snapshots below, taken septembre 7 2021 at ca11:40UTC
He kept reading a few minutes further about Syscoin(SYS) and became more and more trustfull about the growth potential of this project.
After that, he became curious about a title mentioning a "golden cross" in another article here in PublishOx and decided to give it a read.
So, along the way he is studying a little bit more about trading charts, and this golden cross seems to be a great bullish indicator, something to keep in mind... ... ... ... wednesday, septembre 08 5:15 am UTC: We saw the great regression in nearly all the tickers ,beginning with the two big ones, BTC and ETH, the alts following the same course, with a few exeptions, see DPR, FET,IDEX, to name 3 altcoins in the 1 to 165 range ...So ,apparently the golden cross wasn't bullish this time, on the contrary!
Up now to still same 2 tickers, same 2 snapshots, albeit with a slightly different content:
snapshot taken on septembre 8 2021 at 4:30am UTC :
As we can count , now the dollar worth of the amount of ICP bought for 250$ is: 3,7048 * 61,07= 226,25$
snapshot taken on septembre 8 2021 at 4:28am UTC :
As we can count , now the dollar worth of the amount of NOIA bought for 250$ is: 515,443159 * 0,390114 = 201,081592$
The total amount of dollar worth ICP and NOIA is now: 226,25$ICP + 201,08$NOIA = 427,33$
Harry decides it is time to profit from the great dip in nearly all the cryptocoins that occurred since yesterday, hoping that the price will surge again soon:
Harry decides to swap half of the $ICP, being 226.25/2 = 113.125$ for SYS and to stay in ICP, also for 113.125$
0.327149$ = 1 SYS
0.000001$ = 1/0.327149
113.125$ =1/0.327149 * 113.125 = 345.790450 SYS
61.07$ = 1 ICP
1$ = 1/61.07
113.125$ = 1/61.07 * 113.125 = 1.85238251 ICP
Harry decides to sell NOIA at 0.390114 and to invest the represented amount in dollar, being 201,08$ in Bitcoin(BTC)
46810.32$ = 1BTC
1$ = 1/46810.32BTC
201,08$ = 1/46810.32 * 201,08 = 0,0042956339542221BTC
Harry's cryptocurrency basket now:
113.125$ in ICP : 2.046831 ICP
113.125$ in SYS : 382.088895 SYS
201.08$ in BTC : 0,0042956339542221BTC
Harry has now three different cryptocurrencys in his basket, namely ICP, SYS and BTC for the 427.33$ that's now left from the initial investment of 500$.
Harry is thinking that the great dip was also a great opportunity to profit from, to buy some BTC and also to experiment with a tinier ticker like SYS that's promising in his eyes and could go to the moon sooner or later.
As for NOIA, he temporally said goodbye at this moment, in favour of BTC .
As for ICP, he keeps half that's left of them , to invest the other half in SYS.
That's it for today, keep it up People and let's see what the markets will bring to us tomorrow.
Meanwhile, let the sun shine in your lifes,
Beste wishes and
Cheers!
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