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.
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