read.cash is a platform where you could earn money (total earned by users so far: $ 779,908.28).
You could get tips for writing articles and comments, which are paid in Bitcoin Cash (BCH) cryptocurrency,
which can be spent on the Internet or converted to your local money.
OOPS I did it again, I played with my coins, got lost in the game. I thought a big dropper would be interesting....but I overlooked one fact......
If the coin is expensive and I can only buy 4.5 coins the profits, even though it´s 44 cents per coin after 2 days, still adds up to $2.10 only. While I invested $27 Dollar.
Now in my simple mind the question raises: Is that worth it?
Because if you buy a 1000 cheap coins that go up 1 cent, you just made $10.
As I am trading on a budget I am truly wondering if my way of thinking makes sense.
Because maybe I am bias and it´s triggered by the fact I made most profits (so far) of the coins that are worth less than $0,05.
And lost mainly on the more expensive coins e.g. NEO & ZEC. This can be pure coincidence, or is there something to it?
Which brings me to the next question how much should I make on a sell? Should I aim for a standard, say 10%....or should you follow the market and sell before they drop....or right after the initial drop?
Right now I do the aim on 10% and sell with any type of profit if it takes to long. But what I noticed is that this young grasshopper still needs to learn the true meaning of patience.
I got so lost in the game and in the playing with my coins that I added an other $122 to my trading account. And again I had to pay the price for doing so.
As I am a tiny bit wiser I checked the worth of that amount of BTC I received (0.00376777 BTC) right away and it added up to 108 dollar. So now I know who get really rich from trading. The people turning your hard earned analog coins into zero´s & ones.
Well there´s only one to blame here and that´s me🤔. As I clicked the fast VISA option, instead of checking out the the actual prizes.
So if you are not in a hurry to get your money in the exchange, I advise to use the Paxful, Pay Pal or Bank Transfer option. That will easily save 10 dollars in fees.
But this Bitcoin Baby is here to learn so you don´t have to. And I unfortunately only learn the hard-way.