How much can we earn with crypto for $10/month in 1 Year (Cardano version) Hello, community. This post is not only about how much profit you can get from crypto investments. Some people think it's too late to dive into the crypto ocean. It's not late. Personally, in Oct 2020, I have similar thoughts. $10 USD - for a lot of people it's nothing. I know that there are a lot of people with a smaller monthly income too. But, just think about it. If I'm not mistaken, the smallest amount for trading action on Binance is $10. What I've done? I've searched an article on CoinTelegraph Oct 02, 2020 and on Medium Oct 07, 2020. Some trigger to start to invest in Cardano. https://cointelegraph.com/news/the-cardano-foundation-will-preserve-its-independence-says-new-ceo https://medium.com/coinmonks/cardano-share-price-just-before-a-90-raise-c27cedc605 Then I've used random dates to find the random daily price of $ADA token. 1 year, 10 dollars a month, random price, the result is surprising. Let's go Oct 15, 2020 Price per token: **$0.108** Amount bought: **ADA 92.59** Nov 6, 2020 Price per token: **$0.099** Amount bought: **ADA 101.01** Dec 15, 2020 Price per token: **$0.154** Amount bought: **ADA64,94** Jan 24, 2021 Price per token: **$0.362** Amount bought: **ADA27.62** Feb 8, 2021 Price per token: **$0.687** Amount bought: **ADA14.56** Mar 17, 2021 Price per token: **$1.31** Amount bought: **ADA7.63** Apr 21, 2021 Price per token: **$1.246** Amount bought: **ADA8.03** May 10, 2021 Price per token: **$1.664** Amount bought: **ADA6.01** Jun 16, 2021 Price per token: **$1.515** Amount bought: **ADA6.6** Jul 11, 2021 Price per token: **$1.335** Amount bought: **ADA7.49** Aug 4, 2021 Price per token: **$1.341** Amount bought: **ADA7.46** Sep 14, 2021 Price per token: **$2.46** Amount bought: **ADA4.07** Spent $120 Bought $ADA 348.01 tokens Now Sep 27, 2021, the price is about $2.25. And the token amount is now worth $783.02 783.02 - 120 = 663.02 Of course, someone can say I've made a mistake excluding some hundredth (fees, calculation) But it's still a huge profit, I think. Just imagine it was not $10/month if it was $50-250/month. I've been on that train. But, I'm just a human...
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Glad to know that you earned this huge profit with this little amount. If it was $50, the profit must be huge but still it's enough and handsome amount.
Sorry, maybe I was not so strict in phrases, but that is not my profit. That was just an experiment, to show people, that nowadays it's still not too late to start investing in cryptocurrencies. Personally, I've made a Mistake. I've sold my $ADA in July...have some dirty words how to describe myself now. I've paid for the experience. Thank you.