Steemit Crypto Academy | Week3 : Designing a Cryptocurrency Investment portfolio| By: @g0h4mroot, for the teacher @yohan2on.
I did it this way.
He had 7 coins on Tuesday April 27, 2021, at 12:53 pm.
In my portfolio I had 7 currencies as I was monitoring, due to the fall of bitcoin, what I did was change all my currencies to BNB, because I noticed that it had an upward trend so I changed all my small balances to BNB I collected a total of 117 , $ 54, and then exchange them for LTC, because I realized that the BNB / BTC exchange was very low, so when I did the BNB / LTC EXCHANGE, I got 0.45 LTC, which equals $ 117.26, in At that time the change was at $ 247 LTC / BNB, after a few minutes it suddenly increased by $ 255 to $ 261, at that moment I made a profit of about $ 6, from there I changed BTC, and then I bought BNB again, I kept buying BTC / BNB and as I saw a loss result, I waited a day with the BNB and then the BNB rose in PRICE from $ 587 to $ 602 at that time I decided to buy USDT, and I obtained a total profit of $ 126.53 for On April 30, 2021, if you had a little more patience, you would get a better profit because the BNB increased Then 10% would perhaps have about $ 133 or more.
My portfolio for Tuesday had $ 117.54 distributed as follows:
$ 78.36 in BNB.
$ 39.08 in BTC.
$ 0.05 in BUSD.
$ 0.02 in USDT.
$ 0.01 in TLM.
$ 0.001 in DOGE.
Although you had 7 currencies, I only dedicated myself to using the ones that were on the rise, which were BNB, BTC and LTC.
also add transactions and purchases!
MY RESULT:
for FRIDAY, APRIL 30, 2021.
CONCLUSION:
Note that in the different changes I made I lost in decimals in my summary but I gained in dollars, I imagine that this happened due to the change in price and currencies that I use, apart from this, binance charged me a commission of 0.12 per transaction, I imagine my earnings were higher!
Hi @g0h4mroot
Thanks for participating in the Steemit Crypto Academy
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The homework task required you to invest in 6 cryptocurrencies and not only 3. Kindly more effort into your work.
Homework task
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