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Thursday, January 18, 2018

Cryptopia, Gains, Losses, and Percentages.

Welcome to the next post on AllThingsCrypto! Today we will be talking about prices and percentages on Cryptopia. This will hopefully give you an idea on what I'm talking about when I talk percentages. As always, please feel free to ask questions! I will answer them to the best of my ability OR I will refer you to someone who can. Thank you for reading!
Please keep in mind that I am not a professional trader, and my opinions are only opinions. Please do your own research before you buy or sell. I may receive a small benefit if you sign up for Cryptopia under my referral link. This helps me continue to run this blog full time and provide more information to ya'll.

Smallest Valued Cryptocoins; Top 10:
This picture shows the ten smallest valued cryptocurrency coins on Cryptopia. These values change pretty quickly both up or down. The joy about these tiny coins is that you can buy thousands for much less than the bigger coins and then sell them once they reach a certain price that you choose. If they do NOT go up, you're not out as much.

Percentage Gains over 24 hours; Top 10
This picture is the highest percentage gains as of around seven pm, US Central Standard time. When trading, you look at percentages gained and decide to sell based on the income you would receive by trading into your desired currency and whether or not the price will continue to go up or down. This is the art of trading...trying to figure out when to buy and sell. When you see large percent increases, the choice to sell is more tempting especially when you examine the next picture.

Biggest Losses over 24 hours: Top 10
Here you can see the percentage losses. Now, if you'd sold any of these coins when they were at the previous percentages, now would be the time to go ahead and re-buy the coins of your choice. Now, with the prices back low, you stand to benefit from these decreases much more.

Please Remember!

The goal of this post is to provide familiarity to those who may be new and who know nothing about trading. I know this is very simplified, and that is okay with me. My interest is the newbie, the person who knows next to nothing. Thank you for reading! Tune in later to learn the intricacies of sending/receiving, trading, and more!

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