I made a little bit of profit of STRATIS. I sold all of them a few days ago, and now I have 1700 EUR instead of 1500.
I am not sure which amount to use now to add to the yellow cell for my Icon investment.
I have already invested 2000 in Icon. Do I add the initial investment of stratis (1500) or add the total amount (investment+profit=1700) to the cell?
Sorry if this sounds dumb. I'm new to this.
Here's an image to make it more clear:
Does depend on your if you are monitoring on how much you have profited among on the coins you have engage on but you can eventually add a row regarding on how much you do spend on and how much you profited on that trade so you can able to view % profits and the amount you have added as expense or capital on such trade.Better to go for compounding.
Yes, keep the major funds for longterm portfolio with Bitcoin and four or five altcoins. Take only a little fund for day trading, so you can make big profits without the risk of losing all funds and you can go with your little day trading part full risk.
Always secure out the capital and re-roll the profits which this is the thing what I'm doing now after all these years and it do works and the same time you are tabulating or making track all of your trades and same suggestion better not to put 1 egg on a single basket. The more the merrier.