MY PERSONAL STRATEGY TO BOOK PROFIT

Assuming you've purchased 100 ADA coins at a price of $1.52 each, totaling an investment of $152. The proposed strategy involves determining specific price points to execute profit-taking:

1. First, considering a 20% increase, calculating 20% of $1.52 and adding it to the initial price, giving a value of $1.824. Placing a limit sell order for 20% of the coins (20 out of 100) at this price point.

2. Next, when the price increases by 40%, aiming for a sell at $2.128, by again selling another portion (20 out of the remaining) of the coins.

3. Following that, upon a 60% rise, setting a sell order for another portion (20 out of the remaining) at $2.432. Calculating the potential profits if all orders execute successfully: -


First order: 20 coins sold at $1.824 = $36.48 - Second order: Another 20 coins sold at $2.128 = $42.56 - Third order:

Yet another 20 coins sold at $2.432 = $48.64 Totaling to: $36.48 + $42.56 + $48.64 = $127.68

This strategy would result in realizing $127.68 from the initial $152 investment, thereby securing profits of $127.68 - $152 = -$24.32, leaving you with 40 ADA coins remaining.

You could hold onto these remaining coins for a longer-term investment or set further sell orders accordingly.

This approach assumes that if ADA increases by 20% and then retraces, rebuying at a lower price would provide additional funds for future purchases, a common tactic in trading.