I LOST 5/5: MY TOP 5 BEST CRYPTOCURRENCIES TO BUY LAST MAY 2018: HOW IT WENT...

in #bitcoin7 years ago

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So I successfully reviewd the top 5 cryptos to buy last month. I was glad they will.
But I was thrown off balance/..Why?

Bitcoin went to sleep...

Before we start, you need to know that I am not shame to admit the below...

So, see my analysis as it was. ...

5 . Ripple

Initial price – April, 2018 - $0.849630
Current Price – May 2018 - $0.593241
Initial Market cap - April, 2018 - $427,534,440,908
Current market cap - May 2018 - $320,215,416,438
Difference in Market Cap - $107,319,024,470
Difference in price - $0.256389
Meaning – $107319024470 M.C accounts for $0.256389

Initial Result – Loss (based on deep)

 

4 . EOS

Initial price – April, 2018 - $17.61
Current Price – May 2018 - $11.91
Initial Market cap - April, 2018 - $427,534,440,908
Current market cap - May 2018 - $320,215,416,438
Difference in Market Cap - $107,319,024,470
Difference in price - $5.7
Meaning – $107,319,024,470EOS M.C accounts for $5.7

Initial Result – Loss (based on deep)

 

TREZOR_T_VS_TREZOR_VS_LEDGER_NANO_S_BITCOIN_WALLETS_REVIEW_.png
Link to post

 

3 . Cardona

Initial price – April, 2018 - $0.359683
Current Price – May 2018 - $0.206825
Initial Market cap - April, 2018 - $427,534,440,908
Current market cap - May 2018 - $320,215,416,438
Difference in Market Cap - $107,319,024,470
Difference in price - $0.152858
Meaning – $107,319,024,470 accounts for $0.152858ADA M.C (this is a clear cut gain)

Initial Result – Loss (based on deep)

 

2 . ONT

Initial price – April, 2018 - $7.28
Current Price – May 2018 - $6.32
Initial Market cap - April, 2018 - $427,534,440,908
Current market cap - May 2018 - $320,215,416,438
Difference in Market Cap - $107,319,024,470
Difference in price - $0.96
Meaning – $107,319,024,470 accounts for $0.96ONT @ M.C (this is a clear cut gain)

Initial Result – Loss (based on deep)

 

1 . ICON

Initial price – April, 2018 - $4.57
Current Price – May 2018 - $2.59
Initial Market cap - April, 2018 - $427,534,440,908
Current market cap - May 2018 - $320,215,416,438
Difference in Market Cap - $107,319,024,470
Difference in price - $1.98
Meaning – $107319024470 accounts for $1.98 ICON (this is a mild gain)

Initial Result – Loss (based on deep)

 
 
I know you may be surprised that I reviewed a non successful analytics. No, I am transparent enough to admit what has to be done.
How to really know if they were a loss?

Wait till the Market cap add up as we bought the coin in May and April, 2018

 

top_5_crypcurrencies_to_buy_in_june_.png

Link to post

 

How to Determine the Real Analysis?

 
The market cap at April was $427,534,440,908. But As of the time of review, it is down at $320,215,416,438.
Meaning, we have to wait and see what comes up when the market cap returns to its initial as of the time of purchase (in early April and May 2018).

Are you getting the idea at all?

That is it. When $107,319,024,470 add up to $320,215,416,438 = (to make it) $427,534,440,908, as at the price we bought our coins.

From there, I will be glad to make a round up Profit and loss analysis.

Note, I do this always, do you might need to join the Millionaires cycle for it….
 

Join the Millionaires Circle for long and short term cryptos and tools...

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin7509.940$1.75%-0.88%
EOSEOS12.296$0.7%-1.27%
ICXICON2.751$5.11%-1.33%
ONTOntology7.220$12.38%7.86%
XRPRipple0.611$2.05%-2.76%

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