A simple yet effective strategy

Conversion is one of the best options in different exchanges. I dont know much about other exchanges but I used Binance this feature which is fantastic. This is the safest bet in trading and making profit.

I have wrote a post before and shared with you guys regarding conversion feature but It was not practical-ed. In todays post I will discuss what strategy is best in converting coin and making profits.

This feature is available in other options of #binance which is very easy to access. The purpose of this feature is to convert crypto coin to each other in instant way without setting limit orders. But recently, they have added new option of limit order as well which means that you can set limit order for conversion.

The strategy is quite simple and I have tried myself. Let me first tell you guys whom people will be more profitable with this feature. All those investors who look for long term and also wants to earn passive income is best for the conversion.

This will help you stay invested all the time in crypto and also makes you profit on daily basis. The strategy is simple. You have to select at least 4 different coins which are almost same in price.

This is must to select the coins which are same in price or with slight difference does not matter. This will have two benefits one that you understand about converting and the other that you will easily calculate your profit and loss.

Which means it will help you with calculations. 4 best coins which I consider are #HIVE #SAND #ADA #KDA. These are the coins which I tried but I will tune more by changing KDA which has more price difference to that of other selected coins.

You have to divide your investment into 4 equal parts and invest into 4 different coins. Now wait and see the price difference of coins to one another. A coin that pumps and rise in price must be converted to another coin whose price is steady.

Suppose #hive pumps and makes a difference of 5%. 25% of your amount which you invested in hive must be converted to any other selected coin and wait for the cool down of #hive. As you see the price gets back again convert that amount into hive.

Do the same practice and increase your coin quantity. This will make you huge profit and also by stay invested in Crypto coins.

Do you people like this conversion strategy and is that profitable? What are your favorite coins that you want for conversion? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

 NOTE: IMAGES EDITED IN CANVA.

Thank You!
Best Wishes.

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