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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?
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)
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
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….
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