First of all, because of the expectation that the price will increase in the listing for the purpose of participating in the supply, the cheap price
to buy tokens.
Therefore, if you deposit 10 TL and place a sell order with a price of 9 TL, you will lose.
If you are going to act in this way here, it is better for the investor not to enter the supply at all.
Specifically, tokens on the bitcoin exchange can currently be purchased with TL, USDT and directly with BitciCoin.
However, listings are made with bitcoin parity, not TL or USDT.
In other words, the orders you place for buying and selling are made in bitcoin, not TL.
To explain with an example, you have decided to buy 100 TL from X tokens, each of which will be 1 TL.
If you buy this with TL, you get 100 with 100 TL. If you buy this with bitcoin in your hand
If you want, then by looking at the current bitcoin price, for example, if the bitcoin is 0.50 kr, 1 Tl X token
For the price, you need to give 2 bitcoins per each. You can get 100 X tokens for 200 bitcoins.
If you look for TL in the listing, buy each for 1 TL. You wanted to sell with 50% profit, in this case
You can sell them for 1.5 TL each and get a total of 150 TL. However, the listing is on the sales board.
It works with bitcoin parity, not TL parity board. So the price you give is X coins in your hand.
It shows how many bitcoins you will receive in return. Hence, bitcoin price comes into play.
If the bitcoin coin is 0.50 again, the calculation is easy. We bought 2 bitcicoins. With 3 bitcoins each, we have X
We sell the coins and get 300 bitcoins in return. If we want these bitcoins later, 150 TL
We can convert it into cash.
However, the bitcoin coin may have been for example 0.40 kr or 0.60 kr at the time of listing.
In this case, we need to calculate how many bitcoins we need to sell according to the amount of profit we want.
If we made the purchase with the ready bitcoin, not Tl, at the first purchase, then how many bitcoins would it cost?
By paying attention to what we are buying, we will see how many bits we will sell when selling, that is, our selling price.
we need to determine.
For example, Rangers Token has a price of around 0.385 kr, with about 3.97 bitcoins each, and
again, each of them was offered with a price of 1.53 TL. The price of bitcoin when it was listed was 0.34 kr.
Here, if we want to make profit on the basis of bitci and increase the number of bitci, for example,
If we can sell with 3.97 * 1.5 = 5.955 bitcoins for 50%, we will have a profit of 50% on bitcoin basis.
If we think of profit in TL, our purchase cost was 1.53 TL. TL equivalent of our sales price
It should be 1.53 * 1.5 = 2.295 TL. In this case, we should look at how many bitci makes 2.295 TL at the time of sale.
because the price we give when selling will be in bitcoins. With the price of 2.295 / 0.34 = 6.75 bitcoin
If we sell it, then we will have a profit of 50% on TL basis.
If the price of bitcoin is below the supply price, then according to the number of bitcoins we used to buy
our cost goes up and we can sell it for a more expensive bitcoin price and increase the quantity we have.
If the price of Bitcoin has increased, then we will reach our TL cost by selling (and it is valid within our profitable figure)
Since it is possible with a lower price than our purchase price, our profitable sale price is lower.
may be below. Therefore, it is necessary to pay attention to the price change between bitcoin's supply and listing.