Calculating Profit:
Formula: Profit = (Future Price - Current Price) x Number of Coins
Example:
- Current Price: $0.22
- Future Price: $1.50 (projected by 2025)
- Number of Coins: 1,000
Step-by-Step Calculation:
1. Price Difference: $1.50 - $0.22 = $1.28
2. Total Profit: $1.28 x 1,000 = $1,280
Initial Investment: $220 (1,000 x $0.22)
Potential Profit: $1,280
Key Factor: Total Supply
- Low total supply: Scarcity drives price up faster
- High total supply: Price increases slower
Investment Insights:
- Understand total supply and circulating supply
- Anticipate price growth rate
- Identify optimal market entry for maximum returns
Stay Informed:
- Monitor $BLUM's market trends and updates
- Adjust investment strategies accordingly
Remember, cryptocurrency investments carry risks. Always conduct thorough research and consider your risk tolerance before investing.
