With the listing of XYO ERXC20 token on Coinbase, a lot of people are figuring out just how unique this project is and its potential. At the time of the post, XYO is #60 on COINBASE with 74.8% buys and is holding around 0.038 in trade!
I've been on Coinbase for quite a while now and have taken advantage of the "free" crypto videos every time they are offered. What a cool way to learn about new projects and get at least three dollars of each Crypto featured. I would love to see this with XYO at some point in time but for now I have another option. Now I've seen a lot of folks blog about receiving the free crypto and then quickly trading it for another crypto of choice as quickly as possible. This is cool but I have another option to consider.
So today XYO token started to moon well above the 0.02ish range that it settle at last week. So I figured what the heck, I traded a small portion of my XYO holding for Bitcoin as the uptrend hit 0.04. Then when it dipped into the lowers 0.03's, I traded the Bitcoin back for XYO. During that time, Bitcoin prices rose 5% while XYO dropped roughly 20%. So in that process, I gained a healthy amount of XYO and then the price started inching up again! Either way price wise, I added tokens to my position in the trade and the best part, it does not cost anything to trade Crypto on Coinbase! So the percentage increase in my holding was "free".
So next time you are thinking about adding to your position for a particular crypto, see if this little free trick works for you.
As always, this is not financial or trading advise, just something neat that I stumbled on and thought I would share. Have a great rest of your weekend and thanks . for reading!
