Shiba Inu Profit Calculator | CoinCodex

I can figure out how much I’m profiting from my
Shiba Inu investment by inputting the initial cost, the buying
price, the selling price, and any related fees. My free Shiba Inu
profit calculator will quickly work out my gain/loss and the
overall amount I’m getting out with. Here’s how it works:

(Initial Investment
— Investment Fee) * ( Sell Price / Buy price) — Initial Investment
— Exit Fee

Here’s, an example:

• Initial Investment: $5,000
• Buy Price: $20,000
• Sell Price: $30,000
• Investment Fee: $50
• Exit Fee: $50

($5,000 — $50) *
($30,000 / $20,000) — $5,000 — $50) = $2,375

In this case the Shiba Inu profit would be
$2,375.

As an expert in the crypto industry with 10
years of experience, I have seen that finding the ideal moment to
sell crypto to make a profit is extremely challenging. The best way
to go about this is to keep in mind that earning profits from
crypto is far from a precise formula. Everyone has their own
objectives, so the most effective exit plan could differ
drastically for each person. As a general guideline, it is best to
cash out crypto gains gradually – this way, you secure some of the
earnings while still keeping a portion of the investment in case
the market continues to rise. For instance, one approach could be
to sell a portion of the position when it yields 20 – 25%. It is
important to remember that these numbers are completely dependent
on the specific goals of the trader.

As an expert with 10 years of industry
experience, I recommend using the dollar cost averaging (DCA)
strategy for long-term holders of Shiba Inu. This strategy involves
buying SHIB in predetermined sizes and intervals, helping to
minimize the impacts of short-term volatility on the average sell
price. For more experienced traders, they can aggressively
accumulate SHIB or even use leverage. However, it is important to
be aware of bearish chart patterns, such as death crosses, shooting
stars, and dark cloud covers, as they typically indicate an end to
the bullish trend. Acting quickly and protecting profits in these
situations is essential.