I own 6 Sol coins. At 150.00 per coin if Sol reaches 750.00 per coin how much money do I have?
7/7/2024 04:49am
To calculate your potential profit if your 6 Solana (SOL) coins reach a price of $750 per coin, we can use the following formula:
Profit = (Price at Profit Target - Purchase Price) x Number of Coins
In this case, the Price at Profit Target is $750, the Purchase Price is $150, and the Number of Coins is 6.
Profit = ($750 - $150) x 6
Profit = $600 x 6
Profit = $3,600
Therefore, if your 6 Solana (SOL) coins reach a price of $750 per coin, your investment could yield a profit of $3,600. However, it's important to remember that this is a hypothetical scenario, and actual profits may vary based on market conditions and other factors. It's crucial to consider your investment goals and risk tolerance before making any investment decisions.