However, by the time I had finally received it, the value of ETH has gone down so I only got around $9,700. So basically from there on, Im down 300 dollars.
It happens often, no worries because it's the volatility nature of cryptocurrencies , they may fluctuate instantly from red to green and vice versa, just deal with it as a normal event .
Let's say hypothetically, the alt coin I want to swing trade is priced at 45 cents. If the coin goes up to 47 cents and sell, I would have made $431 in profit
I don't trust such kind of investment, it's better to spread that 9700 $ ( which is a considerable amount ) on several "
well studied " coins