Month: August 2021

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Trading Ideas

Indicators for Crypto Trading

August 2, 2021 admin Comments Off on Indicators for Crypto Trading

Whether you’re stacking sats or accumulating more DOGE than Elon Musk, it pays to know certain indicators for crypto trading. It doesn’t matter if you are a swing trader, day trader or someone who just loves to HODL; these tips apply to anyone trying to profit off of the notoriously fickle crypto market.

What Does a Mathematician from the Middle Ages Have to Do with Maximizing Your Profits?
Whatever your ultimate goals are, chances are that you’ve heard the name Fibonacci tossed around. Crypto Twitter seems to be especially fond of the Italian genius. If you hang around for a bit, you’ll …read more […]

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Trading Ideas

What is the Cost of Goods Sold (COGS)?

August 2, 2021 admin Comments Off on What is the Cost of Goods Sold (COGS)?

Businesses seek to generate profit. To do this, they sell goods to bring in revenue. But revenue and profit aren’t the same. To get from one to the other, you need to factor in the cost of goods sold (COGS). COGS represent the amount of direct material, direct labor and overhead used to produce goods sold by a business. In short: the cost subtracted from sales revenue to get a gross profit figure.
COGS is sometimes referred to as “the cost of sales” because it represents the upfront investment needed to produce a saleable product. The important thing to remember …read more […]