🧵 The Basic Plan from here ❗️
Bear market, sideways chop, recovery run to ATH then the mother of all crashes… doesn’t matter which.
If you’re down or new, start prepping for the next cycle
$BTC dominance is on the ascent, the basics until we get to the next big bull run…
Bear market, sideways chop, recovery run to ATH then the mother of all crashes… doesn’t matter which.
If you’re down or new, start prepping for the next cycle
$BTC dominance is on the ascent, the basics until we get to the next big bull run…
Step 1. Start averaging into the market
Start with #Bitcoin it is the de-facto lowest risk asset, the reserve currency of the space & can be traded into the majority or cryptos
It is reclaiming market dominance > means it will do better than majority of the market next 6 months
Start with #Bitcoin it is the de-facto lowest risk asset, the reserve currency of the space & can be traded into the majority or cryptos
It is reclaiming market dominance > means it will do better than majority of the market next 6 months
Step 2: When #Ethereum hits it’s bottom vs $BTC start slowly siphoning off small amounts of Bitcoin into $ETH
“But when bottom” doesn’t need to be perfect, 50%+ from it’s ATH vs Bitcoin valuation, start the process slowly.
Bitcoin runs first when hype returns followed by Eth
“But when bottom” doesn’t need to be perfect, 50%+ from it’s ATH vs Bitcoin valuation, start the process slowly.
Bitcoin runs first when hype returns followed by Eth
Step 3: Beyond this, alts are risky. Select a few decent alts.
When Ethereum is starting it’s uptrend against Bitcoin slowly scale a portion of your $ETH into your favourite alts
Throughout this entire process when in profit, set a rule… 50% stable 50% into the asset
When Ethereum is starting it’s uptrend against Bitcoin slowly scale a portion of your $ETH into your favourite alts
Throughout this entire process when in profit, set a rule… 50% stable 50% into the asset
Step 4: Take profits from your alts when they run against Bitcoin or Eth making new ATH
Don’t ignore USD value but their BTC/ETH valuations are a very good at pin pointing their fomo runs.
That is when you take the profits when it’s outpacing the biggest 2 cryptos
Don’t ignore USD value but their BTC/ETH valuations are a very good at pin pointing their fomo runs.
That is when you take the profits when it’s outpacing the biggest 2 cryptos
Step 5: Hodl your stablecoins or cash
You can return to BTC but ideally only in a black swan event or bear market
Do not start ape-ing into loads of random projects. Hodl and be happy with your profits. Overrule the greed and denial emotions
You can return to BTC but ideally only in a black swan event or bear market
Do not start ape-ing into loads of random projects. Hodl and be happy with your profits. Overrule the greed and denial emotions
This process so far has proved to be the case with crypto
Still an immature market. Each cycle including ourselves this time “it’s completely different, super cycle coming”
No the basic game is still being played, those who recognise it will do better than those who don’t ✅
Still an immature market. Each cycle including ourselves this time “it’s completely different, super cycle coming”
No the basic game is still being played, those who recognise it will do better than those who don’t ✅
None of this is financial advice
It’s based on research of previous cycles, the experience of this cycle and is for learning purposes only… to help you think more about the market itself, rather than any one project or coin
Majority of ppl entered near top of bull market 📈
It’s based on research of previous cycles, the experience of this cycle and is for learning purposes only… to help you think more about the market itself, rather than any one project or coin
Majority of ppl entered near top of bull market 📈
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