๐กโ Crypto SIP Strategy (Smart Investment Plan)
๐น Concept:
Invest a small fixed amount regularly (daily/weekly) into select cryptocurrencies, like a Systematic Investment Plan (SIP) in mutual funds.
๐ Plan Breakdown:
1. Initial Setup:
Start with โน100 to โน500 per week (adjust as per budget).
Choose 2โ3 fundamentally strong coins (e.g., $BTC , $ETH , $BNB )
2. Part-Wise Strategy:
๐ฐ Weekly Budget: โน500
๐ธ โน250 in BTC
๐ธ โน150 in ETH
๐ธ โน100 in trending altcoins (e.g., SOL, PEPE, etc.)
3. Buying Style:
๐จUse market dip days (red days) for small entries.
Use Binanceโs recurring buy feature or set reminders.
4. Goal & Timeframe:
Hold long-term (3โ12 months).
๐Monitor every 30 days, not daily to avoid panic.
5. Exit in Parts:
Book partial profits when the portfolio grows 20โ30%.
Reinvest some profit in stablecoins for future dips.
๐ โ Benefits:
No need for big capital.
Reduces risk of bad entry timing.
Builds discipline and patience.
Helps in rupee cost averaging (RCA).
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๐ Tools You Can Use:
Binance Recurring Buy
CoinMarketCap Alerts
CoinStats Portfolio Tracker