Cryptocurrency Spot Strategy, Stable Profit of 7 Figures Thanks to These Experiences
After 8 years in the circle, from previously losing a house to now having a stable annual profit of 7 figures, it’s all experience gained through real operations with real money, which I now share with everyone (suggest to like + save to avoid losing it later)
1. Divide the available funds into ten parts; for example, if you have 10,000, divide it into ten parts and use 1,000 for each trade.
2. Use one part of the funds to buy two Ethereum/ETH at the spot price.
3. If the price drops by 10%, buy another part.
4. When the coin price rises by 10%, sell one part.
5. Repeat the above steps until all funds are used up or all the coins you hold are sold.
With this strategy, once you buy in, don’t worry even if the coin price drops, because when the price drops, we will continue to buy.
In fact, if all 10 parts of the funds are used up, the coin price has dropped by at least nearly 100%. Unless faced with a market crash, the price won't drop so fast. From a profit perspective, each time you sell, the funds can bring a profit of 10%.
Taking a total capital of 100,000 as an example, if you use 10,000 each time, each sale will yield a profit of 1,000.
However, this strategy also has some problems. A 10% fluctuation is relatively large, which may lead to trades not being easy to execute, thus requiring a longer waiting time. This can affect the efficiency of fund usage, as the funds may remain idle for a long time or be occupied by a specific asset.
However, this problem can be solved by narrowing the fluctuation range. For example, you can choose to buy more stable coins and invest in Binance wealth management products when funds are idle. This way, you can earn additional profits while waiting for the price changes.