Pepe's strong correction makes me a bit sick, so I switched to a long-term trading strategy. I'll share my strategy with you. I set up an instant trading robot, which can work for months or even years from now on. I set it to the lowest possible option and the highest price ever. As an extra setting, I added the option to raise the entire trading rungs if it crosses the all-time high price. I have set the trading orders so infrequently that it will produce a trade profit of 5.10% at the bottom and 25.88% at the top. The lowest price limit allowed by the trading robot is 0.00000338 USDT/PEPE, the highest price limit is 0.0000175 USDT/PEPE. I allowed this wide range for 16 trading orders, so the above-mentioned 5.1-25.88% trading profit comes out for the 16 trading steps. This means that the robot sells at an increase of 8.5% from one point, and buys at a drop of 8.5%. Starting today, I can sleep easy because I know that Binance will generate the money for months, or even years, from the investment I deposited to make it work for me. When the price of PEPE will fall, my investment will also fall, I know, but you buy the coin cheaper and cheaper, up to the price of 0.00000338 USDT/PEPE. When the price of PEPE increases, my investment will also increase, up to a price of 0.0000175 USDT/PEPE (in fact, above the cap price, since the extra adjustment allows the cap to be the starry sky). With this setup, I cannot expect to trade in areas with price fluctuations between 8.5 and 17%, but in the long term it provides exceptional security for my investment. I am also aware that I will probably earn much less with this strategy than if I used the talent of a fortune teller to wait for the bottom of the market price with a large purchase and wait for the peak of the price fluctuation with a large trade: I am not a fortune teller and I do not see into the future. I think I got rid of unnecessary stress.
In any case, I trust that the bull market will continue, (don't get me wrong) but I don't know when the rest of the investors in the crypto market will panic and sell...?! I was prepared for both cases.
What do you think?
#trading #bearmarket #bullmarket #pepe #tradingrobot
All investments should be your own decision! I wrote what I wrote for information only!
