CryptoG33
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The altcoin season is still in its early stages and we will see crazy increases 🤪
It will be normal for us to see currencies rise 50, 100 and 200 times
For example, the OM currency rose 250 times (25,000%) during the year
And God willing, we will see currencies that can make these strong increases 🤲
📌 For currencies like these, you must have a strategy for entry and exit, and I will share with you what I do
1. I determine how much value I will enter into the currency as an investment 💰
2. I make sure that I do not need this amount during (4 - 12 months) and if I lose it, it will not harm me financially at all (assuming I determined that the amount is $500)
3. I distribute my income by 500$ over the regions (DCA strategy).
If the currency rises from my normal entry price, I make the DCA above and enter at every bounce and correction of the currency settlement.
There will be different targets for the goals and you are free to exit at any profit percentage that suits you. 🙂
It will be normal for us to see currencies rise 50, 100 and 200 times
For example, the OM currency rose 250 times (25,000%) during the year
And God willing, we will see currencies that can make these strong increases 🤲
📌 For currencies like these, you must have a strategy for entry and exit, and I will share with you what I do
1. I determine how much value I will enter into the currency as an investment 💰
2. I make sure that I do not need this amount during (4 - 12 months) and if I lose it, it will not harm me financially at all (assuming I determined that the amount is $500)
3. I distribute my income by 500$ over the regions (DCA strategy).
If the currency rises from my normal entry price, I make the DCA above and enter at every bounce and correction of the currency settlement.
There will be different targets for the goals and you are free to exit at any profit percentage that suits you. 🙂
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