📢 8th Post 🚀 #CRIPTOFACIL (26/01/2025)
💡 Opening my wallet: $XRP trading strategy.
Starting today, I want to open my wallet of 30 cryptocurrencies to share with you how I operate with each of them. Let’s understand my strategy for buying, selling, and the constant adjustment of positions!
To begin, I chose to talk about $XRP, a coin I closely monitor and that is part of my long-term strategy.
Summary of my operation with $XRP
🔹 First purchase: $0.48
🔹 Current average purchase cost: $0.77
🔹 Position for repurchase: $1.99
🔹 Expectation for selling analysis: $4.00
How I operate with $XRP
⚠️ Reminder: I never sell all of my position! Not of this coin.
1️⃣ Repurchases:
• I am positioned to start new purchases if the price drops to $1.99.
• My strategy is not to buy everything at once. As soon as the price reaches this value, I place 2-3 additional buy orders below this price to take advantage of further drops.
2️⃣ Sales:
• My expectation to start selling is positioned at $4.00.
• When reaching this value, I also do not sell everything at once. I place 2-3 orders above this price to take advantage of possible further increases.
3️⃣ Restructuring the strategy:
• Whenever the price reaches the minimum buying points or maximum selling points, I review my strategy. The goal is to always be prepared for market changes, keeping active positions and taking advantage of every relevant movement.
💬 Question of the Day:
👉 How do you trade your cryptocurrencies?
Share in the comments! Let’s grow together in the crypto world! 🚀
** Reminder that this is not a purchase recommendation. Do your research.
