📢 10th Post 🚀 #CRYPTOFACIL (28/01/2025)
💡 Strategy with the coin $FET
Today, I will share my trading strategy with FET
(Fetch.ai), a cryptocurrency that currently ranks 48th in market capitalization.
It is a project I have been investing in for some time and that I closely monitor, including the process of merging with two other coins that resulted in the formation of Fetch.ai, making the project even more robust.
Summary of my trading with FET
🔹 Average purchase price: $1.77
🔹 Average partial sale price: $2.105
🔹 Start price for buybacks: $1.20
🔹 Expectation for recovery: Confident that $FET will return to its recent highs.
My strategy with $FET
1️⃣ Initial position:
• My average purchase price was $1.77, which remains above the current value.
2️⃣ Partial sale at the high:
• I took advantage of the previous high to sell part of my position, with sales made at $2.105, consolidating gains before the correction.
3️⃣ Buybacks on the dip:
• After the drop, I started buybacks from $1.20, gradually accumulating, as the current price continues on a downward trend.
4️⃣ Confidence in the project:
• I am convinced that Fetch.ai, with its innovative and consolidated proposal, has great recovery potential. My expectation is that FET will reach its recent highs again and continue to grow in the long term.
💬 Question of the Day:
👉 Do you usually adjust your positions in long-term projects like Fetch.ai? 🚀
** Remembering that this is not a buy signal. Do your research.
