I do not hide that my goal for the upcoming market declines is to buy ETH and establish several long positions on futures. My first thought was a long position on ETH and BTC.
I present to you the post of user Ploto 1, whom I greatly appreciate and respect for her work and for informing us about market trends. In my opinion, she is invaluable, and I envy her (in a good way) knowledge. Ploto 1 presented us with the price ranges of individual currencies to which they may fall, although they do not have to, and at which we can buy them before the market rises.
I then asked myself the question: why do you only think about ETH and BTC on futures? Perhaps other currencies will be more advantageous? I decided to compare them and made the following assumptions:
1. I assumed that the purchase price would be the prices provided by Ploto 1. If it is a price range, I choose the price roughly in the middle of that range, and if it is a strictly defined price, then that price applies.
2. I set as a goal the maximum prices that a given currency reached in December 2024. This is important because it is the ceiling that the currencies have already reached. I am not aiming for some astronomical ATH that may never happen.
3. I also assumed (for comparison) that for each currency I am setting a position of $10. Each currency has different leverage, and I assumed that I go with the maximum. Thus, the position value for 10$ is as follows:
Leverage x20 - position 200$ (200$:20=10$)
Leverage x75 - position 750$
Leverage x125 - position 1250$
4. I did not consider all the currencies that Ploto 1 mentioned, as some of them have been trading for too short a time (in my opinion) or do not interest me. I discarded TIA, INJ, TAO, AVAX, and CHZ. The currencies left for comparison are: BTC, ETH, RENDER, OP, LINK, NEAR, ONE, PEPE (yes! Ploto 1 did not mention PEPE, but I have a sentiment for PEPE😂). So there are 8 currencies left.
What did I come up with? You will find out in the next post, due to the limited number of characters that can be used.
