How to manage capital in a simplified and very good way

For example, my capital is 1000$

And I want to enter with 4 currencies

First thing, we must rely on Bitcoin as an entry indicator

And know its drop percentage from the peak at the time of the first entry

The best time ever is

A drop of 50%

Now let's talk about the percentages for entry

The first entry will be 20% of the capital with a 50% drop

The second entry will be 30% of the capital with a 65% drop

The third entry will be 40% of the capital with a 75% drop

Now we divide the capital among 4 currencies

20% on 4 currencies equals 200$

Which means 50$ for each currency

The second 75$ for each currency

The third 100$ for each currency

Exiting and selling is up to you based on your conviction, but usually

You exit with at least 70% profit for each purchase request

And if you don’t sell, you can withdraw your capital and leave the profits in the market

And it is better to leave it for very long periods

This is according to my point of view

#Modification

Simple, the drop percentage is on Bitcoin and not on the currencies

This means to strengthen during Bitcoin's drop and not on the currency you are entering with because it bleeds faster than Bitcoin

And if you feel it’s not moving upward against Bitcoin, keep its request suspended at a slightly higher percentage than Bitcoin

The second thing

If, for example, you sold the first request at a profit of about 70%

And left the profits

Distribute the original capital among the 3 remaining requests

🤏

It is not necessary to apply the strategy to the letter

This means if you hear negative news about the currency or predict its collapse, there’s no need to strengthen or think

Just exit immediately without overthinking