Hello My Mates; We are together again after a long time. During this period, I participated in pre-sales and airdrops of projects with high potential. In the meantime, I analyzed the prices at which I should sell the projects I invested in during the bear season. I examined the cryptocurrency market. I tried to understand the trends. As a result of these analyses, I determined my strategy… I went into waiting mode…
In this article, I want to tell you about my own strategy... If you are ready, let's get started...
Having seen the previous bull and bear season, I am more cautious. I'm not chasing crazy dreams... A saying that I always remember guides me: "Keep your eyes on the stars and your feet on the ground"... This has become my philosophy of life.
Let's get to my strategy;
First of all, I deducted the costs of the cryptocurrencies I bought during the bear season. I highlighted the ATH values in the previous bull. I determined the sales figures. These figures range from 5X to 10X. Additionally, I set the values I received and/or airdropped as 20X for cryptocurrencies that have not seen a bull.
By the way, I sold because a few projects I invested in made 5X. I will sell the others when they reach the prices I set.
Not in my strategy:
I won't wait for the cryptocurrency I invest in to make 50X or 100X or get caught up in the magic of social media... Because there are more crypto projects in this bull season than before. If you look, they all find solutions to something... But it is not clear whether it will be in demand by the market...
Also, as far as I can see, the market cycle works. Money flows from sector to sector. When you achieve the earnings you set, switch to cash, invest in good projects in the sector where the bull does not go... Wait... Earn...
Also, one of the important elements of my strategy is the 20/80 rule. I reinvest with 20% of the asset I sold. I consider 80% passive income in cash. What will I do with 80%... I agree with Lauchpool and Lauchpad. This is how I earn free cryptos.
It is necessary to follow the market closely... When the news is very good, the greed index reaches its peak and new investors invest without evaluating the projects, it is necessary to exit... At least this is what I will do...
My Last Words; The strategy I mentioned above is a method I decided upon as a result of my experiences. Currently, new investors have started to be attracted to the market with meme coins. Then the projects that are down to earth will rise to their feet, then there will be rises on a sector-by-sector basis...
As I always say, "Listen to everyone, decide for yourself"... Good luck...
Luck does not help those who do not want to work... Sophocles
