Don't know if sharing this will make me look stupid or what, but it's true that even though I've been in crypto since 2017 there is one thing I've never managed to learn, namely when is the right time to get out of the market.
I use the DCA strategy, within a certain range. For BTC order 1 to the last order up to 33% for alt most of the time I divided orders in the 66% range.
Actually, it is very conservative, but still, the timeliness of determining the first order point is very influential.
And today, in a very bad market situation which they said was caused by the Mt Gox repayment issue, the average price of each coin I hold is as follows:
BTC = 65458.71 (-13.88%)
ETH = 3 596.80 (-(16.84%)
SOL = 148.55 (-10.11%)
PYTH = 0.3246 (-17.12%)
LINK = 14,589 (-15.83%)
TAO = 313.4 (-20.48%)
POLYX = 0.4011 (-46.16%)
API3 = 2,749 (-40.85%)
MANTA = 1,285 (-41.58%)
RDNT = 0.1531 (-42.65%
BNB = 611.7 (-19.26%)
FET = 1.514 (-21.29%)
Not all orders have been filled yet. However, even though this is actually still in line with the trading plan and I am ready to face further declines, I really hope the market rebounds and I can close some positions in profit.
Of all the coins I own, $SOL seems to bounce pretty well. Meanwhile BTC.D seems to have been rejected on TF 4H. Hopefully if BTC bounces we will see alts bounce faster.
