I have been following the Cryptocurrency ecosystem for 6 years. I would like to share my experiences with you.
1. Follow cycles in BTC. There have been 4 cycles so far. (Graph below)
2. Buy Bitcoin when it falls within 60-70% range.
3. Sell BTCs after 6 months and buy #altcoins. (When Bitcoin Dominance begins to decline)
4. There will be an altcoin rally in approximately 6-18 months.
5. Start gradual sales when your principal money increases more than 8 times (at least 4 levels). Or start gradual selling when BTC approaches 30% to its possible new high (may be 240K in this cycle).
6. Take it and hold it. Don't buy or sell. Statistically, those who buy and hold earn 90% better than those who buy and sell.
7. Find new and fast-growing projects with solid infrastructure.
8. Focus on projects that are old but are on the rise. (LEFT- AVAX)
9. In each cycle, one category comes to the fore. Categories of this period: Artificial Intelligence and RWA
10. Your Alcoin Cart:
- Let it be diverse.
- Get every category.
- Have at least 10 coins.
11. You must keep#BTCin your portfolio (25%)
Because:
- It balances both portfolios.
- Also, if BTC rises and the alts stop, you won't be upset.
- In addition, BTC is more resilient than altcoins in declines.
- Also, when the alts are low, you can use BTC like cash.
12. Always have 25% cash on hand. You use it in downfalls and new opportunities. (Buy the fear)
13. The market doesn't go up forever. In this respect, you should know how to take profit and exit step by step.
- The rise may continue after selling. In this respect, 20-25% of the goods should remain inside.
14. Do not trade frequently, do not follow the rise.
15. Have principles.
16. Turn off the screen when necessary and know not to look at it.
17. Using high margins. This market is not a gambling table. Remember, if you gamble, you are bound to lose.
- #BTC and#3xmaximum in Ethereum
- Maximum 2x leverage on altcoins.
- There should be a stop of 5-10% on the margin.
- The safest thing is not to use leverage. (I've never used it)
I wish all of us a prosperous bull season.
