How to have a healthy position in the cryptocurrency circle!!
If you say you are doing pure short-term trading, then having a full hand of USDT is definitely the healthiest!!
If you are doing medium to short-term trading, then you might say 6-7 layers of coins. Around 4 layers of USDT is relatively prudent.
In your allocation, you should definitely hold some Bitcoin. No matter how much money you have, after holding it, you need to think of a strategy. Let me explain it to you and see if you agree.
When the market is good, Bitcoin is definitely rising, and when Bitcoin is rising, aren’t you making money? Right? So when the market is bad and Bitcoin is falling, do you think buying altcoins will not lose money? Impossible.
If you hold Bitcoin!! For example, if it only accounts for 3 layers of your total position, then when the market rises, Bitcoin is also making money, right? When the market falls, Bitcoin is more resistant to drops.
It’s like saying you have a 30% position, which can withstand significant volatility because when Bitcoin drops by one or two points or three to five points, altcoins will plummet. $BTC $ETH $BNB