THREE EASY STEPS MANUAL for max airdrop and farming profits!
Today I'll share the actions with you which I always take when farming or an airdrop were just executed:
STEP ONE!:
Sell, dump, convert it to literally ANYTHING ELSE you can convert later back to the farmed/airdropped coin, do whatever but get rid of ALL at the first glimpse of market appearance (the moment the coin gets listed). DUMP IT HARD! JUST DO IT!
Why: 90% of new coins do it the freefall style within the first days they are listed. The 10 % of the remaining coins which go ballistic aren't a problem for you anyway - If you've dumped all of them and they keep on going up the first day(s), you can buy them again and make profit because they will keep their bull path anyway...
But for the 90% of new releases: If you don't dump them, you'll loose a lot of cash.
STEP TWO!:
And now the second, and most important as well as "tough work step" after being a winner with the profits of the dumping in step one anyway. Analyze and follow the development of the price action. The new release is currently in a hybrid phase. "IT HAS TO FIND ITS PRICE" -Consolidation- the market participants are making decisions, leading to the accumulation or distribution of positions. During consolidation, the price does not exhibit a distinct trend but oscillates between the defined upper and lower boundaries of the range. As the coin is new, this stage mixes up with the expansion phase. The range will start opening up (bigger oscilation with higher highs and lower lows). That's, where institutional money jumps in and "smart money" accumulates positions at discounted prices.
STEP THREE!:
As soon as YOU DECIDE in STEP TWO that the price is low and worth reentering the market, rebuy the coin (usually one to a few days later) - You have cashed in profit anyway during step one. You get shitloads more of the coin compared to the amount you had at the first second of listing, or you buy the same amount of them (but for a lot less) and keep your profit! If you rebuy it, the risk of dropping further is near to zero, the possibility of the price to level itself higher and take off later is near to 100%. Just check the old charts and there the first days of new listings...
EXAMPLE FOR ALL STEPS:
Your 100 coins are worth 100USDT the first second. You sell all. 100 profit. Next day they are traded @50USDT. You buy 100 for 50 USDT. You have 50USDT + 100 coins worth 50 USDT. They usually go to 60/70% of the initial release price level within next days. Your coins are now at 70USD and you have additional 50 USDT in your pocket OR you've reinvested your profit in total (Let's call it "you used the dip in the price") and rebuy 200 coins for 100 USDT. If they go price wise ballistic back to 100USDT or more, you are the absolute winner, as you made money with the dip and with the further path of this coin. If they don't go up - You still made a little profit OR a lot less loss, while HODLers loose a lot more.
So let's dive into the real history XAI numbers example
(Example was produced 6 DAYS AFTER RELEASE): Let's assume you farmed 100 XAIs. You sold them @1USDT (you need to sleep sometimes and the release was in the middle of the night in your country. By the way: Don't forget - There are tools which sell for you automatically if you set them up). So you have 100USDT because you followed my manual step 1. XAI dropped to 0,50 the days 2, 4 and 5 after listing and you followed step 2 - You've rebought it and are long with 200 XAI now! Step 3 is developing right now in real live (check XAI/USDT quote). It's the toughest step but at the same time the most pleasant one: Your only question/decision is: "When do i cash out profits and how much will it be???"
Don't you think, that's a freakin' max pleasure problem we love to have? How does it feel to be in the perfect position? - You won already and now you can gamble, calculate, dream, whatever .... But all in peace and with sure profit anyway (...if you didn't reinvest all but only a portion (part of rebuying step 2)).
In case you reinvested 50%, your profit is now 50USDT + 100 XAI worth 85 USDT (as i write this article) = 135USDT equal 35% sure profit in 6 days!
In case you reinvested 100%, your profit is now 0USDT + 200 XAI worth 170 USDT (as i write this article XAI is @0.85 USDT) = 170USDT equal 70% sure profit in 6 days!
And by the way: There was no need to farm it. You can jump into this deals any time. Just forget step one, and invest some money in accordance with step 2, if you don't like the risk of airdrops/farming. Read about the risks in my other posts, if not executed yet.
ADDITIONAL IMPORTANT RISK ASSESSMENT INFO:
Did you read the: 💵FARMING and AIRDROPS - Behind the scenes and it's dilemma?💵 Did you ever calculate how much money it requires to be profitable with them, compared to the risks you take participating in them?
ARTICLE: https://www.binance.com/en/feed/post/2595843995433
Probably a must-read in order to focus on risk assessment and unveil the probable dilemma behind the hyped airdrops and farming projects, in reference to profitability.
I hope you've enjoyed this article and it is helpfull for your further analysis. Thank you for taking the time.
Cheers!
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I WILL NEVER ASK FOR TIPS OR MONEY, DONATIONS, PACKAGES, COINS. NEVER EVER IF DIRECTED FOR ME AND NOT DIRECTED FOR AN NGO. I am writing and sharing knowledge because it's a fantastic market which I fancy a lot. But if you like my articles:
Please hit the like button or drop even a comment + share it with your friends (they probably need or like money too 😉) AND follow me for further profit accelerator knowledge. That's sufficient motivation for me to continue. Thank you.
This is not a financiual advise. My opinion, my experience. Do your own research! (but now you probably know what to look for...)