$My 2024 Crypto Strategy🤑💰
Moving into 2024, we've seen a lot of movement in the crypto markets, so l've been setting up my strategy for the first quarter of the year so that when the bull run comes I'm prepared🫡🤭
1. Bitcoin and Ethereum
A vast majority of my crypto portfolio (around 70%) is currently in Bitcoin and Ethereum, leaning more heavily towards ETH. This is because I see stability in these two tokens and a higher upside potential for Ethereum, plus I can earn staking rewards that I can't earn with Bitcoin.
2. Altcoins
The remainder of my portfolio is currently diversified into other altcoin projects that I see as having huge potential. Anytime I'm investing in a smaller-cap altcoin, I always make sure that it never accounts for more than 5% of my total portfolio because of the risk that comes with it.
3. Monthly Recurring Buys
Every single month, I am dollar-cost averaging into the market to keep building up my bags as the prices continue to rise. This will allow me to reduce my average entry price and remove and risk of price volatility impacting my investments.
4. Patience
Knowing that the fundamentals of crypto have only continued to improve, I'm now patiently waiting to see the upward movement that is going to eventually come.
With all the expected positive catalysts for the crypto market, not worrying about the short-term price fluctuations is key to get the highest return.#BTC #sol #Launchpool #ada #perp