The market is tense!

Observing market participants from the outside, I perfectly feel the tension that they are now experiencing. It’s trite, having read a certain amount of news, I see that 50% is for the pump, and 50% for the dump! Technical analysis says the same thing when applied to charts. On some timeframes there is growth, on others there is a fall... And how can you be calm if your hard-earned money is at stake?

In fact, the secret is simple!

First, choose a fundamentally strong instrument for speculation, such as Bitcoin.

Second, trade with a small fraction of the entire deposit. This share should be equal to 2-3% of your deposit. If this figure is small in absolute value, then it is better to think about replenishing the deposit from the outside. A small deposit is not a reason to lose it!

Third, don’t try to guess the price, just guess, there’s no other way to call it! Imagine that you, for example, are selling slippers at the market. When you buy them in bulk for resale, do you really ask the supplier “What price will I have for my slippers tomorrow?” No, you will clearly know how much you will sell it for. The same is true in the cryptocurrency market.

Fourth, always count in percentages, not in absolute numbers!

How practically does this work?!

For example, the deposit is $1000. Buy $30 worth of Bitcoin with a market order at the current price. You place all purchased Bitcoin with a limit order that is 1-3% higher than the purchase price. Next, when there is growth, the limit order is executed - you repeat everything. For the case when the price goes down, it is necessary to repeat the above cycle at pre-calculated levels, for example, when it falls by 5, 9 and 14%, respectively.

Thus, any movement is beneficial for you. Even with a strong drawdown, only a small part will end up in the instrument, while you will not feel the drawdown on the entire deposit. By earning 0.5-1% per day on top of your deposit, you can make a good profit in the long run.

By adhering to this strategy, you won’t have to follow the chart from morning to evening, you won’t have to worry and think that you will remain in the red, there will be no fomo with new ATHs. All you need is the ability to use a calculator and the current price. On exchanges, you can easily set up notifications that will tell you about the price.

“Money always works, and only you can decide for whom” (eclipse)

be FOMOless...