Are you holding a bag of Bitcoins? (BTC)
If you answered YES and reading this post, please be patient as I try to explain and NOT try to come off spreading FUD (Fear Uncertainty Doubt).
If you answered NO and wanting to buy BTC around this level...
"thirds rule strategy"
BUY in THIRDS and NOT ALL AT ONCE!
THESE FIGURES, NUMBERS, AND DOLLAR AMOUNTS are just examples to illustrate strategy. Please adjust your own actual figures, numbers, and dollar amounts to your specific totals.
So for example:
If you have $3000 USD or EUR and let's just say $1000 for each bitcoin which comes out to be a total of $3000.
You can buy a 1/3rd of BTC at current level $1000 which equals 1BTC.
You can now set a buy order for a 1/3rd of BTC at a lower level: for example $750 which equals 1.333BTC X $750 = 1BTC
You can finally set a buy order for 1/3rd of BTC at an even lower level: for example $500 which equals 2BTC X $500 = 1BTC
This completes the BUY in THIRDS.
Now that you have all that done!
Let's start the SELL in THIRDS.
You should have 1 BTC that you paid at current level of $1000
Using "thirds rule strategy" and dividing 1BTC by 3 you will get .333BTC
.333BTC can set to sell order at let's say $1500 since you originally paid $1000
.333BTC can set to sell order at let's say $1900 since you originally paid $1000
.333BTC can set to sell order at let's say $3000 since you originally paid $1000
Now you can adjust your own amounts if you like, I just made it somewhat easy to comprehend for newcomers.
The purpose of this allows you to be covered on both ends...UP and DOWN...
So if the price of Bitcoin goes UP!
You WIN!
So if the price of Bitcoin goes DOWN!
You WIN!
Does NOT matter...
You simply Rinse and Repeat.
Buy in Thirds
Sell in Thirds
"thirds rule strategy" is like a measurement
Now for the people who are holding a bag of Bitcoin already. Thank you for your patience and allow me to start.
Same concept.
Take your total bag and divide it up by 3.
You may now SELL your first 1/3rd bag at current level $1000, that way you should of GUARANTEED a profit selling at the current level. You can simply do what I described above and REBUY back that amount of BTC you sold at $1000, but at lower levels. (for example $750 $500 $250)
Any left over balance you simply can withdraw and SAVE IT, SPEND IT, or REINVEST IT.
It's your GUARANTEED profit so TAKE IT and don't be TOO greedy.
Now you may began to SELL your second 1/3rd bag at a higher level sell orders. (for example $1500 $1900 $3000)
That way if the price goes UP or DOWN, you WIN! Does NOT matter...
What about your last 1/3rd bag???
Well...I should not have to tell you to store it in safe place for MOON traveling. (I don't mind being stuck with my last third bag, because you NEVER know.)
If you don't catch my drift, just let me know in the comments below or if you have any further questions or concerns.
Please use "thirds rule strategy" RESPONSIBLY.
Thank you for your time.
Frank III
More "thirds rule strategy"
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/ethereum-eth-thirds-rule-strategy
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/dash-thirds-rule-strategy
https://steemit.com/life/@cassidyandfranks/are-you-the-1-or-how-to-become-the-1
http://coinmarketcap.com/currencies/bitcoin/
Bitcoin (BTC)
$946.22 (-2.84%)
1 BTC (0.00%)
Rank 1
Market Cap
$15,363,294,749
16,236,562 BTC
Volume (24h)
$497,002,000
526,790 BTC
Circulating Supply
16,236,562 BTC
Max Supply
21,000,000 BTC
If you find my strategy informative, feel free to donate: Thank me later...Cheer's
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