About 7 months ago, the Bitcoin ATH level of $ 70,000 began to fall. It experienced mini rises from time to time in the downtrend. This made you feel like you are returning from here now. But you were wrong... you saw the $19,000 levels. The losses are unbelievable ... Some of you have bought your cryptocurrencies at very small prices .... Because they wanted to get rich with borrowed money, but now you are dealing with bank debts. Some of you are watching the depreciation of the cryptocurrencies in your hands ...
By the time you finish reading this article you have to make a decision...
You will either be on the side of the winners … or you will be on the side of the losers …
There is no point in worrying about your past anymore... All you have to do is learn from the past...
Let's see what to do to avoid making the same mistakes in the upcoming bull season...
For those who watch Bitcoin fall from $ 70K to 19K and do not sell their cryptocurrencies;
The first thing you need to do is; You should calculate the unit cost of the cryptocurrencies you have. Including transaction fees. Since you usually buy from USDT, BUSD, USDC parity, you should calculate it in $. Secondly, you should add this rate as the annual inflation in USA is 8.5%. You should stake your coins unlocked or locked for a maximum of 3 months until the bull season arrives.
Coming to the hardest part; Waiting... After doing the above we will patiently wait for the bull season. When the bull season comes; Not all cryptocurrencies go up. There are thousands of cryptocurrencies on the market. It will be your turn to rise for the cryptocurrency in your hand…
When that moment comes, when you earn 30% of your cost price, we move on to the second stage...
Rising Stop - Loss …
Rising Stop – Loss; As the price rises, you will increase the Stop – Loss. So the win is guaranteed but the rate depends on how carefully you use Stop – Loss…
This is how you turned all your cryptocurrencies into profits…
Important ; You should apply this to your cryptocurrencies that are in ascending order. Maybe at the same time… You may be a bit sleep deprived, but making money is not easy…
It's time for the third stage; Set aside the costs of the cryptocurrencies you turn into profits. Researching cryptocurrencies that have not started to rise with earnings, investing, moving forward with Stop – Loss rising after 30% price increase.
Finally; it's time for cryptocurrencies that you dream of buying cheap from Launchpad platforms and dreaming of getting rich. What should you do here… ? It's simple … Most projects attract attention when they debut because their market value is low. It can do X1, X2, X10, even x100. If you can withdraw the cryptocurrency you bought to the stock market, it will be turned into profit with Rising Stop-Loss … but if you are going to sell on the DEX platform, you have to follow the price and get the cost when you X1. Decide with the rest according to the course of the price. I just got $0.01, don't dream of getting rich in a year. You won't be … Do you want an example ….
Internet Computer (ICP) has created a great stir in the market. It started trading at $700 a year ago. It is currently trading at $5.6.
Ripae Finance (PAE) started trading at $1611 5 months ago. It is currently trading at $15.
“Keep your eyes on the stars, and your feet on the ground.”
No HODLing …
Let me tell you a secret between us; You may be interested in Cropper Finance. On this platform, you join launchpad with tier logic. When Tier3 and above; If the price drops below the selling price, they refund the money you deposited to your wallet. Is not it beautiful … ? Zero risk …
Finally, what should investors who sell their cryptocurrencies at very low prices but have cash in hand? They currently have metaverse and game projects at very low prices. MANA, SAND, CWAR, APE, ATLAS, BLOK, … You should evaluate them. Then you have to apply the rules I mentioned above…
My Last Words; Don't make the same mistakes you did in the previous bull season. It only makes sense when the earnings go into your bank account. If you do not have a car; Don't dream to get into a luxury car, get a real mid-segment car that you can reach. Make yourself and your family happy. Then change your car if you earn more. Dreams don't fill your stomach...