Are you holding a bag of Ethereum? (ETH)
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 ETH around this all time high 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 3 BTC 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 ETH at current level $50 (20 ETH) which equals $1000 or 1 BTC.
You can now set a buy order for a 1/3rd of ETH at a lower level: for example $40 (25 ETH) which equals $1000 or 1 BTC.
You can finally set a buy order for 1/3rd of ETH at an even lower level: for example $25 (40 ETH) which equals $1000 or 1 BTC.
This completes the BUY in THIRDS.
Now that you have all that done!
Let's start the SELL in THIRDS.
You should have 20 ETH that you paid at current level of $50 for a total of $1000.
Using "thirds rule strategy" and dividing 20 ETH by 3 you will have 6.666 ETH.
6.666 ETH can set to sell order at let's say $65 since you originally paid $50 each.
6.666 ETH can set to sell order at let's say $75 since you originally paid $50 each.
6.666 ETH can set to sell order at let's say $95 since you originally paid $50 each.
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 Ethereum goes UP!
You WIN!
So if the price of Ethereum 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 Ethereum 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 $50, that way you should of GUARANTEED a profit selling at the current ALL TIME HIGH. You can simply do what I described above and REBUY back that amount of ETH you sold at $50, but at lower levels. (for example $40 $25 $10)
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 $65 $75 $95)
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
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/bitcoin-btc-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/ethereum/
Ethereum (ETH)
$48.75 (16.50%)
0.04937130 BTC (23.66%)
Rank 2
Market Cap
$4,390,769,754
4,446,564 BTC
Volume (24h)
$231,820,000
234,766 BTC
Circulating Supply
90,063,746 ETH
If you find my strategy informative, feel free to donate: Thank me later... Cheer's
Using your wallet, send any amount of ETH to this address:
0x69929E40c78b24A6411578947C1e09b4ba388E54
And we'll convert it to STEEMPOWER and send it to the receive address you gave us above.
You can deposit any amount up to the suggested deposit limit, and you can use this address as many times as you like. Each time, we will convert the amount at the current conversion rate at the time the transaction is fully confirmed on the Ethereum network.