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Captain's strategy on the falling market

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Published: 23 Aug 2018 › Updated: 23 Aug 2018Captain's strategy on the falling market

Captain's strategy on the falling market

The market is transforming. That makes someone stronger and someone escapes and fixing losses.

Many of us made purchases on highs in December-January. And then, as it seemed to us, on the "falling" market in February-March 2018. For those who are still in the position, there are decent losses on many coins.

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Source

What to do?

There are opponents of averaging and supporters. But I support this idea.
But averaging works only with free liquidity and fixing positions in equal parts.

What are the benefits?

Well, it is possible to go to zero or get a minimum profit with a much smaller market growth.

Why am I doing this?

Some math: a couple of epic falls from all-time high

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If you have an 80% loss - it does not mean that 80% of the profit will return you back to the same level. In fact,to return the initial capital, you need to get a 500% profit (this is x5).
If the loss is 90%, then the profit should be 1000% (which is x10 from the current price).

So think when it is better to buy a new coin and capture the right moment when it falls. If the coin has fallen by 30% in price, average your investment portfolio with the same amount in fiat, this will allow you to come out with a profit with a less price growth in the future.

X profits to all!


Read my previous article: Are rats deserting a sinking ship?
image.pngMy Telegram channel: Captain Hook Crypto Tales

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