Bitcoin
$22,940.88
+139.22
(+0.61%)
Ethereum
$1,633.92
+8.11
(+0.5%)
Ripple
$0.39
-0
(-1.15%)
Litecoin
$99.01
+3.13
(+3.26%)
EOS
$1.07
-0.01
(-0.83%)
Cardano
$0.39
-0
(-0.94%)
Stellar
$0.09
-0
(-0.74%)
NEO
$8.85
+0.14
(+1.55%)
NEM
$0.04
0
(+0.74%)
DigitalCash
$63.73
+2.64
(+4.32%)
Tether
$1.00
0
(0%)
Binance Coin
$328.41
+4.37
(+1.35%)
QTUM
$2.84
+0.04
(+1.32%)
Verge
$0.00
0
(+0.63%)
Ontology
$0.23
-0
(-0.48%)
ZCash
$44.19
+0.62
(+1.42%)
Steem
$0.23
+0.01
(+4.02%)

My Crypto Trading Strategy REVEALED!! Top TIPS! ๐Ÿ’ฏ

0 97



๐Ÿ“ฒ Insider Info in my Socials ๐Ÿ‘‰
๐Ÿ›’ Get The Hottest Crypto Deals ๐Ÿ‘‰
๐Ÿ‘• “Bitcoin Illusion” Shirt ๐Ÿ‘‰
๐Ÿ”ฅ TOP Crypto TIPS In My Newsletter ๐Ÿ‘‰

~~~~~

๐Ÿ“บEssential Videos๐Ÿ“บ

Crypto Bull Market September Top ๐Ÿ‘‰
Crypto Technical Analysis Tutorial Part 3 ๐Ÿ‘‰
Gold Backed Cryptos Explained ๐Ÿ‘‰
Coin Bureau Portfolio Breakdown ๐Ÿ‘‰
How To Spot The Top ๐Ÿ‘‰
How To Research Cryptocurrencies ๐Ÿ‘‰
Arweave Cryptocurrency Analysis ๐Ÿ‘‰

~~~~~

– TIMESTAMPS –
0:00 Intro
2:00 Bitcoin-Altcoin Cycle
4:45 Bitcoin Strategy
7:59 Altcoin Strategy
10:35 Portfolio Adjustments
13:03 Choosing Altcoins
15:47 Conclusion

~~~~~

โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ Bitcoin Dominance:
โ–บ Cryptocurrency Market Cap:
โ–บ How To Use Trading View For Cryptocurrency:
โ–บ How To Trade Cryptocurrencies:
โ–บ Wall Street Cheat Sheet:

~~~~~

๐Ÿ’ฑAssessing Bitcoin-Altcoin Cycle๐Ÿ’ฑ

The backbone of my personal crypto trading strategy is Bitcoin. This is simply because BTCโ€™s price has a huge influence over the price of other cryptocurrencies

If Bitcoin dominance is going up, this means money is moving from altcoins into BTC. If Bitcoin dominance is going down, this means money is moving from BTC into altcoins

Once Iโ€™ve assessed Bitcoin dominance, I need to confirm that the market is headed in the direction that I think it is, and I use the total cryptocurrency market cap for that confirmation

๐Ÿ“ŠBitcoin Strategy๐Ÿ“Š

I always stick to longer timeframes, and if Iโ€™m looking to buy or sell BTC, I start with the monthly and the weekly

What Iโ€™m looking for here is a price pattern that could forecast future price action, and I reckon I see one on BTCโ€™s monthly chart

Recently Iโ€™ve gotten into the habit of spotting what I like to call the topless letter P. This is when prices pump, pull back, and then pump again to the price of the initial pump

๐Ÿ“ˆAltcoin Strategy๐Ÿ“‰

Once Iโ€™ve spotted a bullish pattern on the monthly, daily, or weekly, I set what I believe to be a realistic price target and take profits along the way as prices rise towards that target

Once Iโ€™ve taken some profits, I usually park them in USDC, though recently Iโ€™ve gotten into the habit of putting some of those profits into PAXG, which is a gold-backed token issued by Paxos

If I can see that prices have fallen beneath the Bollinger band range and the RSI is insanely low on the daily, this to me is the perfect buy the dip opportunity for BTC, ETH, and other large altcoins

๐Ÿ’ฐPortfolio Adjustments๐Ÿ’ฐ

If weโ€™re not in an altcoin season, I apply the same sell the top strategy I detailed in another video which Iโ€™ll leave in the description

However, if we are deep in an altcoin season and everything is pumping like mad, then the standard method of when I take profits can quickly become irrelevant

A great example here is Arweaveโ€™s AR coin which kept pumping, and pumping, and pumping against all odds

When an altcoin is doing this, I pay more attention to my percentage gains rather than the price or any indicators and patterns and take profits at certain increments (e.g. 50%, 100%, 150% from initial entry)

๐Ÿค”Choosing Cryptocurrencies๐Ÿค”

Whenever I happen to come across a new altcoin that seems to have some serious potential, I do as much research about the project as I can before I put down a dime

This because any new crypto investments I make are based primarily on the fundamentals of the project, and not so much on the technicals of that coin or token

Though not necessarily fundamental, another factor I look at before copping a new crypto to trade is its market cap

As Iโ€™ve mentioned many times before, the market cap of a cryptocurrency is ultimately what determines how high it could go, and not its sticker price, which can sometimes be deceptively low

I will typically buy as soon as I find out about the cryptocurrencyโ€™s potential assuming itโ€™s not pumping like crazy. If it is, I wait for a pullback before entering my position

~~~~~

๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #Altcoin #Trading #crypto #strategy #portfolio

Watch Full Video on YouTube

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Leave a comment