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How To Make Money In Crypto - an easy strategy [30%, 40%, 60% PLAN] Dec 09 2021
Crypto Price Prediction is a skillset used by swing traders and day traders, focusing on near-term levels for entry. But what about people who can't or don't want to be glued to their screens? How can they take advantage of big price discounts that occur during flash crashes?
Cryptocurrencies like Bitcoin, Ethereum, Cardano, Dogecoin all have periods where they do nothing for long periods of time, but then have episodes similar to what happened to this past Saturday (December 4th/5th flash-crash).
The questions that follow these kinds of moves are often:
How can I catch those big discounts?
Why do I always miss them?
Why do they always happen when I'm at work or asleep?
This video explains what I call the 30,40,60 Plan - a way to position yourself ahead of the market and be in a position to automatically enter at major discounts without having to monitor the market live.
This is done using Limit Buy orders. Limit Buy orders (or Buy Limit orders) are orders that essentially tell the broker/exchange: 'I am willing to pay this much for that crypto, but nothing more.'
And you don't have to do a lot of work - just check the highest 10-week high and adjust. There will definitely be runs of weeks where you don't adjust anything.
This is a very simple, effective, and passive way to make sure you don't miss out on some of the big dips that can occur while you are at work or sleeping.
Contact: [email protected]
Twitter: https://twitter.com/justanalysis1
Site: https://www.itsjustanalysis.com/
https://www.patreon.com/justanalysis
#Bitcoin #Crypto #altcoins #ethereum #cardano #dogecoin #metaverse#cryptocurrencies #blockchain #DeFi #CryptoNews #cryptotrading
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