Strategy

Jun 3, 2022. No. 262

"We have reached the technical target of $28,000 USD that is being discussed from November-December 2021.

From this point, the accumulation phase begins.

Estimated: May 2022 – December 2022.

Sales Range:

BTC < $35k

BTC > $30k

Accumulation Range (Purchases)

BTC < $30k

BTC > $25k

Ideal Long 5x “To the Moon” range until the following bull market:

BTC < $25k

BTC > $19.6k (Bull Market top ’17)

Strategy:

1. Always buy in the accumulation range.

2. Sales in the accumulation range or below NONE.

3. After buying, send them to a cold wallet and HOLD.

4. In the sales range, we only withdraw profits.

Ex: If the investment was $1,000 in the accumulation range, and in the sales range we have $1,300, we sell the equivalent of $300 in BTC.

5. Earnings are to buy more BTC in the accumulation range.

6. Profits can also be used for trading.

Mission: Increase the number of BTC, not USDT."

These strategies are shared by Trader NazoStudios on his YouTube channel. Personally, I find them great and full of optimism. Accumulating BTC for the future can be a very good long-term investment. In my particular case, I translate it to BCH and its general accumulation. Although BCH is currently low, it could be a blessing in the future. Perhaps we are very optimistic or we are simply crazy to believe that the value will increase beyond the BTC itself. But it is crypto, and anything can happen.

While we all do HOLD, there are traders constantly making money and they do not accumulate more BTC, on the contrary, they accumulate USDT. They increase their accounts every day by a little % daily.

Trading is an art form that not everyone is prepared for, especially if it is in the future. Even in Spot, you can sell your coins to buy a little lower and get more coins, but what if the price goes up? Then your heart races and leads you to make mistakes. You can even buy back a little higher in price and lose coins in the process. And when you do, seconds later the price goes back down to the level you initially sold, it can even go lower, and then you will literally feel like a jerk.

You can even enter a short trade, and the price goes up a bit, and when the fear invades you, close at a loss. Going to sleep and waking up to see that the price plummeted and that if you had not closed at a loss, you would now have x2 in your capital.

Or the best of all is to open the trade long or short and the price goes completely against it at a frightening speed. Also, you forgot to put a Stop Loss and you forget about your capital in seconds. These cases are very easy to find especially for new users. Not putting a Stop Loss can cause your account to go to zero in seconds.

Then you think that the world has gone against you and that everything conspires so that you are not happy and do not generate profits. The mind begins to play tricks on you and tell you that you are a loser and that if you continue trading, you will lose all your money.

I don't understand how they can handle so much emotion. Do they study it somewhere or are they just born for it?