I really liked your approach towards 'crisis periods' by going on a vacation with family and enjoying some sunshine Cheesy! None the less, step 2 is the hardest to come by since there are no reliable coins which can definitely go '2x' in a given period of time and choices made becomes the determining factor. Step 3-8 seems like a totally legit strategy except for a change in step 7, where I would regularly check my portfolio, clenching hard on every refresh to see if the numbers have gone up.
Regarding step 7 - yes, I have made it as a joke..... well not really a joke, but more of a relaxation post. That's why I kept the word "irregularly". I am constantly re-checking mine too, but my point is - you shouldn't do it way too often, it becomes a sickness after some time.
Regarding step 2 - well, I agree to disagree. During last two months, most of them have gone at least 2x up, but you are right in saying that this doesn't happen all too often. Maybe you could achieve this by combining some airdrops with bare money investments?
haha, that's really good idea and advice. But at first what I want to say is that investing of money which we can afford to lose is bad idea. For example for me it's 100$ because I am a person who has 800$ monthly wage (for example, not actually me). Does it has any idea to invest? I think no because it's not something that can give me valuable profit and also for some people 100$ is a lot too. So what you say would suit best to rich people who can lose 10K and more without worries.
On another hand I agree you in some aspect, have a rest can make you free from stress and it may hel you to make good decisions.
I do agree with you. But, no matter whether it is a joke or not, I made a "no-stress" strategy. The moment you invest more then what you can afford to lose you have beaten its purpose. It also depends on your goals and if you can find a suitable strategy to achieve your goals without over-investing yourself.
What I wanted to say is - yes, you can invest a little bit more, but for the sake of God, don't gamble, never gamble.