Post
Topic
Board Altcoin Discussion
Re: Safest trading strategy
by
South Park
on 19/07/2020, 18:47:30 UTC
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.

If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.

List of few good stable coins I use or own

USDT
USDC
DAI


IF MARKET GOES GREEN

If market goes green you will still be making profit from your bitcoin that you are holding.

IF MARKET GOES RED

You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.


It is a safe strategy I will give you that, but your focus is wrong people should be looking to maximize their profits while taking the smallest risk possible and this strategy does not do that, you are reducing your risk but you are leaving a lot of money over the table, besides the strategy is not really complete unless you have entry and exit points and you have mastered your money management skills, especially the latter is really important as you do not want to be holding a stable coin when the market enters the next bull run.