1) Everyone's saying WEALTH is made in a bear market but doesn't share exactly how.
Here are the 3 strategies you absolutely have to apply to make it through.
Here's how 👇🧵
Here are the 3 strategies you absolutely have to apply to make it through.
Here's how 👇🧵
2) We'll be discussing the following 3 strategies in this thread.
• Dollar cost averaging
• Stablecoin position
• Asset swapping
Lets go more in depth on each strategy 👇
• Dollar cost averaging
• Stablecoin position
• Asset swapping
Lets go more in depth on each strategy 👇
3) DOLLAR COST AVERAGE
One of the most recommended strategies in general but often mentioned without an exact blueprint.
Popular or not, it really is one of the best strategies IF applied correctly in the markets.
While some might beat timing the markets, most won't.
One of the most recommended strategies in general but often mentioned without an exact blueprint.
Popular or not, it really is one of the best strategies IF applied correctly in the markets.
While some might beat timing the markets, most won't.
4) Statistically it has been proven many times that 99% of participants do not benefit from timing tops or bottoms no matter what anyone tells you.
There are some things you need to take into account though to get the most out of it as DCA in the wrong hands still fails.
There are some things you need to take into account though to get the most out of it as DCA in the wrong hands still fails.
5) Cycle theory.
If you started to DCA last year you've only started a slow painful path to continue building your portfolio at high prices initially.
This is not exactly how your DCA should look like although in the (very) long term it might still play out well though.
If you started to DCA last year you've only started a slow painful path to continue building your portfolio at high prices initially.
This is not exactly how your DCA should look like although in the (very) long term it might still play out well though.
6) You are just not using the strategy to its full potential.
Generally without timing tops or bottoms you are going to have a pretty good and easy idea when we are in a bull or bear market.
You should not be using DCA when everything is rising to unimaginable heights.
Generally without timing tops or bottoms you are going to have a pretty good and easy idea when we are in a bull or bear market.
You should not be using DCA when everything is rising to unimaginable heights.
7) Basically like 2020-2021 was.
Generally the crypto markets has always moved in a 4 year cycle.
2 years of bull and 2 years of bear.
The chart below I made a long time ago has been insanely accurate through the entire markets life span.
Generally the crypto markets has always moved in a 4 year cycle.
2 years of bull and 2 years of bear.
The chart below I made a long time ago has been insanely accurate through the entire markets life span.
8) No matter if history repeats itself or not due to the economical uncertainty it's always better to buy when assets have begun to decline more than 50-60-70%+.
You don't need a tool or chart for that just patience and determination to wait.
You don't need a tool or chart for that just patience and determination to wait.
9) As for the exact blueprint to how you could effectively apply dollar cost average WHEN you reached desirable discount levels it goes like this.
Instead of using risk capital you intended to use in 1 big purchase you will divide this amount into 10 pieces.
Instead of using risk capital you intended to use in 1 big purchase you will divide this amount into 10 pieces.
10) For the next 10 months you will pick the EXACT same day you will purchase your favorite assets.
Practical example:
- Divide 1000$ into 10 100$
- The 15th of every month you'll purchase 100$ worth of your favorite assets.
Practical example:
- Divide 1000$ into 10 100$
- The 15th of every month you'll purchase 100$ worth of your favorite assets.
11) Do this regardless wether the market pumped or dumped that day.
Stick to the strategy and ignore fomo or fear conditions in the markets.
Lots of exchanges offer "recurring buys" as a method if you are bad at planning.
They will automatically do this for you.
Stick to the strategy and ignore fomo or fear conditions in the markets.
Lots of exchanges offer "recurring buys" as a method if you are bad at planning.
They will automatically do this for you.
12) STABLECOIN POSITION.
Not all of your risk capital is intended to be used for DCA.
If I saved up 2000$ in the bear market through other sources of income only 1000$ of that is going to my portfolio.
Having stablecoins is ALSO a position.
Not all of your risk capital is intended to be used for DCA.
If I saved up 2000$ in the bear market through other sources of income only 1000$ of that is going to my portfolio.
Having stablecoins is ALSO a position.
13) Reason for this is that there are going to be an immense amount of opportunities among the way.
Think about unique cryptocurrencies that haven't launched yet and are offering a presale.
No free capital = no participation.
Think about unique cryptocurrencies that haven't launched yet and are offering a presale.
No free capital = no participation.
14) If you read my thread on presales you'll know how immense these returns can be. 👇
Or there's a new project you discovered that ticks of all your boxes.
Because you didn't know about it yet you haven't done any dca into it before > stablecoins.
Or there's a new project you discovered that ticks of all your boxes.
Because you didn't know about it yet you haven't done any dca into it before > stablecoins.
15) AND there's also nothing wrong with waiting untill we get a CLEAR reversal in the markets.
This doesn't mean you will catch the bottom (you won't).
But there's plenty of money to be made along the way to the top and not catching the bottom.
This doesn't mean you will catch the bottom (you won't).
But there's plenty of money to be made along the way to the top and not catching the bottom.
15) ASSET SWAPPING.
This one is important as this hasn't been fully utilized by many yet.
At some point your risk capital is gone. You've used up all your free money and gathered a well diversified portfolio.
We also don't have a magical pot of gold to keep buying right?
This one is important as this hasn't been fully utilized by many yet.
At some point your risk capital is gone. You've used up all your free money and gathered a well diversified portfolio.
We also don't have a magical pot of gold to keep buying right?
16) Lots of people forgot that your assets are also a source of capital free to be used.
But no one will sell other assets if they are down 50% on it (example).
Not realizing that the other asset you want to buy is likely ALSO 50% down in these market conditions.
But no one will sell other assets if they are down 50% on it (example).
Not realizing that the other asset you want to buy is likely ALSO 50% down in these market conditions.
17) You are not selling at a loss, you are purely switching opportunities.
Reason for this is that at some point you will believe in 5-6 projects you hold.
But the goal is to PICK the absolute best.
You discover another project through research that looks INCREDIBLE.
Reason for this is that at some point you will believe in 5-6 projects you hold.
But the goal is to PICK the absolute best.
You discover another project through research that looks INCREDIBLE.
18) But what if there's no free risk capital anymore.
Why not sell 1 of your assets (down or not) and trade it in.
This doesn't necessarily mean you don't believe in the "sold asset" anymore.
You just believe your new project is a 9/10 and the old one was a 8/10.
Why not sell 1 of your assets (down or not) and trade it in.
This doesn't necessarily mean you don't believe in the "sold asset" anymore.
You just believe your new project is a 9/10 and the old one was a 8/10.
19) I do this ALL the time.
In my 6 years journey this has always paid off extremely well.
It's also the reason why I keep researching and looking at new projects every single week even though I already feel super comfy with what I'm holding.
In my 6 years journey this has always paid off extremely well.
It's also the reason why I keep researching and looking at new projects every single week even though I already feel super comfy with what I'm holding.
20) Ignorance into believing that what you are holding is the only great asset out there will limit your success.
Having conviction in your assets is good. It's not good if you become blinded by it.
Make the bear market great again with these 3 strategies.
Nova out ❤️
Having conviction in your assets is good. It's not good if you become blinded by it.
Make the bear market great again with these 3 strategies.
Nova out ❤️
21) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.
I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.
Your favorite writer Nova ❤️
I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.
Your favorite writer Nova ❤️
22) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.
Everyone deserves free knowledge 📘
Love you all ❤️
First post 👇
Everyone deserves free knowledge 📘
Love you all ❤️
First post 👇
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