50:50 Investment Strategy for Cryptocurrency
Have you ever thought that you have missed your selling opportunity in the past weeks Crypto Rally? Most probably Yes !
Before we start, if your only goal is to make more money i.e FIAT, cryptocurrency is not for you. First you need to understand that it is a movement made to dethrone traditional banking and centralized control. To make it successful we need to be part of the movement and also safe our holdings.
“Don’t invest anything that you are not willing to lose”
Goal — Hold more Bitcoin [BTC]
Every bitcoin enthusiast has 1 common goal, “sell to buy more”. This is common practice and to help you achieve this in an safe method without much trading knowledge is to look into it for the long term and follow the 50:50 (BTC:FIAT) Ratio
If you have 10,000 US$ for investment, you need to split by the ratio.
Below is a scenario where we had a gain and loss
“A good trader always holds on to cash in case of a crash”
This method will help keep your funds safe and also help in realizing your profit and loss scenarios wisely and rest assured you do not miss your Buy or Sell opportunity.
This method can be used for any kind of cryptocurrency you are planning to invest. I have shared the Google Spreadsheet link below for reference and don’t forget to save a copy to your Google drive, as this will not be allowed to edit this sheet.
In case the price of BTC is not pulled using the =CRYPTOFINANCE formula, you need to add the Add-Ons on Google Spreadsheet. Learn more about the add-on here.
Disclaimer : This guide is made for reference only. The author is not responsible for any gain or loss caused by this article.
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Reference — https://trade.cryptocurrents.net/buy-and-hold-funds-allocation/