Lesson Money Management

in crypto •  7 years ago 

maxresdefault.jpg

Hello Guys, today i will talk about how to manage you portfolio. Remember no one can be good/successful trader without having a good strategies to manage his capital.

As a crypto trader we know that crypto market is very volatile so you must diversify your capital my recommendation is 30% usdt and 70% in btc. And from that 70% invest only 5-8% in one alt that you want to buy don't invest all your capital in only one coin so that in case market dump you can buy more and recover your loss quickly.

Why 30% in usdt because whenever btc crash you can buy the dips to maximize you profit. Hope so guys if you follow this strategy you will not get burned whenever market crash infact you can make some quick profit because after each crash market bounce 20-30%.😉

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by DekRey from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.