New post: CARUS-AR profit taking strategy in case of Crypto bull market
Finally, after a brutal bear market for all of Crypto, the markets have turned green and all signs are very bullish again. CARUS-AR has moved up over 64% the past 3 months, taking back very large losses sustained during the Crypto bear market. The trend is up, and the important question to ask now is: What is the strategy for CARUS-AR now?
Implementing an Active Profit-Taking Strategy The primary focus for the CARUS-AR strategy on ICONOMI will be to secure profits in a structured manner as the markets ascend (assuming they do). Outlined below are the plans specifically designed for a bullish crypto market, with no guarantees or predictions attached. CARUS-AR will continue to function as a semi-passive strategy. However, a new active profit-taking strategy will be introduced. As long as the trend remains positive, we will gradually shift into USD (USDC), Bitcoin (BTC), and PAX Gold (PAXG) in slow, measured steps.
The process involves moving out of high-risk crypto in increments of 1.5% and adding 0.5% to USD, BTC, and Gold at each step.
The aim is to slowly build up 'profit' positions throughout the bull market, with a maximum of 50% transitioning to this position if the bull market extends over a considerable duration.
Please read more on our website:
https://carus-ar.com/blog/carus-ar-profit-taking-strategy-in-case-of-crypto-bull-market.html
@RoasteViki Well, sadly holdings in ICONOMI strategies need to stay liquid so are not staked. More info here: https://iconomi.zendesk.com/hc/en-us/articles/360009562280-Airdrops-Staking-Rewards-and-Hard-Forks