Hello Iconomi Investors,
I have been with Iconomi since I got into Crypto in 2017. After trading successfully albeit blindly (bull markets have a habit of letting noobs win), I soon realized I was not able to keep up with all the developments in crypto. I wanted a way to buy indexes of the market instead. Crypto Strategies were, and still are, the best product out there and I invest with several strategists here. Fast forward to today and I am now ready to apply what I’ve learned more publicly and invite copy traders. Note: My strategy was a demo account until 1 month ago.
Macro Strategy: Crypto is very volatile. Take advantage of the upside, but always limit the downside by using trailing stops and benchmarked bitcoin stops.
In Bull: Invest agnostically in vetted (research below) high performing altcoins, rotating frequently, with an eye to making multiples on a pure bitcoin or ethereum holding.
In Bear: Sit in USDT and invest mainly in bitcoin and ethereum on significant dips with close stops and benchmark targets
In Uncertainty: Apply classical charting principles of 3:1 up to downside before taking trades (with close stops) and largely stay in USDT.
Micro Strategy: Volatility leads to stop runs. That said when crypto tanks it does so with little warning. Close stops protect more than they lose in a bear, and wide keep gains running in a bull.
In Bear: Trailing stops of 3%; Active algorithmic bitcoin benchmarks to buy/sell into
In Bull: Trailing stops of 6-8%; Algorithmic rebalances based on percentage gained
Research:
Bitcoin Live member: https://bitcoin.live/analysts
Twitter Advisor List: https://twitter.com/i/lists/1480508370494926852
Complete fascination with this space and subsequent CryptoTwitter addiction
Welcome to the strategy.
Cheers,
Cryptoechein
Congrats for becoming a Verified strategist! Well deserved