Key things to keep in mind when HODLing long-term:
- When DCAing, always set the DCA amount equal to the margin amount. For example, if your initial capital is 2usd, your first DCA will be 2usd, the second will be 4usd, the third will be 8usd, the fourth will be 16usd,...
- Always place the first DCA order (DCA at a loss of 500%) when you see the coin is down 300% or more.
- Always place the second DCA order (DCA at a loss of 1000%) when you see the coin is still down 800% or more.
- Always place the third DCA order (DCA at a loss of 2000%) when you see the coin is still down 1800% or more.
- Always place the fourth DCA order (DCA at a loss of 4000%) when you see the coin is still down 3800% or more. Continue placing DCA orders for the 5th, 6th, 7th... like this, one day you’ll catch the bottom.
- When using Cross, the margin can increase or decrease, so I create a Word file to track the initial capital when buying, making it easier to DCA later (similar to the list of coins I usually post for HODLing).
- My buying amount for each coin is 2usd/coin, and I always keep x50 of the capital in my wallet to avoid getting liquidated (or when the market crashes), meaning I always keep 100usd in my wallet.
- When buying more coins, I inject more funds. I don’t use profits from coin A to buy coin B, because if coin A crashes, it’ll drag down other coins B, and later when selling, the total won’t be much (because I’ve already spent it all or lost when using that money to buy other coins).
- When buying coins, only buy coins that follow the BTC trend like: ETH, SOL, AAVE, COMP, LTC,...
- Don’t buy coins if they have a shady project, excessive supply,... If you don’t have experience, just follow my lead when I buy a coin, because if you buy a trash coin, that HODL will cost you a lifetime.
Small capital + DCA = Immortal, NEVER DIE!
Thanks to everyone for trusting and following.
- When DCAing, always set the DCA amount equal to the margin amount. For example, if your initial capital is 2usd, your first DCA will be 2usd, the second will be 4usd, the third will be 8usd, the fourth will be 16usd,...
- Always place the first DCA order (DCA at a loss of 500%) when you see the coin is down 300% or more.
- Always place the second DCA order (DCA at a loss of 1000%) when you see the coin is still down 800% or more.
- Always place the third DCA order (DCA at a loss of 2000%) when you see the coin is still down 1800% or more.
- Always place the fourth DCA order (DCA at a loss of 4000%) when you see the coin is still down 3800% or more. Continue placing DCA orders for the 5th, 6th, 7th... like this, one day you’ll catch the bottom.
- When using Cross, the margin can increase or decrease, so I create a Word file to track the initial capital when buying, making it easier to DCA later (similar to the list of coins I usually post for HODLing).
- My buying amount for each coin is 2usd/coin, and I always keep x50 of the capital in my wallet to avoid getting liquidated (or when the market crashes), meaning I always keep 100usd in my wallet.
- When buying more coins, I inject more funds. I don’t use profits from coin A to buy coin B, because if coin A crashes, it’ll drag down other coins B, and later when selling, the total won’t be much (because I’ve already spent it all or lost when using that money to buy other coins).
- When buying coins, only buy coins that follow the BTC trend like: ETH, SOL, AAVE, COMP, LTC,...
- Don’t buy coins if they have a shady project, excessive supply,... If you don’t have experience, just follow my lead when I buy a coin, because if you buy a trash coin, that HODL will cost you a lifetime.
Small capital + DCA = Immortal, NEVER DIE!
Thanks to everyone for trusting and following.
