it may sound fishy and scammy ! but numbers and data speaks here..
1- allocate 50 % of your crypto investment budget for Bitcoin cost averaging below 200 MA (buy daily..every other day or weekly its up to you.. without looking at the price as long as it is below 200 MA) 2- allocate 30 % of your crypto investment budget for lump sump (dip? panick sell ? deep correction) Bitcoin buys 3- allocate 20% of your crypto investment budget for altcoins and other future opportunities ..
****profit average on the way up buy selling once price rises above 2.4 of the 200 MA (mayers multiple)
example 1 : Reward 24X cost averaging @ 2011-2012 below 200 MA = 4.4 $ profiting in the first bubble 2013 only averaging around 103 $
example 2 : Reward 96X cost averaging @ 2011-2012 below 200 MA = 4.4 $ profit by averaging your sell in both 2013 bubbles around 400 $
example 3: Reward 40 X
cost averaging @ 2014-2015 below 200 MA = 384 $ profiting in the 2017 -2018 bubble averaging around 15000 $
Note
** plan to distrubute your "cost averaging budget" for a duration of min 5 month and 15 month (as long as it is below 200 MA)
** Remember to always have the other 50% as a backup in any case/opportunity !
Note
“In the business world, the rearview mirror is always clearer than the windshield.” ~ Warren Buffet
Note
So far Bitcoin Bag average would be around 7500 $ per Bitcoin at heighest.. since the day of publishing this idea
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