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.<strong>Macro Strategy:</strong> 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 targetsIn Uncertainty: Apply classical charting principles of 3:1 up to downside before taking trades (with close stops) and largely stay in USDT.<strong>Micro Strategy: </strong>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 intoIn Bull: Trailing stops of 6-8%; Algorithmic rebalances based on percentage gained<strong>Research:</strong>Bitcoin Live member: https://bitcoin.live/analystsTwitter Advisor List: https://twitter.com/i/lists/1480508370494926852Complete fascination with this space and subsequent CryptoTwitter addictionWelcome to the strategy.Cheers,Cryptoechein
The weeks to come look pretty dumpy. We will aim to re-enter at the end of June and/or near 21-23k btc price ranges.
Update: forecast is less certain now with btc and eth struggling at this level. It’s a 50/50, perhaps less, it goes up. So we protect profits and rebuy at 30k btc if wrong. Long game prevails, we are up a lot, we aim to keep it that way.
Quick update. Btc and eth are bullish, holding up well. We are looking for a final large push in the coming weeks and will look to take profits over this time and into early June.Macro forces are in a game of extreme chicken at the moment and being out for that in the near future is the prudent play.In the meantime. We vibe.
Things have gone well and so far so good for our rebalance into eth/btc before the upgrade. We will hold this position into May where we will likely exit 60% to usd due to macro turning down, with a rebuy in H2 for the next leg up into 2024. Until then tho. We vibe