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Making Money From Bitcoin And Cryptocurrency-Part 8

Invest In Bitcoin And Other Types Of Crypto Currency And Crypto Coins By Joining The BitClub Network

· Bitcoin,BitClub Network,Crypto Currency,Crypto Coins,Cryptocurrency

If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please Join BitClub Here For Free. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions Contact Clyde Thorburn Here.

Invest in Bitcoin and other types of Crypto Currency and Crypto Coins by joining the BitClub Network.

Author : Ben Krypto 9 Jan 2018

INVEST IN CRYPTOCURRENCIES YOU BELIEVE IN. Don’t throw your investment into an ICO you know little about. To hold your investment when the price corrects or the market conditions change to bear and prices for all cryptos tumble, you have to have an almost religious-like faith in your coin. You have to believe your coin WILL rise in value. This belief will keep you holding the coin and help you achieve huge ROI over time. ICO’S THAT DON’T REACH HARD CAP MAY BE HIDDEN GEMS. Market cap is very important for estimating how easy you can see a big multiple ROI. The lower the market cap, the easier profit you can make (usually). When ICO’s raise funds the amount raised is categorized as. Hard Cap == the maximum funds an ICO will raise in total. Soft Cap == the minimum funds raised for an ICO to proceed (failure to meet a soft cap and an ICO is cancelled and funds returned). Now usually hyped ICO’s of the highest tier (Tier 1 and 2) quickly fill their hard cap. However, there are some instances where a quality ICO does not reach the ICO hard cap, usually during a bear market or market correction. And sometimes, an ICO goes way below their hard cap limit, just making their soft cap. Usually, these ICO’s have a lot of room to grow when the market improves. Because of this, there is some real opportunity here if you are willing to take the risk and invest. You must be prepared to HOLD your coin for a few months though. If you are trying to flip for immediate profit, you probably won’t be able to.

You do have to be careful here as you could end up buying into an ICO that has little or no unmet demand and end up with a dud. But in some cases, these ‘failed’ ICO’s can be huge wins. Some examples of this. AION. Dragonchain. DNT. You are most likely to encounter and profit from quality ICO’s not reaching their hard cap (and thus ending up with a very small market cap post ICO) during a bear market. SNAP UP QUALITY ICO’S DURING A BEAR MARKET. It’s likely that during a market correction or bear market, ICO’s end up not meeting their hardcaps or have their ICO Hardcaps reduced by the team. If you have some spare funds and are willing to HOLD for a few months, you can get some huge deals on ICO’s that could give big multiples once the market recovers. One recent example was during the October 2017 bear market where most ICO’s coming out that month went 50% under ICO price. Two to three months later though, many of those same ICO’s ended up 3x-10x. Some examples of ICO’s that went under ICO price but went on to go many multiples a few months later. Request Network (REQ) (ended up going 10x, but went -50% under ICO price). Dragonchain. Ripio (RCN). Enigma (ENG). Cindicator (CND). ALWAYS TAKE (SOME) PROFIT. While it’s important to HOLD your coin, you also should not be afraid to take profit. One of the worst regrets you’ll have, second only to selling your coin too early and missing the moon train, is to NOT sell your coin at all before a market correction and lose out on gains you could realize.

One strategy that helps you find a balance is to take a percentage of profit when certain profit milestones have been achieved. Make up a rule you always follow and stick to it. It will protect you from yourself (selling too early, or getting too greedy where you don’t sell at all and watch your profits collapse during a market correction). I give some strategies in the next section for this. NEVER SELL YOUR ENTIRE STACK. You will, at some point, sell some your crypto to realize your gains. Never ever sell out of your stack entirely. You can sell parts of your stack, but not all. My rule is to take a percentage of profit when certain ROI multiples have been met. This ensures I do take profit (protecting me from a market downturn by locking in some of that profit) while also keeping some coin around to catch future profit (which could be substantial). For example. 10x = sell 15% (recovers your initial + extra). 30x = sell 15%. 100x =sell 20%. 1000x = sell 20%. 10000x = sell 10%. Some people like to take their initial investment back when a coin goes between 2x to 5x. One strategy is to sell 5% to 10% every time a coin goes 2x from the current value. This ensures you profit take but still hold significant portions of your coin stash as the value increases. For example, assuming the coin value in ICO is .10c, you might follow this profit-taking strategy 1. at .20c sell 10% (2x). 2. at .40c sell 10% (4x. 3. at .80c sell 10% (8x). 4. at 1.60 sell 10% (16x). 5. at 3.20 sell 10% (32x). 6. at 6.40 sell 10% (64x).

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