Another approach to seeing ROI on the capital invested: Treat them as the armies
This is one idea to share.
Suppose I on-ramp $100 to crypto and bought $100 worth of Hive.
When do I take profit? Well, the long game is to take profit when it multiple X. Say when it 2X.
But between the start and the 2X many things can happen. The market could crash, for example. So is it wise to hodl till it 2X?
How about seeing the capital outlay as the army that runs out to win battles? By this, I mean I check on the ROI of this very $100 very closely. Once it earns a target percentage, I sell all of it and take profit. Victory captured!
This is something like sculpting, just that I hold each $100 responsible for bringing home the bacon. If the $100 worth of Hive gets sold for $120, I would have made 20%. Hopefully within the year, and is quite possible in the bull market. Then I on ramp another $100. Rinse and repeat.
This way, I avoid the dip with my big bag of crypto, and can take profit now and then.
For Hive, its actually very neat, if we redirect the HBD into savings to earn the 20% after that initial win, we can keep the fund safe while earning another 20% for the year. Of course, this is assuming the HBD savings account stays in tact and secure.
What is the Brief Random Posts about?
Disclaimer: This is not financial advice, and you should always do your own due diligence before investing!
Posted Using InLeo Alpha
One of the best strategy....
Just identify the levels.....say 0.36...buy it....and sell it with every 10-20% rise...keep doing that...by the time it booms....u might have made 10x already....the safest thing to do.
yeah, just that I have mental block sometimes. It's quite counterintuitive! :)
Actually I will try this strategy.....once I manage to accumulate some liquid funds.
Explained the matter through wonderful equations, thanks for presenting it nicely.
so have you actually done this or is this just a hypothetical
Done it
nice lets goooooooooo
It's not a bad idea so long as the crypto price doesn't tank or crash. There are multiple ways to take profit. For example, you could get back your original investment and leave the rest to ride (if you prefer more Hive).
If gradually one can make repeat of what you have just said, it will lead to a lot of profit
APR system is good people get money to live their life and they live their life well and they live good for two years and if they wait for the bill market the market calculates a lot If they will not be able to take profit, then their life will stop.
Have to trade wisely then you can get so much profit otherwise you only get loss
This strategy will be worth trying though it is still at the owner risk