Crypto News – Miles Deutscher explains in a series of posts how investors of all stripes may actively create a strategic plan to prepare for the impending crypto bull market.
Don’t worry, this current rally is nothing compared to what happens during peak bull,
Deutscher
Crypto Analyst Miles Deutscher’s Strategy Prepares Investors for a Bull Market
Make a watchlist of the cryptocurrency that interests you now, Deutscher suggests to his followers. Then, he suggests learning about the current stage of the market and where it is with respect to a bull market for cryptocurrencies.
Firstly, where are we? I believe we’re still in an accumulation phase. We’re not at the bottom, but there’s also a LONG way to go to see out this cycle’s full potential. During this phase, the objective is to stack high-quality projects, taking advantage of dips.
Deutscher
According to him, the next stage is to start buying coins after making a watchlist and understanding the market position. In terms of market caps or industries, he suggests taking a diversified approach. Deutscher does, however, indicate a preference for a market-cap-based approach.
By market cap (this is my preferred method): Large Caps (40%) Mid Caps (30%) Small Caps (20%) Micro Caps (10%) The exact %s you assign will be determined by your risk tolerance/goals.
Deutscher
Patience is Key in Crypto Trading, Deutscher Says
According to Deutscher, it’s then time to label your price entry points. Deutscher highlights the significance of determining two additional support levels, denoted by the yellow and red boxes on the graph, in addition to emphasizing the ideal situation of purchasing at the green box level.
But for the majority of your capital, it’s best to employ patience and save accumulation for range lows. You’ll be surprised how many times you’ll get another nibble despite thinking you’ve missed the move.
Deutscher
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