Hiring Company: Pionex
Location: All Cities,
Iowa
Job Type: Full Time
Salary: Not Specified
Experience Desired: 0 - 2 Years
Last Update: Apr 23, 2021 06:14:33 AM
Full Job Description:
Instead of HODL, this is what you should do.
Now you all have agreed with me that HODLing is impossible and are looking for some change for your future investment strategy.
Again, here’s our trading plan:
Buy Bitcoin once the price hit $10,000
Sell Bitcoin when the price hit $100,000
As an experienced investor, I won’t wait for the target buy price with my empty hands. Instead, I’ll buy some Bitcoin immediately at the current price. Keep some USD with me and laddering buy when the price drop. To prevent the price never hit $100,000, I will continue laddering sell when the price surges.
Did you get my point? I’m dividing my principle into several small portions. When the price rise, I sell some part of my Bitcoin and buy some more Bitcoin when the price drops. It’s a no-brainer strategy, and you don’t have to learn several indicators trying to predict the market.
It feels fantastic when we have correct predictions, but it feels sucks when we do it wrong.
So, this is my secret receipt. The next question you have is that how I can follow this strategy? It’s a hassle to placing the orders again and again. Any more manageable way to do that?
These repeatable tasks could be done by the bot easily. And here comes the grid trading bot.
The tool that makes HODL possible.
Grid trading is a strategy that profit from fluctuations; what it does is buy low and sell high in a specific price range. Grid Trading Bot helps you to perform this strategy 24/7.
Learn how to set up a Grid Trading Bot on Pionex.
Simply set a price range from $10,000 to $100,000 for BTC/USDT. It’ll buy some Bitcoin at the current level, keep some USDT with the bot, laddering buy and sell if the price stays within the price range.
Does this strategy work at the current price? Am I too late for this?
Yes, it still works now. As long as you’re bullish with Bitcoin, then use this strategy to prevent you from shaken out by the volatile market.
You might be feeling anxious if this is your first time follow this strategy. The key to success is to use only a small portion of your portfolio you’re willing to lose with this strategy. It would be 5% of my balance, and you could change the percentage you preferred.
Another tip for winning long term is not all-in even when using this strategy. Invest another 10% with a new bot while the price drop 10%, another 10% for another new bot when the price drop again.
If you’re already know how to start a Grid Trading Bot, here’s the parameters that you could use for this HODL If you’re already know how to start a Grid Trading Bot, here are the parameters that you could use for this HODL strategy:
Upper limit: $100,000
Lower limit: $10,000
# of Grids: 150
Currently, the minimum amount to start this bot with the above settings is $618 (BTC = $37,570).
It might be too high for some of the readers. Check out mBTC/USDT trading pair instead. mBTC stands for milliBitcoin, which means 1000mBTC equal to 1 BTC.
mBTC settings:
Upper limit: $100
Lower limit: $10
# of Grids: 150
Minimum required balance: $60
博客:https://www.pionex.com/blog/pionex-blog
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https://www.pionex.cc/en-US/sign/ref/7mIp8O51
Company Type: Not Specified
Contact Name : chen kan an
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