Setting Up New Altcoin Accumulation Models & Trading Strategies
It’s About Time!
I have been writing about several new up-and-coming blockchains over the past 6 months or so. I have simultaneously also begun modest accumulation on several altcoins such as Taraxa and Centrifuge. However, regarding many of the others, I have been awaiting more of a bottoming structure. Even though Bitcoin bottomed last year, altcoins have continued to bleed out for much of 2023. I have very specific rules and disciplines that I apply when it comes to accumulation.
I don’t pay attention to influencers and the so-called gurus. I have developed and utilized these practices over the past 8 years. They have, up until now, worked exceptionally well for me. What I do tend to do is to fine-tune and enhance my strategies as much as possible. Perfection is an illusion, whereas improvement is a realistic and achievable goal… and so the past few months have been a time of testing and adjustment, in preparation for the upcoming bull market.
My somewhat enhanced, or revamped, trading strategy continues to produce stellar results. I hope to make this a vital arm of my altcoin accumulation infrastructure. I have spent a lot of time setting up hardware wallets and configuring passive models to feed into cold storage and other self-custodial solutions. I am ultimately looking to simplify as much as possible, and where possible, to automate models.
Passive Crypto income models that feed directly into cold storage are great. All that is required is to release payments, and then to offload during the final stages of the bull market. As I mentioned in 2019 and 2020, 2025 is the bull market I have been working towards. Even though the bull market of 2021 was a lot more rewarding than I had initially envisioned, this is the bull market I am looking to maximize!
The Perfect Solution
When it comes to altcoins, micro-caps are where you are going to find true alpha. Gaining exposure to this sector comes at a high price, in terms of risk, which is why many altcoin investors tend to gravitate towards the Top 40. However, if you are looking to secure life-changing gains… you won’t find them here. This is why I advocate building passive income models, to gain exposure to micro-caps, and altcoins in general.
If, as an investor, you are deploying “free money”, you are simultaneously removing all of the risks involved. If it doesn’t cost you anything, you can’t lose anything. This is the mindset behind passive income. Passive income builds wealth, while simultaneously mitigating, or even, removing risk. This is an incredibly powerful strategy. Yesterday I published an article entitled, “Why I Have Decided To Invest In A Memecoin”.
I am not a big fan of memecoins. However, this particular memecoin shows promise, and for several reasons. My initial allocation to this investment was completely funded by passive income. In other words, the risk/reward ratio is now biased in my direction. In essence, I cannot lose, as it didn’t cost me anything. This is how I like to fund micro-cap investments.
The risk/reward ratio in terms of micro-caps is enormous. This reduces the capital requirements involved. For example, a thousand-dollar investment in a 200X micro-cap becomes $200K! That’s significant, by any standards, especially when you consider an initial investment of a thousand dollars. Having multiple avenues of passive income also helps to expand your exposure, in terms of the amount of projects you can invest in.
Final Thoughts
In my opinion, it’s imperative… a strategy that is way too powerful to overlook or ignore. As I mentioned earlier, I am hoping for my trading endeavors to become a lot more involved in my altcoin accumulation strategies. Once we see a little more growth in the overall Crypto market cap, the game will begin to shift significantly. This is where I am hoping to experience significant growth in terms of trading profitability.
This will then enhance and accelerate my micro-cap and altcoin accumulation. The key is to remain focused. Patience and dedication are about to be rewarded, but only for those who have exercised these virtues. All the best! Catch you next time!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
The theory that only Bitcoin will remain seems impossible to me. I also believe that some altcoins will explode. Thank you for this post !PIZZA
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@stefano.massari(1/5) tipped @sapphirecrypto