This is my 2nd post and I'm so excited to share with you this crazy trick to make MASSIVE gains, I hope you will like it guys :)
As we all know, 2017 was an amazing year for investing in crypto. In this post I wanna show you how to turn out best of your investement while not taking any risk by using the Rebalancing technique.
Rebalancing is when you take all of your earnings of a time period then reinvest them by dividing them equally on the Top "N" Cryptocurrencies of the next time period.
So for example, if you invested $10k in the Top 10 cryptocurrencies on January 1st 2017 and wanted to rebalance every month, you would take all of your investments including profits and divide them by 10 into February’s Top 10 cryptocurrencies.
I included below an Excel file that shows in a detailed way how an initial investemnet of 10.000$ was turned into 1.000.000$ during the year of 2017.
Note: The results are in $USD and not using the BTC value, so the return could vary. Also note, there may be some fluctuation depending on if you reinvest on bloody Fridays. The dates of value used were from Coin Market Cap historical data.
I hope this helps you in 2018. Remember… ALWAYS have a plan!
Don't forget to smash the upvote button and leave a comment... Good Luck ;)
Excellent content, follow back, vincentb tag unite - upvoted you - united we stand, divided we fall - together to the top
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Excellent content, follow back, vincentb tag unite - upvoted you - united we stand, divided we fall - together to the top
Upvoted and follow :), if you want follow back!
Extraordinary!
12.24% @pushup from @bhmdjp92
This is a good article shows how a little strategy put into investing can go a long way! Way to go @bhmdjp
plan & stick to it
If only we could predict the future with more accuracy! (We'd all be rich). Good info tho. BTW, to display URL's more neatly, use the text code. Only the text in [] will be shown.
Thx for the info, I appreicate it ;)
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well no offense anyone can create the past data can you predict or create similar plan for 2018
congratulations for that publication I think it will be very seen by the users of steemit
which day of the week you usually sold and which time? Did you sell randomly?
Check out my latest piece on the mysterious Boleskine Manor if you get a chance.
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