The Director joined the Wall last night, officially becoming a member of the Night's Watch, to guard the long night for the next four-year cycle! Because of the curiosity of our readers, the director hereby reveals his personal "night watchman" plan: the director has started monthly fixed investment and buy the dips within price ranges. 1) There is no time interval for monthly fixed investment. Fixed investment is based on time, not price. The fixed investment period is currently set at 15 months, and the first month has been completed. 2) Buy the dips within a range is price-sensitive. Above 60,000, the plan is to allocate no more than 10%; between 50,000 and 60,000, no more than 20%; between 40,000 and 50,000, no more than 25%; and between 30,000 and 40,000, All In all in on the rest. Monthly dollar-cost averaging and buy the dips within a range are not contradictory; if one of these two rules is met first, the other strategy automatically becomes invalid. For example, if Bitcoin falls below $30,000 within the next 15 months, then the monthly dollar-cost averaging ends prematurely. Or, after 15 months, the investor may have already used up all their resources. It's a bear market, time for us to step in! Believe in the power of cycles, and always have faith in BTC!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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