👋 Hi finance enthusiasts and fellow investors!
I hope this message finds you well. As we navigate the exciting waters of the upcoming bull market, I wanted to share my approach with you, as it could potentially be the most significant opportunity of our lifetime.
While I must emphasize that this is not financial advice, I believe that a well-thought-out strategy can make all the difference.
This isn't my first rodeo – it's my third bull run. My experience has taught me valuable lessons about the crypto market's ups and downs. May this email help you and your friends, so feel free to share it with them.
Let's discuss step-by-step how I will approach the next bull run:
The information provided in this newsletter is for educational and informational purposes only and should not be considered as financial advice!
Step-by-step Plan
This is my plan. Your situation may be different, so make sure to adapt it to your needs. And there is no 100% bullet-proof plan. When things get heated, plans must be changed sometimes. But its better to have a plan and change it, then to have none.
Note: ✅ = I have already done it. If you haven't done it yet, DO IT!
1. Save Money ✅
If you have not yet taken this step, the question is what are you waiting for? A solid financial basis is the key. We only invest money that we are prepared to lose! Never invest your last money, because you will be forced to sell when you need the money.
2. Cut Losing Investments ✅
If you haven't already done so, I would get rid of old bags (old investments at a loss). I know it may be emotional, but there is no place for emotions when it comes to investing. I have already done this in 2022, but it is never too late to cut losses!
3. Accumulate as much BTC and ETH as possible ✅
My BTC is already in the bag. I bought in mid 2017, 2020 and last months with an average buy price of $22.9k, now I am focusing a bit on accumulating more ETH. If you haven't already positioned yourself, now would probably be a good time to accumulate (No financial advice).
4. Trade Less Altcoins: ✅
Stay away from risky investments unless you know what you’re doing.
5. WAIT ⏳
6. Wait for Catalysts to Trigger the Bull Market ⏳
7. Wait for a BTC ETF Approval ⏳
8. Wait for the Bitcoin Halving ⏳
9. Wait for Regulation and Macro Changes ⏳
Keep a watchful eye on the broader financial landscape.
10. Wait for a New Crypto Trend to Take Over the Market ⏳
11. Watch Closely as Money Starts Flowing into CEXes ⏳
This is where it all begins.
12. Watch the Price of BTC and ETH Rise 📈
13. TAKE PROFITS on the Way Up 💰
Capitalize on favourable price movements, don’t be greedy.
14. Keep a Short List of Altcoins (5-10) with Strong Fundamentals ⚙️
Select altcoins carefully.
15. Monitor How They Perform with BTC Price Movements 📈
16. Rotate Some Profits from BTC/ETH into Altcoins ♻️
Diversify strategically.
17. As Bitcoin's Price Consolidates, Appetite for Altcoins Returns 🍽️
Be prepared for shifting trends.
18. Altcoin Season is Back 🚀
This is when things get heated. Profits left and right, every idiot is making money and people only see one direction: UP!
19. TAKE PROFITS on the Altcoins on the Way Up 💰
Secure initial investment and some profits - don’t be greedy!
20. Set Limit Orders to Sell 📊
Automation is our ally. In this email I talked about order types, see here:
21. Search for Top Signals 🚨
At CryptoExplorer Pro I will share my thoughts about the market on a daily basis to make sure we don't miss anything. You find a few simple signals below.
22. Crypto is Covered by Major News Outlets 📺
Mainstream recognition is a significant indicator.
23. Major Brands and Celebrities Start Mentioning Crypto 🌟
Another sign of a top signal.
24. An Absolute No-Coiner Friend Tells Me About the Next Big Sh*tcoin 🤯
The final confirmation… Time to Go 🚦
26. Set Stop Loss / Sell Orders to Dump the Majority of My Bags 💼
Pro Tip: Try to use a trailing stop loss to capture the upside while protecting yourself against a sudden crash
27. Enjoy my Profits 🌟
Summary
Remember, simplicity is key. By adhering to the "KISS" principle – Keep It Simple Stupid – you're more likely to stick to your plan. As with any strategy, it's essential to remain adaptable and make informed decisions along the way. Now, the question is, would you follow this plan, and if so, what adjustments, if any, would you make?
With CryptoExplorer Pro, I take this philosophy to the next level by sharing in real time where we are currently and what steps I'm taking personally. There I share exactly what I’m doing in real-time with you and answer all the questions you might have.
Questions like:
And people love it so far!
If you want to have a 7 day free trial, simply reply to this email with “START”!
Feel free to share your thoughts, and let's navigate this bull market together!
That’s it for today, I wish you all a nice weekend!
Cheers,
Stefan
Co-Founder CryptoExplorer
Very helpful, thank you