The following will explain how we employ the use of our Bitcoin model in what has historically worked the best. It is totally up to you how you want to adjust the settings for your own needs (i.e maybe you’ll never sell).
Long Term Portfolio
This is the portfolio we recommend if your plan is to hold indefinitely with very little selling (unless it’s obviously extreme conditions all around). If you have income coming in every month that you can save and you don’t want to trade often this one is perfect.
(Advanced) If we have a large cash position we put in an interest bearing crypto account (on Binance, Anchor, Crypto.com, Nexo or FTX).
Keep adding to your cash accounts as you get paid until you get the “Bear Market Signal”. We will send you a text to your phone that you provided us with all the details.
When we send you this signal we will put all our free cash in Bitcoin at this price. This has an almost 95% accurate rate that the price will go up in the near future and the max drawdown (historically) is ~15% and that only for a short period of time.
If we buy at this price we probably won’t need to sell since the price we get is usually so low it won’t be revisited in the future after the pump.
Continue saving money and repeat until the next “Bear Market Signal”.
Short Term Trades (For Experienced Traders + Higher Risk)
This strategy will involve buying and selling of Bitcoin on a semi regular basis (depends on the market conditions). There are a lot more trades and there is a chance you could experience a 50% loss after the buy signal. However, this is also where you can also make a lot more money.
For these trades we will send out an indicator that says “Bull Market Buy Signal” - these signals are a good time to buy Bitcoin with whatever cash saved up and get ready to sell on the next sell signal. We may even buy altcoins at this time but that is definitely not recommended unless you know what you’re doing and understand that game well.
When we buy with these signals we sell 30-60% on the next sell signal (depends on how much of draw down you’re comfortable with). The sell signals are not as accurate so the market would keep going up after but it could also drop. They are about ~75% accurate and within 10%. These make for some powerful swing trades.
In summary
We save our money or put money aside in an interest bearing account
Wait until the “Bear Market Buy Signal” to put all our money in and have no plans of selling
Sometimes we buy with the “Bull Market Buy Signal” but are ready to sell on the next sell signal.
Alt Coins + Higher Risk Investing
If you want to take on more risk in the hope of higher returns you can gamble in altcoins which pretty much means any asset that isn’t Bitcoin. While we have the majority of our portfolio in Bitcoin & Ethereum - it does sometimes make sense to put a little bit into alt coins. A safer way to do this is to take a portion of your profits from Bitcoin into alt coins when there is a “Bull Market Buy Signal”.
However before you take this route please read our strategy on how to find Altcoins to invest which you can find here: www.banewealth.com/altcoin-investing
We have our own alt coins that we like but this market moves extremely fast and our recommendations change often. You will make much more money over the long term by following the Bitcoin trading model without the emotional damage.
In summary, if you’d like trade alt coins
Read our altcoin strategy guide and understand what to look for
Buy during a “Bull Market Buy Signal” for the best risk/reward. Also our system doesn’t work for the really good alt coins and strong alt coins so there is no real edge there.