Until the market is bearish, the prices are down the best strategy is to rotate your tokens. Never ever hold your investment rather try to keep on converting and add quantity of your coins.
If you are in #hive ecosysytem, have different tokens then its best opportunity for you to earn passive income. How is this possible? You just need to sell the tokens which are at peak and buy the ones which are at low.
Just like we have liquidity pool investments and other stakings which allows to earn to around 12-25% APR. This strategy is also proven and will give you good APR profit if you do it wisely.
You may be thinking, how is this possible? Its very easy... Lets assume I have 4 tokens invested with equal amount at initial. $100 in #hive, $100 in #Leo, $100 in Colony and $100 in #Script.
The very thing you need to have an excel sheet to note down the every activity you do. You must note your initial investment, the number of quantities of your token and also the prices you bought.
You have things noted down, it will be now simple to do conversion. Keep on checking the four tokens price. When any of the token rises by atleast 5%, its time to convert the token in the other ones in equal proportion. Again note down the quantities.
Keep on watching the prices. When you see that any other token pumped by 5%, again convert to other tokens. When the price of that token comes back to its original price then again convert back to the token. This will increase your quantity.
This is very must to note down the quantity of your tokens. If you don't then you will be confused about your profits. Lets suppose, you had 500 hive in initial and after converting you get around 525 hive then that extra 25 is your profit.
In this way you only focus to increase the quantity of the tokens. This is your profit. You can either sell the extra tokens or keep on investing to bring down your buying average.
What do you people think about token rotation? This is the best trading strategy doing without fear and tention. Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM PEAKDAI
Thank You!
Best Wishes.
Posted Using INLEO
good advice