What is Thirds Rule???
Divide investment into THIRDS 1\3RDS 33%
Buy and Sell in THIRDS 1\3RDS 33%
Break each THIRDS 1\3RDS 33% into more THIRDS if necessary...
For example you have $30 USD to invest in Burst.
(don't just spend all $30 USD all at once)
Buy the first $10 USD at ANY current market\exchange price. 80satoshis
Next put a second $10 USD order at lower than current market\exchange price. 70satoshis
Last put a third $10 USD order at even lower than current market\exchange price. 60satoshis
Why buy in THIRDS 1\3RDS 33%???
Because you dont wont to risk paying more. The price could and most likely will drop to your second 2\3RDS 66% order if not your last 3\3RDS 99% order for example: 80sats, 70sats, 60sats
Why sell in THIRDS 1\3RDS 33%???
Because you dont want to risk not making profits. The price could and eventually will spike higher from the original price point that you bought at. After each THIRDS bought you want to sell higher for example: 85sats, 90sats, 95sats
Why break each THIRDS into more 1\3RDS? 2\3RDS? 3\3RDS?
Thirds Rule is a MEASUREMENT. (like a ruler or a formula)
This will allow you to minimize risk or loss.
Better to be in the positive and not being TOO GREEDY!!!
Please use Thirds Rule responsibly as it may also be applied to any other investments than Burst.
Thank you for your time!
Stay tuned for more basic tradings strategies each month!
FranksIn©