How to win during bullish and bearish trend in bitcoin market ?
There a lot of methods..
The simplest one that I used,
It is inside my Xapo Wallet since my start in bitcoin market :
I move 1/2 of my funds from my BTC wallet to USD wallet, when the price of bitcoin hit 100% Fibonacci Extensions or Strong Resistance after trend reserval. (Internal transfer.. No confirmation needed)
I move my funds from my USD wallet back to BTC wallet, when the price of bitcoin hit 100% Fibonacci Retracement or Strong Support after trend reserval. (Internal transfer.. No confirmation needed)
So if you have 2 BTC..
Keep 1 BTC in Cold storage and play with the other one between your Xapo Wallets..
As Example; If you already moved 1 bitcoin, when the price reached 19700.00 to your USD wallet and you will move back the funds to your BTC wallet at 6800.00, your bitcoin will become 3 bitcoins.
What you do if you need cash after you moved your fund from your BTC Wallet to your USD wallet !
- Move back the funds from your USD Wallet to your BTC Wallet.
- Send your bitcoin from Xapo Wallet to epayments wallet ( Master Card.. External transfer.. 3 Confirmations needed)
- Your master Card will be loaded as your choise with Eur or USD.
- Cash out and enjoy.
Note;
Usually I use Xapo visa card but after WaveCrest through Visa stopped working with cryptocurrencies, I started to use master card by epayments.
YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
What You Know About --> Fibonacci Retracement in Trending Market.