Bitcoin flipped from a long-term bearish Trend to a rather promising looking bullish Trend this past January when the price was about 16 to 17K between August and October we had very Consolidated sideways price action that temporarily turned bearish and now so far appears to have been a fake out where at the end of October we flipped bullish again and are breaching this 38k price point we haven't seen since back in May of 2022 on the horizon we have the wildly anticipated approval of a spot Bitcoin ETF across m multiple financial service providers that will all be competing against one another therefore triggering a massive flood of marketing and advertising campaigns about Bitcoin in the mainstream media bullish following that we have the Bitcoin having to look forward to check out this video guide All About It by clicking on the link above which should happen around April or May of 2024 and usually causes mainstream media to feature Bitcoin in the news and all throughout next year in the United States we've got a contentious presidential and congressional election coming up with a lot of candidates and incumbents taking strong positive and negative stances about Bitcoin and the cryptocurrency industry at large this will also cause Bitcoin and cryptocurrencies to be in the mainstream media and the culmination of all of this will likely result in a lot of people becoming aware of crypto becoming curious about crypto and in some cases starting to use adopt and invest in crypto bullish so looking back at previous bull Trends we can see that price action does not move in a straight line upwards there are spikes upwards there are brutal dumps downwards all within an overall long-term bullish Trend and the best strategy that has worked historically when we've decided to invest in something with volatile price action like cryptocurrencies is known as DCA or dollar cost averaging what is dollar cost averaging dollar cost averaging is when you decide on a certain amount of funds we would like to put towards an investment at a certain frequency for example let's just say you decide that every Monday morning you going to start dollar cost averaging $100 into Bitcoin once per week so every Monday over a long period of time you are consistently investing in Bitcoin regardless of the price and what happens is you decrease your exposure to price volatility to help us visualize this check out this chart showing bitcoin's highly volatile price movement over time you can see that there are high Highs but even more low lows throughout Market Cycles this Orange Line depicts the average price of Bitcoin over time which is much less volatile and a lot more stable this line represents the average price at which you are buying Bitcoin over time when you choose to implement the dollar cost average strategy this is a much safer strategy than buying large lump sums of Bitcoin at sporadic times trying to catch a low and you can also see why there are usually great opportunities to buy Bitcoin at the beginning of a bull cycle over time which is perfect for us at the time of this video where it seems like we may be at the very beginning of a potentially life-changing bull cycle I mean if we had started DCA or dollar cost averaging into Bitcoin when it first flipped bullish back in January 2023 at around 16 to 17K we would have accumulated a nice bag of Bitcoin at amazing price points until now so how do we determine an amount we should invest over time in crypto can we automate this process to make it effortless let's explore the best way to determine how many different crypto projects we should diversify into how much money we can and are comfortable with investing in the cryptocurrency market and finally the best way to execute and automate a dollar cost averaging strategy that requires hardly any effort on our part hello I'm crypto Casey and in this video we are going to explore the best investment strategy we can Implement during the beginning of a bull Trend and how we can determine an amount and frequency we are comfortable with to invest over time let's H it please be sure to check out our sponsors aani Morales money and tangent wallet get 100% guaranteed protection against Sim swapping using aani secure cellular Services which you can learn more about in this video by clicking on the link above find and trade altcoin gems before they pump with Morales money which also gives us access to the money line tool we used a minute ago to show bitcoin's Flip to a bullish Trend and invest in your very own Cold Storage Hardware wallet like tangent wallet their new tangent wallet is out now with a ton of new cool features it has a sleek black matte design is the size of a credit card multicurrency multi-chain and it's by far the easiest crypto wallet to set up and use on the market right now is extremely affordable so scroll down and use Link blow to access the correct and official sites as well as redeem any special offers they have for us sweet as a crypto investor it's extremely important to decide which projects we are going to invest in over the long term and by long term I do not mean a few months or a year I mean several years a mistake a lot of newer investors make in the space is by over diversifying into too many projects and missing out on potentially larger gains over time so the first step is to determine how much we would like to one invest our money into all and any investment vehicles in and two what percentage of that amount we want to diversify into the cryptocurrency market and three based on that amount how many different projects makes sense to get into so first how much should you invest a golden rule of thumb if you can swing it is to put at least 10% of your annual income into investment vehicles as an investor it's important to be Diversified across different asset classes not just crypto alone so if you make $50,000 per year setting aside at least $5,000 of it would be a great place to start and of the $5,000 next you need to decide how much you would like to invest in the cryptocurrency market if you are younger and have a lot of working years ahead a larger percentage in this riskier asset class may be better than if you're close to retiring and have limited to no steady income and here's an important fact a lot of people don't really think about or understand that we explore together a lot on the channel the key thing we need to focus on to build wealth over time is our income income is what we can rely on to live and to use it to invest best so please always focus on increasing your income and increasing the amount of income streams you have over time this includes learning new skills that command higher value stacking different skills over time to become even more valuable to the marketplace figuring out solutions to problems that create value in the world and ideally becoming an entrepreneur where instead of just having one job as one fixed source of income via a salary or hourly wage you have multiple streams of income with multiple clients multiple cash flow generating assets Etc cool so back to our example let's say out of the $5,000 you've decided to set aside to invest you decide to allocate 50% of it or $2,500 to the cryptocurrency market once you determine an amount of money you can afford to potentially lose because of the highrisk nature and volatility of cryptocurrencies and to hold long-term which means over a year and more likely several years next you will need to settle on the total number of projects you are going to diversify into a diversified Investment Portfolio is great however in crypto it's easy to over diversify and miss out on substantial gains so if you're working with a couple hundred it's best to stick with one or two projects if you've got $1,000 or a couple thousand you're working with stick to three to six plays $110,000 6 to 12 plays Etc and if you'd like to check out some projects we explore together in the gaming and interoperability sectors which are narratives I think have a high probability of Performing well this pool cycle check out this playlist by clicking on the link above sweet so once you have decided on the amount of projects you can invest in and have chosen which projects you're going to get into next you need to figure out the frequency you would like to invest this can be daily weekly bi-weekly or monthly and keep in mind the higher the frequency you dollar cost average into something the less exposure you will have to volatility however higher frequency can also incur more transaction fees depending on the exchange so when we put it all together from our example let's say say with the $2,500 you've decided to allocate to the crypto markets you've decided to spread it across two different crypto projects over a monthly period this means over the course of the year you will have bought a total of $1,250 of each of the two projects and you decide to DCA or dollar cost average into them at a monthly frequency basically every month you would buy about $14 worth of each project simple is that nice now let's explore five exchanges that allow you to set up automatically recurrent buying so that we can set it and forget it and focus our time and energy on increasing our income thereby increasing the amount we can invest over time to build wealth for the long term first I want to show you how fast and easy it is to become your owned bank and set up a secure Cold Storage Harbor wallet in less than 60 seconds using tangum wallet opening the box here we have the three cards with a new Sleek matte black design next installing the correct and official tangum mobile app on our phones and opening the app tap scan card card and touch one of the cards to your phone like so next click create wallet and tap the card to your phone again nice now that we have a wallet let's create backups of it tap backup now and then tap add a backup card and tap the second card to your phone cool now tap add a backup card again and tap the third card to your phone then tap finalize the backup process and now we need to create an access code to secure the wallets tap continue then type in whatever word phrase numbers or combination of text you want to use to access your wallet re-enter it to verify the access code and then scan the primary card ending in the corresponding numbers on the screen that matches the card holding it up to your phone until the operation is complete then repeat this process for the two backup cards that's it it's configured and ready to use so if you want to watch a full video on how to use tangum check out this video guide by clicking on the link above and scroll down and use links below for a nice discount and to access their correct and official site amazing the beginning of bull cycles are great opportunities to establish accounts with multiple exchanges that way you have several options when the bull market comes raging back again in case certain exchanges have downtime during High transaction volumes so make sure you scroll down and use links below to access the correct and official sites and also redeem all available signup rewards to get some free crypto cool first up Kraken open the Kraken mobile app tap the trade button at the bottom tap buy select the cryptocurrency tap order type select recurring choose the frequency between every day weekly bi-weekly or monthly choose when this recurring buy will start like today versus another day then tap select enter the amount you want to buy tap pay with and choose between your crypto wallet Apple pay or similar then tap next make sure everything looks good and then swipe to confirm brilliant your new DCA strategy with Kraken took about 25 seconds next up coinbase open the coinbase mobile app tap the buy button then select the cryptocurrency you would like to DCA into next tap the drop down that says onetime order and you will see different order types tap the recurring buy option then choose the frequency to repeat the order either daily weekly twice per month on the 1st and 15th or monthly every month on the 1st next choose what you'd like to pay with like your bank account Apple pay USD wallet or similar enter the amount you would like to invest then tap review order make sure everything looks good and tap place order amazing in 30 seconds you set up a recurring DCA strategy with coinbase next up binance open the binance mobile app tap buy select the cryptocurrency enter the amount choose a payment method tap the auto buy button choose when you'd like to start like today or another day then choose the frequency between daily weekly every 1 and 15th or monthly tap preview byy make sure everything looks good then tap app confirm by sweet in 25 seconds you've got a DCA working for you with binance next crypto.com open the crypto.com mobile app tap the buy button select the cryptocurrency tap the onetime buy drop down tap recurring buy tap setup recurring Buy enter the amount tap the frequency drop down between daily weekly bi-weekly and monthly then tap confirm next tap the repeat on dropdown and select between first day of the month last day of the month or specific day of the month then tap confirm and tap the pay withth dropdown and choose between your bank account crypto wallet or similar then tap confirm schedule review everything to make sure it looks good and tap confirm nice in about 30 seconds you set up a DCA process on crypto.com and the fifth exchange Gemini open the Gemini mobile app tap on the buy button select the cryptocurrency in the top right hand corner tap the instant drop down then select recurring select the frequency between daily weekly twice monthly and monthly then tap confirm enter the amount select the payment account like your bank account Apple pay or similar tap continue make sure everything looks good then swipe to confirm cool in about 25 seconds your DCA strategy with Gemini is ready to go awesome if you would like to learn more about how the money line works and how it has performed historically in past the bull and be Cycles check out this video if you would like to learn how to use tangent wallet and transfer crypto off of exchanges to your own Cold Storage harde wallet check out this video and to get your very own tangum Cold Storage harde wallet click on the link on the screen like And subscribe for more be safe out there

We are going to become our own bank our own security system we are going to 100% own and have complete control over our digital assets like Bitcoin ethereum altcoins and other cryptocurrencies and nfts all in less than 90 seconds right now this is the latest version of tangent wallet a multicurrencyMulti-chain cryptocurrency wallet that is the size of a credit card the most affordable Cold Storage Hardware wallet and extremely easy to set up and use check it out opening the box here we have the three cards with a new Sleek matte black design next installing the correct and official tangum mobile appOn our phones and opening the app tap scan card and touch one of the cards to your phone like so next tap create wallet and tap the card to your phone again nice now that we have a wallet let's create backups of it tap backupNow and then tap add a backup card and tap the second card to your phone cool now tap add a backup card again and tap the Third card to your phone then tap finalize the backup process and now we need to create an access code to secureThe wallets tap continue and then type in whatever word phrase numbers or combination of texts you want to use to access your wallet reenter it to verify the access code and then scan the primary card ending in the corresponding numbers on the screen that matches thatCard holding it up to your phone until the operation is complete then repeat this process for the two backup cards sweet now your tangent wallet has been configured and is ready for use now we can continue to the wallet check out the mobile app learn how to use it safelyAnd securely and then move some crypto to it hello I'm crypto casy and in this video we are going to go over the new features of tangum latest wallet and how we can transfer crypto off of exchanges to completely own and control it with this cold stor harder wallet let's hitIt here's tangum original wallet we fully reviewed together on the channel which you can check out by clicking on the link above and this is their latest Sleek matte black design with some interesting new features side by side both cards are the same shape and sizeHowever the new one is more sturdy with some nice weight to it tangum compiled a list of the most requested features by users and implemented them in their new Tango Wallet card one of the main differences being three different options for private key generation versus only one so in addition to usingThe certified true random number generator trng which generates and stores the keys inside the card's chips where neither tantrum nor anyone else can see what it is and no copies exist in space and time outside of the tangent wallet cards now with the new wallet cards we have the option of generating aSeed phrase with the tangum mobile app and importing it to the cards and also the option of importing an existing seed phrase from another wallet cool stuff so it's important to note that if we create the wallet without the seed phrase option generating a seed phrase will notBe possible later so we need to carefully consider the pros and cons of each option and decide which one we are most comfortable with long term tangum creates a seed phrase through their app on your phone a hot device connected to the internet which is not ideal if yourPhone has malware on it has been compromised or similar so if we do decide to create a seed phrase for a tangum wallet or if we decide to import a seed phrase from an existing wallet consider disconnecting from any Wi-Fi networks and switching your phone into airplane mode to make sure the processIs more secure do not take a screenshot of the seed phrase and instead write it down on a few pieces of paper to store securely in different locations in case of something like a fire flood or similar and then get something more durable than paper immediately for theLong term there are some great offline options for storing the private Keys like the crypto steel capsule solo offered by Ledger this is a solid steel capsule to protect your seed phas designed to resist extreme conditions and the bill fle also is offered by Ledger bill ftle is a solid steel caseTo store and protect your seed frames designed to resist fire water more with cold wallets like Ledger and treasure devices the creation of the 12 or 24w seed phrase is done offline which is more ideal and secure however vulnerabilities and security risks are still present because as we've discussedIn several videos on the channel if anyone has access to your seed phrase like if they came across them written on a piece of paper or had access to a ledger crypto steel capsule or bill fle with the seed phrase or if you stored itOn a device that can be hacked like your computer cell phone or if a scammer tricks You by pretending to be Ledger treasure or similar sending you a fake email or directing you to a fake site and instructs you to give them your seed phrase by lying and saying your fundsNeed to be recovered or something like that then all the funds on your wallet will be gone so seed phrases are designed to help us with self- custody and to manage our cryptocurrencies and dital assets more easily and restore any lost access to our funds however like weJust discussed there are risks and even if you decided to try and remember it by heart or mix up some of the words if you unfortunately suffered a brain injury memory laps or similar that's also a risk of completely losing access to your funds so think about this cryptocurrencyPrivate keys are generated by elaborate mathematical algorithms where data is encrypted many many times using a huge amount of computing power and then the most important key is then just converted into a 12-word seed phrase that can be used by anyone anywhere at any time to steal everything rightImportant things to consider so do your own search and never put your eggs or crypto all in one basket or even several of the same types of baskets diversification in Investments is just as important as diversification of the same type of assets like spreading cash into several different banks andSpreading crypto across different types of wallets diversify some digital assets into seed phrase-based Cold Storage Hardware wallets like Ledger and treasure and also diversify some digital assets in different technologically based wallets like BC Vault or tangent wallet with Tangent wallet instead of a seed phrase as the the only way to backUp our cryptocurrency backup copies of the wallet are created and used on the other tangum wallet cards so let's say we have our tangum Wallet card and two backup cards we can store them in different geographical locations in case we need to restore access to our digitalAssets and if anyone happens to come across the card or steals the card and even downloads the tangum wallet app and tries to access our funds an additional security layer is necessary which is where we encrypt our wallets with an access code by creating our unique series of numbers or letters or similarTo a pin code or passphrase and to protect the wallet from Brute Force attacks after each wrong password attempt an increasing amount of time delay between each attempt is executed so our crypto remains secure amazing the other new features we will explore apply to both the first and latest versions ofThe tangum cards as updates to the tangum Mobile Wallet app and overall user experience this includes a new dark mode where we can navigate through the mobile app comfortably in low light environments so it's easier on the eyes when using it at night or in the dark itAlso looks a lot cooler as you can see here on some screenshots with the new update we can now sort and group our cryptocurrencies and tokens however we want whether it be by balance by blockchain Network like cryptocurrencies on the ethereum network versus polygon or similar or manually in whatever orderWe prefer to see them tangum added an extra layer of protection with an option to hide our balances when the app is open to keep our crypto Holdings more discreet without us having to sacrifice convenience if others are close by and can see our phone screen and they alsoAdded an option to turn off access code recovery which increases security we can now monitor price changes over the past 24 hours of all of our assets directly in the app to help us make informed decisions during Crazy Dynamic markets there is rapid access to buying sellingOr hiding a token by tapping and holding it on the home screen Bitcoin and ethereum transaction histor is also displayed directly in the app without us having to check third parties like block Explorer ether scan or similar and tangum is working on adding more blockchain networks and future updatesTangum now offers 247 365 support so they can answer any questions we may have or guide us on how to properly do crypto transactions with Tangent wallet no matter what time it is or what time zone we are in which is huge for beginners just getting in the space moreFeatures are on the horizon like a market data feature directly inside the app an address book cross chain swaps staking and more support for more blockchains brilliant now let's transfer some cryptocurrencies off of exchanges to our tangum wallet together so we can get more comfortable with the process as well as transferSome back to the exchange to practice for our profit taking strategy in the next Bull Run which you can learn more about in this video guide by clicking on the link above and after that we will learn how to connect our tangum wallets to web 3 applications like Morales moneyA platform for finding undervalued altcoins before they pump the next Bull cycle so stay tuned to the very end to learn more about becoming your own bank with complete control and ownership over your digital asset Investments simply and easily with Tangent wallet and a very important free tool we can use whenInterfacing with web 3 to further protect our funds nice let's move some Bitcoin we have on our coinbase account off of the exchange together to hold in our very own Cold Storage Hardware wallet tangum wallet open the tangum app tap scan card scan the card and enterThe access code scan the card again and from here on the Das board press and hold Bitcoin then tap copy address next open the coinbase exchange app tap the send button tap Bitcoin paste the tangum Bitcoin wallet address into the two field and tap continue enter the amountOf Bitcoin we want to send I always recommend sending a small amount as a test first to make sure everything is good to go so in this case we are sending $100 worth of bitcoin T preview make sure everything looks good then tap send now and it's on its way in a fewMinutes or so one when we open our tangent Wallet app we will see the $100 worth of bitcoin that we now completely own and control repeat the same process for any other type of cryptocurrency by copying the corresponding address on Tango wallet also making sure we selected the right Network like forExample with tether there are many other available networks like ethereum versus B&B smart Chain versus salana and more and then repeat the same similar process on any other exchange we may have crypto on by using the Sy function pasting the address and the recipient field and checking to make sure everything looksGood before sending the process is actually much easier and simpler than most people think that are new to crypto and it's a lot like riding a bike I can try to explain how to ride a bike to you show you how to ride a bike and you canRead about riding a bike however at the end of the day you need to get on the bike and ride it for yourself to learn so start practicing transferring to and from different exchanges and wallets to prepare for the next face melting bull cycle so you can take profits andPotentially change your life with some nice gains and if you want to explore a simple tool any of us can reference to increase the probability of us making gains by buying and selling altcoins at the right time check out this video guide all about the Morales money lineCharting tool by clicking on the link above great now let's transfer crypto from our tangent wallet back to coinbase exchange to practice for when we want to lock in profits by converting it to Fiat and transferring it to our bank accounts note that you can take profit in stableCoins directly on the tangum wallet app without transferring it by tapping on the token tapping exchange entering the amount and tapping swap there's also an option to sell for Fiat using moonay if we tap sell however you will have to set up an account with them which is a goodIdea so we have multiple options to trade and sell crypto when the market is hot as some exchanges get overwhelmed freeze transactions prevent withdrawals Etc so open the coinbase exchange app tap receive select the crypto for example ethereum on the ethereum network tap copy then open the tangum wallet appOn the dashboard tap and hold ethereum then tap send paste the ethereum network wallet address from coinbase in the address field select the amount of ether to send which as usual start with a small amount to test first to make sure it works then tap send after a fewMinutes or so depending on how busy the network or exchange are it will show up on the exchange and from there you can sell it for your country's currency and then transfer it to your bank account amazing now let's connect our tangum wallet to a web3 application so we can start using decentralizedPlatforms like Morales money but first it's extremely important to make sure we are accessing the correct and official sites as well as understanding exactly what is going to happen when we sign transactions to avoid losing all of our funds from a scammer or hacker using a free browser extension called walletGuard I've been using it over the past year and it's been working great popping up warnings helping check everything out before transacting so it's definitely worth checking out and giving it a go with whether we are new or experienced in the space for example if we start interacting with smart contracts likeFor menting nfts when accessing the site Ward's fishing protection layer executes and warns you if the website might be harmful if it was created recently and if it has a low trust score and if we do proceed to do so with caution and when we do before attempting to verify aTransaction with our wallet a second layer protection is executed with a clear human readable warning about what exactly will happen if you decide to proceed with a transaction like if it's going to drain your wallet instead of actually meant an nft this feature alone would have saved me from losing over$2,000 when minting an nft on a fake lookalike website back in the last bull cycle absolutely insane it can also detect and will notify you if the site is making multiple attempts to interact with your wallet trying to hack and steal funds so wgard is a must have as aCrypto investor so make sure to scroll down and use link below to access the correct and official site to download walg guard's free extension to protect your w wallet and crypto assets today seriously it takes like 10 seconds and if you'd like to see a video guide allAbout how it works click on the link above nice now that we've got an added layer protection to keep our wallets and funds more secure when interacting with web 3 apps let's learn how to connect our tangum wallet to a web three app called Morales money make sure to useThe link in the description are below to access the correct and official site as well as redeem any special offers they have for us before connecting open the tangum app tap manage tokens at the bottom tap BNB and make sure the B&B Beacon chain and B&B smart chain optionsAre enabled that way the connection to Morales money platform goes more smoothly sweet using the link below When we arrive at the site we can see a screen full of crypto bubbles that show us which altcoins are up versus down in the latest price action and in the topRight hand corner click on the sign up login button then click login via wallet here we can see a secure login screen where we can click connect then click on the option called wallet connect here and then we will see this QR code next open the tangum wallet app tap on theThree dots in the top right hand corner of the screen then tap wallet connect tap the add icon in the top right hand corner then hold your phone facing the QR code on the Morales money screen on the tangum app you will see a message tap start and next on the Morales moneyScreen we just need to click the verify button then on the tangent Wallet app on the message that pops up tap sign enter your access code tap the tangum card to your phone and on the Morales money screen enter your email address and now you're connectedTo the Morales money web3 app this is a platform with a lot of different functionalities that helps us with finding new altcoins trading them and much much more which you can learn all about in this video walkthrough by clicking on the link above just to giveYou an overview of what we can do with our tangent wallets connected to Morales money we can check out our wallet balances by clicking on this profile picture in the top right hand corner and then clicking my wallet and here we can view all of our tokens and under the nftTab we can also view any nfts on our wallets nice and on the navigation menu at the top of the screen if we click swap then click on the drop down that says trading account we can click main account which opens up our wallet and ifWe click swap we can select a token to sell from our wallet to buy another token on the ethereum binance or polygon blockchain networks all straight on the blockchain without having to transfer tokens to and from centralized exchanges very neat on moral money we can also goTo the explore coins option and choose a predetermined filter like top recently minted coins with experienced buyers and if one of the tokens seems interesting and you want to gamble on some click on it and on the right here we can instantly swap tokens in our wallet toThe new token directly on chain there are a ton of other interesting tools and tricks on the Morales money platform with many more to come so if you're interested in checking it out be sure to scroll down and use links below to sign up awesome if you would like to learnMore about Morales money and how it can help us potentially make life-changing gains in altcoins check out this video if you would like to watch a video guide about how crypto wallets seed phrases and private Keys work check out this video and to get your very own tangumWallet click on the link in the screen like And subscribe for more be safe out there

Maximize Crypto Profits: Essential Strategies! When investing in the volatile world of cryptocurrencies, understanding how to take profits is as critical as knowing when to invest. Here's a guide on how to take profits in crypto, designed to help you secure your gains and optimize your investment strategy. Some or all of our positions that have risen since our initial investment so when we buy cryptocurrencies and watch their values fluctuate over time anytime our positions are up or the value is higher than the amount of money we put in those numbers we see on the screenAre just fuzi fugazi fairy dust it's nothing but a number on a screen gains are not ours until we have either sold crypto for Fiat and completely transferred it off of The Exchange to our bank account or two sold crypto for a stable coin and completely transferredMaximize Crypto Profits: Essential Strategies!When investing in the volatile world of cryptocurrencies, understanding how to take profits is as critical as knowing when to invest. Here's a guide on how to take profits in crypto, designed to help you secure your gains and optimize your investment strategy. Which you can check out using the links below cool so how do we decide what to sell when to sell how much to sell when taking profits and what should we do with our profits simple we need to put a profit taking plan in place that dictates what crypto we sell when weSell it at what point and ultimately what we do with the profits most of us jump into crypto without a profit taking plan which is totally fine let's make one together hello I'm crypto Casey and in this video we are going to explore different profit taking strategies learnWhat the profit taking process entails with crypto warnings we should be mindful of when taking profits as well as helpful tips to make the process as simple as possible and make sure to stick around until the very end to learn about a neat way we can skip the sellingTransferring process alog together and access our crypto gains instantly if we need to Let's H it please be sure to check out our sponsors aani heat bit and tangum wallet get 100% protection against Sim swapping using aon's secure cellular Services which you can learn more about in this videoEasily mine Bitcoin for passive income with heat bit minis easy to use threein one Bitcoin mining rig which is also a space heater and air purifier and invest in your very own Cold Storage Hardware wallet like tangent wallet it's the size of a credit card multi-currency multi-chain and it's by far the easiestCrypto wallet to set up and use on the market maret right now and they just released their latest new wallet that is a sleek black design with cool new features so scroll down and use links below to access the correct and official sites as well as redeem any specialOffers they have for us sweet all crypto investors have or should have an extremely high tolerance for risk because we are dealing with extremely new spective technology in a new emerging digital asset class that is not been around a while with a lot of regulatory uncertainty and a lot ofThings could go wrong all crypto investors should never invest anything they absolutely cannot afford to lose and should always be mentally prepared to potentially lose all of their crypto Investments it's the cold hard truth about crypto and it has been since the beginning we are still super early so weNeed to be prepared for anything to happen over the next several months and years cool please note none of this is financial advice crypto is the Wild Wild West so keep that in mind throughout your crazy crypto journey and once we come to terms about the risks andRealities of investing in crypto there are two different investment and profit-taking strategies we can adopt short-term or long-term Physicians first let's talk about short-term investment strategies and corresponding profit taking plans a short-term strategy in crypto should be treated as like rolling the dice in a casino a straightup gambleThe potential Pros which very few people experience are potential fast profits the absolute cons are that it can be stressful there is a lot more time and work involved we will pay more transaction fees we will have have to pay capital gains tax on any profits weMay incur and we are taking on the risk of keeping money in crypto on an exchange which can have outages get hacked freeze funds or sometimes if there is a ton of volume orders we had set up for our short-term investment strategy get blown through and never getFilled so someone who wants to bet on price wings versus the long-term viability of a project meaning you just care more about the project increasing in price by 10% over an hour a day or a week not whether or not the project will survive over the next few years thenBefore buying that particular crypto make a plan by implementing one of these three strategies or by doing a combination of them the first strategy is the aim for the gain this is where we determine the gain we are aiming for or hoping for rather this means decidingThat we are going to sell everything once the value of our position goes up by a certain predetermined percentage like 5% 10% 50% Etc so for example let's just say we are interested in gambling $50 on Dogecoin and decide we are going to sell all of it once the value goes upBy 20% when our initial $50 goes to $60 the best way to implement this strategy is after buying Dogecoin on an exchange placing a limit order to automatically sell all of it if the value increases by 20% placing limit orders can be great because it takes a lot of the work andDecision- making out of the execution of your profit taking plan however the cons of using limit orders is is that you have to leave your funds on an exchange which is not ideal because they can go bankrupt get hacked freeze your funds have an outage or if there's a ton ofActivity your limit order could get blown through and not filled so if you are a beginner and would like to learn how to place limit orders and other Advanced trading techniques step by step I have a video guide on how to trade on both coinbase Advanced and Kraken ProWhich you can check out by clicking on the link above sweet the second strategy is the sales schedule this is where we create a a sell schedule that determines certain percentages of our Holdings we are going to sell at different price points as the price hopefully increasesOver time for example let's say we are going to buy $1,000 of a cryptocurrency that is currently worth $1 per token and we decide we are going to sell portions of our Holdings using the following sell schedule if the price increases from a doar to $150 we are going to sell 10% ofOur Holdings and if it increases to $2 we're going to sell 20% if it hits $2.50 we are going to sell another 20% if it hits $3 we sell 40% and with the remaining 10% we can decide to just write it out and see what happens orChoose a price point at which we would sell the rest and we can also use limit orders on exchanges to execute this strategy automatically for us nice the third strategy is called House money and it's very simple let's say we decide to buy $100 worth of a cryptocurrency andIf or hopefully when it doubles in value and our Holdings are worth $200 we take out our initial $100 investment and let the rest of the money ride out the house money that way if the price decreases we won't lose what we initially put in with the house money strategy it's stillImportant to have a price point or percentage increase in mind for continuing to take profit with the house money if the value of the crypto continues to rise which we could also use limit orders to do automatically amazing so those are three profit taking strategies we can use individually or inCombination with each other for example let's say we implement the house money strategy and if or when we take out our initial investment then we implement the sell schedule strategy on the house money still in the market simple enough right nice with short-term investment strategies since there is more exposureTo price volatility than long-term strategies we should also consider implementing the first two strategies to mitigate loss for example if we flip the aim for the gain strategy to limit for the loss strategy we can decide that if the price drops 40% or more we sell ourEntire position to limit our loss or if we flip the sell schedule strategy we can decide to sell 10% of our Holdings if the price drops 20% and then sell 30% of our Holdings if the price drops 40% and so on either way with short-term gambling we have the potential to makeProfits fast however we are taking on a lot more risk and more often than not short-term Traders get burned so next let's talk about long-term investment strategies in corresponding profit taking plans when we buy to hold for the long term we are talking about planning to hold for at least an entire yearIdeally we are planning for a 2 to 5e time frame so it allows us to at least catch one Bitcoin having cycle which is coming up around April or May of 2024 and if you don't know what it is check out this beginner's guide by clicking onThe link above cool a couple things to watch out for as a long-term investor is getting too attached to our investments and never wanting to sell and therefore never locking in potential life-changing gains and never allowing it to enrich our lives and in our family's lives andSo an important part of profit taking plans for long-term investors is before jumping in deciding what you want to use potential life-changing gains on whether that be paying off debt buying a new car buying a house diversifying into other types of Investments like real estate stocks bombs Golds or similar and if youHaven't yet check out my video guide about the importance of taking profits in crypto and getting excited about converting our gains to enrich our lives by clicking on the link above in it some of you shared what you used your gain from the last few bull cycles on so itWill give you some great ideas sweet so once we figure out how we want potential life-changing gains to change our lives next we need to implement a strategy to DCA or dollar cost average out of the market over time for example let's say we have been accumulating Bitcoin overThe past few years some Bitcoin at $1,000 per Bitcoin some at 10,000 some at 30,000 and even some at the top around 60,000 all with the plan of holding for several more years so when there are big price swings upwards we need to get comfortable with the idea ofTaking profit to use on one of our predetermined goals like buying house or whatever using it for anything else you may need to buy or similar or allocating it to another investment category like art starting a business or similar to keep our investment portfolios Diversified and balanced a tool I'veBeen using for the past few years to identify long-term trends like when we flip from bearish Trends to bullish Trends or vice versa is called the money line formerly known as the BSI or Bitcoin strength index indicator this tool is available at Morales money which is a platform with a growing number ofTools to help us prepare for and take full advantage of any potential opportunities available in the altcoin trading Space by helping us find altcoins before they pump which you can learn more about in this step-by-step video guide by clicking on the link above emiral money has many otherHelpful tools like these crypto bubble charts to help us quickly see which alt coins are up versus down during different time frames and as I mentioned it gives us access to the the money line tool which we can try out for just $14 for 7 Days using the links below ifYou'd like to learn more about how the money line works and how it's performed historically with predicting market trends you can check out this video guide by clicking on the link above amazing so with a long-term investment strategy we can also implement the aim for the gain in the sell scheduleStrategies which would be the same as when we use them for short-term investing it's just over a longer time period however I do not recommend ever leaving any amount of crypto you would be upset about losing on an exchange for an extended period of time so any cryptoYou are accumulating over the long term make sure you are transferring it off of exchanges to hold securely on Cold Storage Hardware wallets like tangent wallet Ledger devices treasure devices BC vaults Etc and you can check them all out using the links below sweet so youCan see how a long-term position is less work less mentally taxing and at the end of the day how most crypto investors have realized financial success in a relatively shorter period of time other types of Investments typically take a lot longer to reap potential benefitsWhile in crypto since it's so new and we are still so early price swings can be wild and produce a ton of profit for people in shorter periods of time at the end of the day the only person that can decide what profit taking strategy isBest for you is you we are all different ages and different stages of Life some of us just need to look out for ourselves while others have kids family and people that financially rely on them some of us have more responsibilities all of us have different risk tolerancesDifferent levels of technical SK skills different amounts of money required to maintain certain Lifestyles so we need to sit down and decide ideally before jumping into crypto at what price points we are going to take profits during our crazy crypto Journeys together brilliant next let's go over five things we shouldBe mindful of with the profit taking process regardless of what strategies we Implement and why it is so important to practice transactions before to prepare one transaction fees every time we move our crypto around it costs a transaction action fee so when we transfer our crypto to and from our Hardware walletsTo and from exchanges to and from each other to and from anywhere we will have to pay a fee from our wallet or from our account and on crypto exchanges when we buy crypto sell crypto exchange crypto or convert it those will also cost us some fees so when deciding on a profitTaking strategy that works for you make sure you take transaction fees into consideration especially if you are investing with smaller amounts of money because we don't have our profits until we either one get the Fiat on our bank account or two get the stable coin to our own crypto wallet selling the cryptoAnd transferring it off of an exchange will cost us transaction fees another thing to be mindful of is if you have an erc20 token like Unis swap on your wallet and you want to send it to The Exchange to sell you will need to pay the transaction fees in ether whichMeans you will need some ether in your wallet to pay to move it so make sure you are familiar with any cryptocurrencies you have and which network they are on so you have the right currencies to pay transaction fees to move them around and take profits each Network and each wallet alsoSynchronizes with their particular blockchain Network at different speeds with different confirmation requirements so in addition to fees there may be some wait time we need to build into the profit taking process as well two Banks when dealing with crypto especially large amounts our traditional banks sometimes freeze our withdrawalsDeposits and entire accounts for suspicious activity so it's important as a crypto investor to one have multiple accounts with multiple Banks so we have several op when the markets are hot and two call and let your bank know ahead of time when you plan on both taking profits andMaking big money Moves In general so the process goes more smoothly nice three stable coins it's important to keep in mind that stable coins like usdc and usdt are not completely decentralized meaning there is a central Authority controlling the network that can choose to freeze your funds if law enforcementGets involved or for any other reason they may deem necessary so if you're trying to avoid taking profits in Fiat with a bank for more control over your profits just be aware of these facts when making your profit taking strategy die is a decentralized stable coin option meaning there is no CentralAuthority controlling it and we can check to make sure that it over collateralized on the blockchain however there is some technological risk in that it's still extremely new technology and could potentially lose its Peg to the dollar suffer from glitches hacks or similar four exchanges when takingProfit is especially in hot markets with a ton of activity exchanges will be your main issue they experience outages there are sometimes big lags in time before your account is credited or when the money is transferred to your bank exchanges can suspend withdrawals for certain cryptocurrencies due to networkCongestion they can freeze funds and sometimes depending on the exchange it can take more confirmations for certain cryptocurrencies than others to clear your account so as crypto investors is extremely important to have many accounts with many different reputable exchanges as possible and get their highest level of verifications so weHave as many options as possible when implementing our profit taking strategies so scroll down and use links below to access the correct and official sites of all of my recommended exchanges sweet five Regulators sometimes Regulators go after certain crypto projects which forces exchanges to deist them we have seen this with ripple andOther tokens over time so it's important to keep in mind that when implementing a profit taking strategy because if our cryptocurrencies are targeted by Reg ators and exchanges start delisting them we won't have many options to sell when we were planning to if our cryptos are targeted it's best to either choose toSell it quickly altogether or if you want to take the risk make sure you know that you may be very limited in your options to sell when the time comes great thanks for sticking around to the very end as a bonus here's a neat way we can access our gains instantly if weNeed to without selling transferring and waiting for funds to clear our bank accounts by using crypto debit cards with crypto debit cards we can choose to spend our crypto instantly by turning them into everyday purchases coinbase has a Visa debit card that allows us to spend our cash or crypto all whileEarning crypto on purchases and crypto.com also has a Visa prepaid card that allows us to spend cash or crypto all about earning crypto in the process tangent wallet is also working on tangent pay which will be the first ever Hardware wallet certified for direct payments in the Visa Network so it willBe the first ever self- custodial payment card with Cold Storage that can be used at over 95 million Visa terminals around the world at the time of this video the tangum Visa card is still in development and when it's ready we'll provide a non-custodial solution for combining crypto saving with theAbility to make Fiat payments via Visa point of sale terminals in the meantime tangum has released their latest wallet with this nice sleek black design that works the same as their classic wallet except now we have the option to generate a seed phrase or import one from another wallet if we want tangumMobile Wallet app has its 5.0 software update right around the corner which will feature a dark mode the option to automatically or manually organize our crypto Holdings the capability of hiding our balances from the main screen 24-hour crypto price change history transaction histories for specific networks like Bitcoin versus ethereumRapid access options from the home screen and an overall comprehensive redesign of the app making it cleaner and more user friendly so scroll down and use links below to access the correct and official sites any cards that interest you and redeem any special offers they have for us awesome if youWould like to explore the growing Morales money platform and how it can help us potentially make more profits this next poll cycle check out this video if you would like to learn how to use tangent wallet and transfer crypto off of exchanges to our own Cold StorageHarder wallet check out this video and to get your very own tangent wallet click on the link on the screen like And subscribe for more be safe out there

Tangem ▻ https://bit.ly/Tangem-x2 Easiest hardware wallet, size of a bank card!! ✔️ Simply tap the card to your phone and ...

Tangem ▻ https://bit.ly/Tangem-x2 Easiest hardware wallet, size of a bank card!! ✔️ Simply tap the card to your phone and ...