Fight your way out
I am gonna teach you an easy way to get out of the red bags without much spending…
When do we call a red bag? For me it starts from -12% so I’ll take this as example.
|Original value||%||Current Value|
|First position||100 euro||-12%||88 euro|
What we are going to do is we are going to wait till the bot buys another position of the bagcoin.
|Second position||100 euro||0%||100 euro|
Now we are going to split the first position
|First positon||50 euro||-12%||44 euro|
|First position||50 euro||-12%||44 euro|
Now we are going to merge on of the first (splitted) position together with the second position
|New positions||150 euro||-4%||144 euro|
|Second half of first position||50 euro||-12%||35 euro|
Repeat this way for the second half as well and you will be out off the red bags in no time…
Real example, on 06-04 I bought a position of STRAX, after 10 days it was at -12%.
(Date 16-04) My hopper just bought a new one.
Now we are going to merge the smallest and highest value:
Now the new position is -4%, after a drop of 12% (bought the new position after the first position dropped by 12%) After such a drop we can expect a small pump again, this is where we take advantage.
To make sure we get a sell, we are going to lower the standard ARM TSL and TSL of 1,7 – 0,5 to 1,2 – 0,2
Results after 1 day, as you can see on the top I merged at 16-04… sold with profit on 17-04 almost at the highest point from the small (rebount) pump.