I have a question if there is a good way of maintaining some liquidity.
Being new to crypto, when i started off i took my fiat I had set aside to invest, waited for a dip and bought some coin with all of it.
After a few weeks the market dipped again, this time I had some extra fiat lying around, so invested half of it and waited to see if the market will dip again, and so it did I invested everything i had left.
Now the market dipped significantly, I’m not worried about being in the red, I’m happy to hodl and will patiently wait for my time. However my regret is that when I had significant leverage with fiat, i jumped in a little early into the game.
Is a there a strategy or philosophy that you all follow to tackle situations like this?
I’m thinking from next time on, I will invest 50% and have 50% as fiat, so as the market dips 15% or more i can keep buying in chunks, and eventually when it goes up, i can sell back in increments to retain my 50%
I guess this is kind of margin trading, but without borrowing money. I’m new to this, and tried to explain as best as I can. Excuse my non-technical language, your thoughts and responses are appreciated.