Everyone remembers the Bitcoin Crash of 2017, right after it 20X'ed in price within the year. Since then, it has fallen 83% and chances are, this will happen again! This investment plan isn't for everyone, but if you are a strong believer in cryptocurrencies like I am, you'll love it.
Recently, I have found out that I have been so ignorant with my investing style. I used to think all about profits, which is not a bad thing. I just have not focused on CASHFLOW. Not income investing, I care about CASHFLOW. As your "gurus" would call it, "Passive Income". This investing plan is a combination betweeen looking for profits and for Cashflow.
Here it is:
I used to buy at least 0.01 of Bitcoin or 1% of a Bitcoin anytime I get paid, and if it's too little, invest 10% of you income. In today's value, 0.01 Bitcoin, would be worth about $75.
Buy Bitcoin like the way above only when it's in a bull market (has gone up and has not fallen more than 20% in price). You can buy Bitcoin with Coinbase
When Bitcoin has fallen more than 20% in price (a recession), I buy mining contracts, instead of buying Bitcoin. This way, you are not carrying any losses, you get to have CASHFLOW, and the less profitable it is for miners, the more profitable (IT CAN BE) for you. You can buy mining contracts with Genesis Mining, I suggest only using that place because it is regulated by the SEC. (for a 3% discount, use my code: ctO9mx)
Preferably, don't buy SHA-26 contracts, simply because they will lose half their worth when Bitcoin will go through a halving.
When Bitcoin enters a bull market (is up 20% from recession low), you will buy Bitcoin.
When Bitcoin enters a reccession, you buy Mining contracts.
When Bitcoin exits a bull market and enters a recession, sell 40-60% of your Bitcoin to buy mining contracts.
When Bitcoin exits a recession and enters a bull market, hold all your Bitcoins you received from mining until Bitcoin enters a recession.
It's all a cycle.
This way, you are investing in cashflow and swing trading your Bitcoins. This is the safest way in my opinion to invest. This will decrease your risk MASSIVELY.
I just now started doing this. If you like it, please share with others and implement it.
DISCLAIMER: I am not a financial professional and this is written for entertainment purposes.