Get Started In Crypto In Full Beginners Guide Part 04

you also have ethereum shortly after Bitcoin over there and that means that ultimately these are your strong Blue Chip coins which are unlikely to sell off 99% in a major dump so if you scroll all the way down to the bottom you'll see I'm at coin 2445 and this one's market cap is only half a million what does that mean well simply that means that if one player comes in and puts another $500,000 into this position over here you would have doubled this coin's market cap now that means that this coin

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can go absolutely parabolic if a lot of money is flowing into the market but the inverse is also true if these players start to dump these coins you only need somebody with $100,000 worth of these coins to start to sell the position and this coin can easily go down 99% from here so what does that mean it means you want to control how much money you're putting into different coins you want to go in with the frame of mind understand that if you see a coin being promoted by somebody on YouTube or on Twitter or on

Instagram you can go through to this platform over here you can do your research and you can have a look if the coin is under a $1 million market cap well that is extremely extremely low we consider that as a micro cap typically your safer plays are going to be the coins that are $1 billion or higher so how should you be structuring your portfolio well this really depends on you as a person and your risk profile everybody is different we're all different ages and we have different backgrounds different responsibilities

in life so it's completely dependent on you typically those who want to play it safe within crypto well you probably want to stick with the majority of your portfolio most notably 80 to 90% of your portfolio allocated into these coins that are in the top 10 right the top 10 by market cap so it already arranges it for you in order these are the least likely coins to go down 99% in the event of a major selloff in a strong bull market when you do have a major pullback these coins typically go down in the region of 20 to 40% now if you're

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somebody that's seeking a lot more risk and ultimately you're playing with money that you can afford to lose and you don't mind losing well you might want to be going further down this list and looking all the way towards those super low market cap coins those that are operating under1 million and you might want to allocate maybe 30 40% towards this and 60% towards the top 10 coins before we get into the final point which is my easyto use strategy which will show you when to buy and when to sell these cryptos I do want to

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remind you to join whal school which is my completely free course it's valued at $2,000 and you can see many of our members have absolutely been crushing it if you look at the results over here uh they've been making massive amounts of profit and and lives have been changed from this course so it's yours for completely free all you need to do is click on the link in the description below and sign up whilst there are still available spots so now let's get into the strategy the first thing that you're

going to need to do is get a trading view account so once you type in trading view into your browser you'll come through to a screen that looks like this uh they are currently running a special so what you're going to do next is you're going to look at the search function over here you're going to type into the search section go from people and move it over to symbols then you're going to see a whole lot of different options now type in the ticker which is BTC for Bitcoin and then we have USD you