DASH Thirds Rule Strategy
Are you holding a bag of DASH?
If you answered YES and reading this post, please be patient as I try to explain and NOT try to come off spreading FUD (Fear Uncertainty Doubt).
If you answered NO and wanting to buy DASH at this new all time high level...
"thirds rule strategy"
BUY in THIRDS and NOT ALL AT ONCE!
THESE FIGURES, NUMBERS, AND DOLLAR AMOUNTS are just examples to illustrate strategy. Please adjust your own actual figures, numbers, and dollar amounts to your specific totals.
So for example:
If you have 3 BTC and let's just say $1000 for each bitcoin which comes out to be a total of $3000.
You can buy a 1/3rd of DASH at current level $100 (10 DASH) which equals $1000 or 1 BTC.
You can now set a buy order for a 1/3rd of DASH at a lower level: for example $75 (13.33 DASH) which equals $1000 or 1 BTC.
You can finally set a buy order for 1/3rd of DASH at an even lower level: for example $50 (20 DASH) which equals $1000 or 1 BTC.
This completes the BUY in THIRDS.
Now that you have all that done!
Let's start the SELL in THIRDS.
You should have 10 DASH that you paid at current level of $100 for a total of $1000.
Using "thirds rule strategy" and dividing 10 DASH by 3 you will have 3.33 DASH.
3.33 DASH can set to sell order at let's say $130 since you originally paid $100 each.
3.33 DASH can set to sell order at let's say $160 since you originally paid $100 each.
3.33 DASH can set to sell order at let's say $190 since you originally paid $100 each.
Now you can adjust your own amounts if you like, I just made it somewhat easy to comprehend for newcomers.
The purpose of this allows you to be covered on both ends...UP and DOWN...
So if the price of DASH goes UP!
You WIN!
So if the price of DASH goes DOWN!
You WIN!
Does NOT matter...
You simply Rinse and Repeat.
Buy in Thirds
Sell in Thirds
"thirds rule strategy" is like a measurement
Now for the people who are holding a bag of DASH already. Thank you for your patience and allow me to start.
Same concept.
Take your total bag and divide it up by 3.
You may now SELL your first 1/3rd bag at current level $100, that way you should of GUARANTEED a profit selling at the current ALL TIME HIGH. You can simply do what I described above and REBUY back that amount of DASH you sold at $100, but at lower levels. (for example $75 $50 $25)
Any left over balance you simply can withdraw and SAVE IT, SPEND IT, or REINVEST IT.
It's your GUARANTEED profit so TAKE IT and don't be TOO greedy.
Now you may began to SELL your second 1/3rd bag at a higher level sell orders. (for example $130 $160 $190)
That way if the price goes UP or DOWN, you WIN! Does NOT matter...
What about your last 1/3rd bag???
Well...I should not have to tell you to store it in safe place for MOON traveling. (I don't mind being stuck with my last third bag, because you NEVER know.)
If you don't catch my drift, just let me know in the comments below or if you have any further questions or concerns.
Please use "thirds rule strategy" RESPONSIBLY.
Thank you for your time.
Frank III
More "thirds rule strategy"
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/ethereum-eth-thirds-rule-strategy
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/bitcoin-btc-thirds-rule-strategy
https://steemit.com/life/@cassidyandfranks/are-you-the-1-or-how-to-become-the-1
http://coinmarketcap.com/currencies/dash
2017-03-22
Dash (DASH)
$95.65 (-6.76%)
0.08662060 BTC (-8.50%)
Rank 3
Market Cap
$686,675,329
621,859 BTC
Volume (24h)
$35,993,500
32,596 BTC
Circulating Supply
7,179,117 DASH
If you find my strategy informative, feel free and donate: Thank me later... Cheer's
Using your wallet, send any amount of DASH to this address:
XxGjuKvUEkBXmwFFvqBZUTbAxo3EBrmn9w
And we'll convert it to STEEMPOWER and send it to the receive address you gave us above.
You can deposit any amount up to the suggested deposit limit, and you can use this address as many times as you like. Each time, we will convert the amount at the current conversion rate at the time the transaction is fully confirmed on the Dash network.
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/post-it-notes-thirds-rule-strategy-selling-ethereum-eth-sold
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/post-it-notes-thirds-rule-strategy-selling-bitcoin-btc-sold
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/post-it-notes-thirds-rule-strategy-bitcoin-ethereum-steem
https://steemit.com/investing/@cassidyandfranks/investing-thirds-rule-strategy
https://steemit.com/bitcoin/@cassidyandfranks/bitcoins-thirds-rule
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/bitcoin-btc-thirds-rule-strategy
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/ethereum-eth-thirds-rule-strategy
https://steemit.com/thirdsrulestrategy/@cassidyandfranks/thirds-rule-strategy-steem
I really like this strategy and you've made it simple to follow and understand .... I been watching a lot of charting videos the last couple of months but this is simple and I mean you're right, secure from all ends.... and with the word secure I obviously mean it very loosely defined lol.
I try to do something like this with random alt coins that I think may pump that I have been investing in, but I didn't follow the 3 strategy I just would watch the market and when it went up I would try and get out my initial investment keeping as many left over for low to no cost .... I did this with ripple for example and had 0 cost .... I only am holding like 500 or something but still if it ever does go up to dollars I'll be happy about that. Your approach is a lot more process oriented, I like the idea of 3s.... I may have some questions for you though that aren't immediately coming to me lol .... great great post though thank you !
Perfect timing @ladram
I plan on hosting my free training class and you are more than Welcome to join. I am ready and changed my Logo and Franks Wednesdays Training. Very Excited for ALL to see. Just Reply back when you have 30 mins or so... (paper and pen(cil) and calculator makes it easier) Grab a drink or coffee and let's began!
I'm on my last 1/3 of Dash now (the moon 1/3). I bought at $7, sold 1/3 at $40, sold 1/3 at $80... but I didn't have the guts to sell my last third at $120... total moon FOMO! Obviously right now I wish I hadn't sold any thirds lol... but maybe that's me being greedy. I guess this means that I shouldn't buy more dash until it goes down to $40 ? (if it ever does hit $40 again) Still new to the game!
Ok now...
You are in the position to rebuy the AMOUNT of DASH you SOLD. You don't have to give out numbers, just try to get that AMOUNT of DASH back in THIRDS. So for example if you sold 10 DASH at $40 and sold 10 DASH at $80. That's only 20 DASH you are trying to get BACK! The rest is GUARANTEED PROFIT (cash out) Buying back 20 DASH is going to be MUCH easier even at around $50-$70 levels. Remember...You still have last 1/3rd bag and still in the game for MOON traveling. ;)
based on this analysis, how are you going to win if the price goes down?
You buy at $100 the price goes down.
You are only buying a 1/3rd of DASH at $100. You should have another buy order set for a 1/3rd of DASH at $75 and last buy order set for a 1/3rd of DASH at $50
That is why you do NOT go ahead and buy all at once!
Buy in Thirds
Sell in Thirds
Does NOT matter if Price goes UP or DOWN.
You WIN!!!
"thirds rule strategy"
Thank me later... Cheer's
Aren't you glad that no matter if DASH goes up or down...
You WIN!
How did those "thirds rule strategy" work out for you Dan?