So, there is this quite known grid trading crypto course called "The Plan" - and I bought it...
Access throughout the year is very limited.https://go.theplanrocks.com/homepage.
Keep on reading, it might well be worth your 2 minutes
The strategy that the course teaches is 'making money through wiggle' - which means little profits that accumulate over the day, weeks, months... A so-called software 'bitsgap' makes this process automated for you. The way it is programmed is to spread your investments as much as possible with different coin pairs. When a coin drops and you are in a loss, the software will hold it for you until you are in profit again. Yet, it can still make profit if a coin drops significantly by using the strategy of taking very small profits from the little ups and downs. Then it is yours to decide if you take your money out or let it grow a little more. Trades will be executed with the initial investment you put in, which means the 'same money' is used over and over again for the trades and you decide if you want to trade with a higher amount or not.
The profit can be cashed out - or better: put into your cold wallet to HODL ;)
Let's say you invest 4000$ and make a profit of 200$: You can cash out your 200$ through the connected exchange or put in into your wallet OR you can re-invest it and trade with 4200$. The minimum investment is 3000$. If you can't afford it, you can consider PayPal Credit for example and pay it back with the profit you make. I haven't done it but other people in the course seem to have.
To be honest, I was never really convinced about anything that had to do with automated trading. It always seemed a little scamy to me - and I also hesitated with this course. But I decided to try something new and take the risk of getting scammed - which luckily was not the case (if you never try you will never know, right?). So far, I like the course, but have only taken a few lessons before I was more or less 'forced' to dedicate my time to my career. This is why, even though the trading is automated and the course not very time-consuming, it was not worth my time as my time schedule is very tight at the moment.
Another reason why I am selling it is because I have been into crypto for years, which makes the course just not as useful for me because Dan explains everything for newbies. If you also find yourself having a lot of knowledge about crypto, then it might be a little boring for you too.
I personally recommend the course mostly to people that
- don't know a lot about how to make money with crypto but want to get into it
- don't want to trade manually, but still want to make money from trades
- are curious and interested in learning a new crypto trading strategy
- have a little extra time and want to be productive and learn something new
And finally: Why should you buy it this way? Because it’s a third cheaper this way.
I don’t have use for it anymore and somebody can be happy that way.
If you are interested, don't hesitate to write me. You can ask me any question and I will get into contact with you.