Introduction:

Bitcoin has shown resilience by quickly recovering from a recent dip to $38,000 and maintaining stability in the $42,000 to $44,000 range. As we approach the Bitcoin halving in approximately 75 days, the market is searching for direction. Historical patterns indicate that Bitcoin’s price tends to drop during this period, often retesting the support established in the previous cycle’s first stage. While a potential pullback to as low as $28,000 is possible, past trends suggest it may only drop to $36,000.

Building Altcoin Positions:

With the halving approaching and phase 3 of the Bitcoin cycle on the horizon, it is crucial to consider altcoins to maximize gains. Utilizing the BTC dominance chart and the TDI indicator, we can identify the optimal timing for entering the altcoin market. (For more information on these indicators, refer to my previous post.) During phase 3, altcoins tend to experience significant growth compared to Bitcoin, providing opportunities to increase our BTC holdings.

A Strategic Approach:

To avoid repeating past mistakes influenced by emotions such as fear or greed, I would like to share my method for ensuring good entries and exits in crypto investments. This approach serves as a safeguard against impulsive decision-making during critical moments.

Access the Google Sheet: View Layer In – Layer Out Sheet
Open the document and click on File > Make a copy to create an editable version for your personal use.

Define Entry and Exit Points:

The “Buy layer I” column represents the maximum price you are willing to pay for any coin. The next two layers indicate prices at which you plan to add capital should the coin’s price drop. The “Sell” columns determine the levels at which you want to take profits.

Stick to Your Strategy:

By adhering to the guidelines outlined in the sheet, you remove emotions from your investment decisions. Additionally, the final “sell” column signals that it is time to exit your position when Bitcoin reaches its peak based on the TDI indicator introduced in my previous post. It is essential to conduct thorough research on the coins you’re interested in and create your own layer-in, layer-out strategy.

Conclusion:

Developing a comprehensive approach to investing in cryptocurrencies provides a framework for maximizing gains while reducing emotion-driven decision-making. As we navigate the Bitcoin halving and enter phase 3 of the cycle, allocating positions to altcoins could prove beneficial. Utilize the provided tools, conduct diligent research, and create a strategy that aligns with your investment goals.

Links & Tutorials

Bitcoin Education Resources
Hope.com – Learn more about Bitcoin and how to use BTC to protect your wealth
The Bitcoin Standard – Book by Saifedean Ammous – a must-read!
The Bitcoin Way – Go bankless! Bitcoin education and services to help you custody your Bitcoin safely and securely.
Freedom People Resources
People Pay – Accept Bitcoin payments for your business
Chainrecorder – Prove ownership immutably by recording your documents on the Bitcoin blockchain
U.S. Regulated Exchanges (Fiat Onramps)
Coinbase – Using Coinbase Advance Video
Kraken – Using Kraken Pro Video
Gemini – Tutorial Video
Bitstamp – Tutorial Videos
KYC Credentials Outside the U.S. 
Palau ID – Foreign residence to pass KYC on foreign exchanges.
KYC Exchanges that Accept Palau ID (Must Use VPN – Costa Rica, Columbia, Mexico, Panama)
Kucoin – Video
Bitget – Video
Binance – Video
No KYC Exchanges (Must Use VPN – Costa Rica, Columbia, Mexico, Panama)
Phemex
MexC
Levex
Zoomex
DEXs (Decentralized Exchanges) – Best Wallet To Use
Jupiter  – Solana Ecosystem – Phantom Wallet
Thorswap – Swap native assets cross-chain (BTC for ETH etc..) and a very unique decentralized Bitcoin lending platform. Works best with the XDefi Browser Wallet. It is a very unique decentralized Bitcoin lending platform. Thorswap Overview Video  Loans On Thorswap Video
Osmosis – Cosmos Ecosystem – Metamask
Spooky Swap -Fantom – Metamask
Trader Joe – Avalanche Ecosystem – Metamask
Crypto Market and Portfolio Tracking
CoinGecko for portfolio tracking and up-to-date prices
CoinMarketCap – Crypto Prices
Banter Bubbles – Crypto Prices – Social Sentiment

Storage – Not your keys, Not your crypto!
Cold Storage Wallets (Secure Long-Term Storage of Your Crypto)
N’Grave – Videos
Trezor – Video
Tangem – Video
Ledger – Video
Cold Card (Bitcoin Only) – Video

Hot Wallets (Lower Security – interact with DAPPS and Smart Contracts)
Trust – Video1 Video 2
Coinbase – Video
Metamask – Video
XDefi Browser Wallet – Video1 Video 2
Phantom– Video
Exodus – Videos

Warning-If you have a wallet and an NFT has been sent to your wallet that you did not mint or purchase.. NEVER click on it. Many have malicious code that can drain your wallet! – BE CAREFUL

Be greedy when others are fearful and be fearful when others are greedy -Warren Buffet

Stay Free!

Kury