Crytononame
Regular Member
- Oct 24, 2024
- 352
- 176
Bitcoin's down over 16% from its recent ATH, dragging the whole crypto market with it. If a crypto winter hits, we could see BTC drop by 80% or more.

I sold off my entire crypto portfolio before the crash and now I'm working on a strategy to profit from this downturn. The core idea is to short Ethereum against a basket of altcoins selected based on a simple principle:
Buy an asset when it enters the top 30, 50, or 100 rankings.
These rankings act like unofficial crypto market indices, similar to how stock market indices work. This simple top-tier asset selection method has been effective since the late 19th century (think Dow Jones).

The image shows my strategy gained 7% while BTC dropped 10% in the first 4 days. I've traded 4 assets so far, closing two with profit because they dropped out of the rankings. I rebalance the portfolio daily. Weekly updates to follow.

I sold off my entire crypto portfolio before the crash and now I'm working on a strategy to profit from this downturn. The core idea is to short Ethereum against a basket of altcoins selected based on a simple principle:
Buy an asset when it enters the top 30, 50, or 100 rankings.
These rankings act like unofficial crypto market indices, similar to how stock market indices work. This simple top-tier asset selection method has been effective since the late 19th century (think Dow Jones).

The image shows my strategy gained 7% while BTC dropped 10% in the first 4 days. I've traded 4 assets so far, closing two with profit because they dropped out of the rankings. I rebalance the portfolio daily. Weekly updates to follow.