In the struggle of studying crypto and understanding which approach should I use for spot trading for gains. Have tried the following strategies;
1.I chose to be disciplined and increase on my patience levels, tokens kept dipping month in month out.Got tired of waiting and ended up selling at huge losses😥
2.NOT chasing pumps, I decided to buy the correction after retracement, they never went back/rose🤨
3.Decided to target early pumps, coins that are just starting to pump or rise, the minute I make my entry, that's the end of just an early rise and dip for days. 😕
4. I understood that tokens rise in cycles or groups like fan, Defi, Gaming or tokens marked with a monitoring tag, so whenever I could see one that has pumped, I immediately look through the cycle and buy immediately, Guess what happened!? those that I didn't buy are the ones that rose and pumped even.
5.Finally on newly listed tokens, I decided to start small and keep on buying as they dip so that once they rise, I take advantage 👍👏💪 many of them stopped from my first small buy and rose to not dipping.
6.Maybe I should start with a big buy this time, guess what happened, immediately after it's buy, the token kept on dipping and never rose back leading me to losses. 😌
7.Decided to wait for a second candle to buy just like Pnut, Act and other newly listed tokens, I always counted the time very well and bought immediately just like today for Verodrome, none went up for sure😏
8.When I decided to always sell early to lock profits and avoid losses, they kept on pumping, I decided to always wait for the 4hrs to elapt, they always dipped leaving me in regret, wish I sold when I had profits.
🎤.Am still looking for a better strategy, please share with me your strategy, together let's make money 🤑💸💵💴💶💰💳
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