Dear Copytraders,
I know you must be feeling frustrated and confused right now, just like I am. We were all expecting a bull run, but it turned out to be nothing more than an illusion. TOTAL3 was on the verge of breaking resistance, ready to launch, yet at the same time, new data and a speech released from Trump, and everything went up in smoke.
Looking at WIF and PEPE, their charts don’t look promising for our strategy, there are too many risks to justify putting all our money there. That’s why I’ve decided to start over from the bottom. Yes, there’s always a chance that one or both of them could skyrocket, and we might miss out, but that’s just how crypto works. This is exactly why I prefer automated trading; it removes the emotional element and spares us the stress of every market move.
Last month, I recalculated all funds into a selection of coins with strong potential and solid fundamentals. I still believe in our strategy and its ability to consistently generate a 1% daily return, as long as money management is handled properly and we don’t get stuck. The most important thing is to keep the bots running and make steady profits every day. To ensure this, I’ve made several changes to the code to prevent disruptions. I truly hope this time we will succeed.
Money management has been the biggest challenge all along. Allocating the right amount per bot, especially during black swan events, is incredibly difficult.
I don’t believe just holding a few coins and waiting for them to go up is the best approach. There’s always a chance they never recover. On the other hand, by continuously trading, we create more opportunities. Plus, it simply feels better to see small, consistent profits every day rather than watching a portfolio sit in deep drawdown, hoping for a reversal.
I know you may be concerned because our statistics are down, but so is the entire market. At this point, you have a choice. Either continue copy trading or switch to buy-and-hold. Do whatever makes you feel most comfortable and secure.
Let’s stay focused and move forward.