How can small funds double or even grow on-chain?
First, let's exclude cases where you grab the inner market in 0.1-0.5 seconds and directly take off; that's basically winning the lottery. What I mean by small funds growing is starting from 3s-5s, around 850U, with a certain margin for error. Most people can still gather this starting capital by earning a bit on Binance or saving some salary.
The first step is to directly invest in strong leading coins with high certainty, such as the recent $Starting Coin. The entire platform is about Web2 celebrities issuing coins, essentially coming to Web3 to reap profits; playing with other coins is hard to earn and unstable. The only good news is the main coin $issuing coins. I directly targeted Boop at 0.06 (Boop could rise to 0.3), and the logic of the space is clear, so I decisively went all in. After that, I experienced two waves of main upward trends from 0.06→0.12 and 0.15→0.24.
The second category is to capitalize on strong rebound coins that have severely declined. I have also participated in recent coins like $HOUSE, $GORK, $MOONPIG, with each trade having over 30% gains. These coins were previously strong but were recently hammered down by large red candles. I entered at key support levels, combined with order book analysis and buy-back flows, judging that the market makers would control the market and would definitely pull off a second wave. Timing is very important in this type of operation; it’s better to buy a bit later than to guess the bottom early, and you must set a stop-loss line to manage drawdowns.
The third category is to allocate 10% of your position to participate in new coins. The key is to enter in batches and not go all in at once. Focus on emotions and trends, like with $GLONK where I participated at 7m, and it soared to 16m. I increased my position midway and got my capital back, not worried about profit drawdowns. Continue rolling operations, waiting for the next opportunity, like coins with a similar style to $GORK.
On-chain is a PVP market, where timelines and execution are extremely critical. Only by being fiercer than others will opportunities come to you. There’s no right or wrong method; what suits you is most important. Steadily progressing from 3s to 30s is not a dream. The goal is clear: make enough to reach 30 million and exit gracefully.