Recent posts have shown frequent victories in hunting down the pump and dump operators! Heavy positions in BCH and YFI have already generated significant floating profits.
The trading system treats value coins and junk coins differently. Junk coins have no growth potential and the positions opened are short-term; generally, positions are opened based on technical golden cross pullback double confirmations. If there are floating losses, it indicates that the pump and dump operators are creating false patterns, especially in junk coins.
The win rate for opening positions after a golden cross pullback double confirmation is over 90%. If there are no floating profits, it indicates that the pump and dump operator has no money to drive the market; for value coins, you can use the pyramid method to increase your holdings. When the value coin shows a golden cross pullback on the monthly and weekly charts, especially when there is a volume golden cross, you shouldn't let go; this is a big fish! Open 2 layers for the initial position on the golden cross pullback, add 3 to 5 layers during an 8% pullback, and the maximum pullback during the golden cross should not exceed 10%. If you feel you can't hold on! Your leverage must exceed 10 to 20 times. If the leverage is too high, even if the direction is correct, you will not be able to hold the position.
Are you still opening positions randomly and giving money to the pump and dump operators?
Good systems thrive in large areas! Hunting down operators and making profits is all about the power of large areas!
