$ETH Can you escape this bull market unscathed?
"Standing firm" means rebounding after a breakout to confirm support.
The market is volatile, and misjudgments are common, but right or wrong is unimportant.
What you should truly focus on is making money no matter how the market moves.
Speculation is like a dream, but don't be reluctant to wake up.
With every downturn, too many people's paper wealth multiplies dozens of times only to return to zero, like a fleeting dream, a moon in the water, a flower in the mirror.
Speculators must clearly understand the situation and dare to go against the crowd. Furthermore, when the myth of wealth creation is overwhelming and desires are inflated to the extreme, they must let go of everything and quietly exit.
Every step is a single-plank bridge; one misstep can lead to eternal damnation.
If you have never experienced your dream being within reach, only to have it suddenly crumble;
May you move forward steadily and never fall. If you've experienced it, it's fate, and it's the inevitable path for great speculators.
May you have the courage to step onto the single-plank bridge again and reach the other side. The feast is coming!
Buy low, sell high—the essence of speculation. It's easy to say, but incredibly difficult to do.
My main theme is: Riding the trend, exiting before the frenzy.
Choosing the right sector is key to capitalizing on the trend.
This time, I'm focusing on two main themes:
Meme: Speculation never dies, and memes never die. The cryptocurrency world is the meme world, and BTC is the largest meme coin.
AI: The most powerful narrative, though valueless, holds the greatest imagination.
My primary focus: small-cap coins with market capitalizations ranging from millions to hundreds of millions.
Here, returns of a hundredfold and returns to zero coexist, and desire and destruction coexist.
Buy low, sell high: How to buy?
It's like panning for gold in the art market.
Fakes and unsold pieces are everywhere, but betting on a genuine piece with the right narrative is enough to soar to the sky. Position Building Guidelines:
• Set a cap on each coin, so you don't feel bad if you lose everything
• Buy in ten batches, never go all-in
• No matter how good the opportunity is, don't invest more than half your position initially; it's better to miss out than chase a high price
On-chain data, narrative potential, and market makers' appetite... all need to be considered. We'll discuss this later.
Buy Low, Sell High: How to Sell?
It's like robbing a silver coin: every second you hold on, you get a little more money in your pocket; but security will eventually arrive, and if you're caught, everything is back to zero.
Exit Guidelines: Take Profits
• Sell half of your position if it doubles, recover your principal, cut sunk costs, and build a new position
• Every time it doubles, continue to reduce your position, achieve a complete profit, and exit the market
• In the last market cycle, I cashed in my profits in an orderly manner at high multiples, with the maximum profit being approximately 30 times my principal!！
