Recently, an investor embarked on a legendary journey from just $73 at the inception of the $PEPE project to a staggering 7 million U (approximately 96,700 times the return). This remarkable feat is not only astonishing but also reveals the importance of gradual selling and maintaining a base position in trading strategies.
The story began on April 15, 2023, when the deployer of PEPE had just added initial liquidity on Uniswap. This investor keenly seized the opportunity, purchasing an astonishing 26.1 trillion PEPE tokens for the cost of 0.035 ETH (equivalent to $73). This move was undoubtedly a bold attempt, but what is even more remarkable is his subsequent trading strategy.
In the following three days, he did not rush to dump all his holdings but chose to sell in batches, gradually releasing profits. This strategy not only avoided potential losses due to market fluctuations but also allowed him to lock in some profits at peak prices. What is even more commendable is that he did not liquidate all his PEPE tokens but retained a portion as a base position.
This portion of the base position is both a commemoration of his investment experience and a testament to his firm belief in the future potential of PEPE. It was only yesterday that he transferred the remaining PEPE tokens to the Kraken exchange for sale, achieving an astonishing leap from $73 to 7.06 million dollars. Throughout this process, he not only amassed great wealth but also demonstrated the wisdom of gradual selling and maintaining a base position.
Looking back at this investor's trading history, it is not difficult to see that his success was not a coincidence. In trading, he was able to quickly identify and seize opportunities while calmly analyzing market conditions to formulate reasonable trading strategies. More importantly, he always maintained a sense of reverence for the market, understanding the importance of timely capital withdrawal, locking in profits, and daring to leave a base position for future possibilities.
Therefore, for every investor, gradual selling and maintaining a base position are trading strategies worth emulating. They can help us better manage risks, secure profits, and maintain composure and rationality in the face of market fluctuations. In our future investment journeys, may we all seize opportunities boldly and respond to challenges wisely, ultimately realizing our wealth dreams like this 70U warrior.
Recently, I plan to ambush a potential coin that is ready to explode; doubling is quite simple, and I am also looking for some potential coins to hold until the end of the year, expecting a potential of over ten times is not a problem, keep up with the gains below 999.
