How to manage positions in potential coins? When you spot a coin with significant potential, never sell everything at once. You should gradually reduce your position during the upward trend while keeping a certain base position to continue participating in the potential upward space.
For example, if you buy a token at a market value of 5 million, when it rises to 50 million, you can sell 10%, when it rises to 100 million, sell another 10%, and when it reaches 250 million, sell yet another 10%. By doing this, you gradually lock in profits while retaining enough upside exposure.
It is especially important to remind you that the upward potential of potential coins may far exceed your imagination, so be sure to leave a portion of your position to gain larger profits during future surges. Continuing with the above example, suppose you have already sold 70% of your position when the market value reaches 500 million, but you decide to keep the remaining 30% and wait for the market value to reach 3 billion before selling. Then, if it really rises to 3 billion, the profits from that remaining 30% could surpass the total profits from all your previous partial sales.
This is the significance of the "partial selling" strategy: by gradually locking in profits to reduce risk while retaining a portion of your position to participate in potential larger gains.
When facing potential coins, patience and strategy are often more important than short-term gains, because once you seize such an opportunity, it could completely change your investment 💵 result #BTC #BTC走势分析