Three years ago, I picked up 800,000 and haphazardly entered the market.
I only woke up when I was left with 200,000: is there really any good fortune in the crypto world?
Later, relying on a method of "first restraining, then exerting force" in rolling positions, I turned 200,000 into
40 million in a year. The core is not about daring to rush in, but understanding "when to take profits and when to add more."
When selecting coins, I never greedily grab too many; I only focus on "the main uptrend that I can hold onto."
There are three strict conditions to be met:
First, it must break the previous high with volume; for example, last year on the day ARB broke 1.2 USD, the trading volume was 60% more than the previous day. That was a true start;
Second, it must be a leading coin in a niche; when Layer2 was hot, I only looked at ARB, when MEME was popular, I focused on DOGE, and I didn’t touch "pseudo-hot" small coins;
Third, the circulating market cap must be between 300 million and 800 million USD. If it's too large, it won't rise, and if it's too small, it's easy to manipulate and cut losses. In the past, I spread my investments thin across seven or eight coins, but now I only keep two at most, and I focus enough to keep a close watch.
Rolling positions relies entirely on "take it slow, don’t rush." Starting with 200,000 in capital, I only invested 60,000 for the first trade
—— Last year, when I invested in PYTH, I waited for it to break 0.8 USD with volume before entering, setting a stop loss at 8%. Even if I lost, it was just a minor scratch.
Once I made a profit of 40%, I added another 80,000; only when it doubled did I dare to add the remaining 60,000. The key is "don’t add to your position when losing, only scale up when making a profit." In the past, when the price dropped, I always thought about "averaging down," but it only led to more losses. Now I firmly remember: until there’s a profit, I absolutely won’t increase my position.
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