In this short article, I want to consider several points. In particular, what to do if you missed an entry point even on the spot and the coin flew up, what to do with investments and trades. To begin with, let's not play super mega alpha investors right away. EVERYONE, believe me, absolutely everyone, without exception, makes mistakes in the market. If someone tells you that this is not true and that he always buys and sells at the best prices, this is just a person who is trying to sell you access to a closed discord or his super mega trading course. Everyone makes mistakes, the only question is how you react to mistakes and how ready you are to correct them.
A mistake I also made by not selling coins in 2021 and 2022. Yes, I have some coins, such as JUP, which I bought in 2022, and what happened next you know)! What do I do now with such coins (fortunately there are only one or two of them) that are almost a dead patient. I don't do anything. I'm just waiting for the price to possibly reach my entry point and exit it forever. Depending on the invested amount, if the amount is small, you can even exit with a -50% loss and reinvest in something else, returning the lost 50% to growth.
If you did not sell coins in 2021, let's take DOT as an example. I participated in parachains and staked Polkadot in 2021 for a year and a half, in return I received parachain coins. That's why I staked dot coins at a price of $30. Accordingly, when I received the coins back the other day, I have the same number of coins, but a huge minus in terms of investment. Because the entry point for parachains I bought for 25-30. And now the price is 5. If the project has a perspective, it is an ecosystem project and you believe in its potential, you can use the DCA system. That's what I did, I bought another 4.5 dot and made my entry point 16. So it's still a big draw, but I repeat, if the project has potential, that's fine, I'm ready to wait. At 16 I will be watching the market in general and this coin, maybe even going to 0 at that time. After all, what for me will be 0, for someone it will be 300%. Even with such coins, you do not need to pour all your savings into the DCA system. Just a part to improve the entry point.
If, for example, you entered MANA at $3 and do not have funds for DCA or do not want to use funds for the middle entry point, just do not touch the coin and wait for $3 to exit the coin, but do not cut losses. The market is cyclical and it is only a matter of time before it returns to your entry point again, provided that it is a coin with potential and not just a speculative piece of sh9t
You need to understand that you should have 2 portfolios. Investments for a fixed term or marked exit points and a speculative portfolio for swings and daily trades. Let's take a conditional deposit of 10,000. We leave 2,000 in stable coins. We allocate 6,000 for investments. 2,000 are allocated for trading both on the spot and on futures.
We invest in several coins in areas of interest, we remember about diversification. For each coin, keep a notebook or notion where you write down the investment amount, the number of coins and the exit point. The exit point can be one and final or you can exit in percentage. The most win-win strategy is at x2 to take the deposit and leave free coins. Again, let me remind you that there is not a single investor in the world who has not been in a slump for some time. This is normal. The main thing is your health, your relationship with your family and your psychological state. You don't have to check your investment portfolio every second, you have invested free allocated funds for investments for the period of time you have determined. It is very important to remember that the money allocated for investments should be those that you know for sure you will not need in a month or even a year. That's why when people ask what I should buy now, I never give advice, because other than the entry point, I can't know your current financial situation. Maybe now Algorand can cost 10 cents, you invest and wait for 20 cents. But for half a year, algorand trades in the range of 0.08-0.12 and you are sometimes in the plus or minus, but in the next month you need these funds to pay for your child's education, for medicine, for a family vacation. And you will need to take money from the market and sometimes, which very often happens at a loss. Therefore, again time plays a more important role even than the point of entry. To do this, you should first agree with yourself, you should not feel stress or discomfort when seeing your portfolio at -40%. You have a plan and you follow your plan both in terms of the amount invested and timing.
You keep the allocated 2000 from our conditional portfolio in stable coins in case of unforeseen events. You trade the other 2,000 both on the spot and on the futures market, always with a stop loss. If you lose money, do not touch the investment portfolio to cover the losses. So you just lose everything.
We always invest in accumulation zones and sell according to plan in your zones. Again, when to sell? Everyone will have their own selling point, because it all depends on expectations. Someone puts 100k in a coin receives x2 and leaves with a profit of 100k. And someone invested 1000 and at this point has a profit of 1000. Of course, the expectations of the second participant will be different. But your expectations are only your problems. Always set a conservative exit (at least part of it is fixed) and set the maximum exit point for you that corresponds to your time.
What to do if you did not buy when your entry point was. First, you will never catch a bottom and you will never sell at a top. Therefore, for the entry, you do not assign a price, but a zone for purchase. In the same way, you designate an area for sale. You should have absolutely no emotions when buying or selling. No fear, no greed that the price will fly up, etc. You have a plan and you stick to it. This is only your plan. If you missed your buy zone, look at other promising assets that are still in accumulation zones. If you have a feeling that the coin is flying without you, but you definitely would like to buy this project, you can buy it at the market price, but in no case do not cut losses if the price goes to correction.
Believe that money is not the main thing, the main thing is your emotional state, your relationships with loved ones, your psychological health. Learn to approach the market with a cool head. To do this, just use free funds and read the previous points. This is a more psychological conversation and here you can conduct a dialogue or monologue for a very long time on this topic, because everyone has their own psychotype, their own financial situation. Therefore, I gave only the basic points.
