🚨Here's a rundown of the strategies I've experimented with so far, along with their outcomes:
1. Patience and Discipline☺️: I took a disciplined approach, holding on through month after month of dips. However, the prolonged waiting game eventually wore me out, and I ended up selling my positions at significant losses.
2. Avoiding FOMO🚨: I tried to avoid chasing sudden price pumps, instead opting to buy the dips after a retracement. Unfortunately, many times, those dips didn't lead to recovery, and the prices kept falling.
3. Targeting Early Pumps📝: I decided to focus on coins that were just beginning to show signs of a rise. However, as soon as I entered the market, the momentum fizzled out, and the prices began to dip again.
4. Understanding Cycles💥: I realized that tokens tend to rise in cycles or groups, such as DeFi, fan tokens, or new trends. I would jump in right after seeing a coin pump, hoping to catch the next rise—but ironically, the ones I skipped ended up being the ones that saw massive growth.
5. New Listings: I started small with newly listed tokens, planning to buy more as prices dipped. Sadly, many of those tokens didn't recover after my first purchase, and the prices stalled instead of increasing.
6. Big Buy Strategy🎉: I thought I'd try entering with a larger position to catch the upswing, but after my purchase, the token kept dipping without recovering, leaving me with losses.
7. Second Candle Strategy🤑: I began waiting for confirmation via the second candle, a method I learned from traders like Pnut and Act. Despite carefully timing my entries, many tokens, like Verodrome, failed to rise as expected.
8. Early Profit-Taking🤑: At one point, I tried selling early to lock in profits, but each time I did, the token would continue to rise. When I decided to hold and wait for the 4-hour mark, the price would always dip, leaving me regretting not selling earlier.
I'm still in search of a more effective strategy and would love to hear your approach. Let's work together to find a way to capitalize on this market and make some serious profits!
𝐈 𝐚𝐩𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 🤗😊