Bitcoin has basically been rising one-sidedly from 66k to 93k. With yesterday's surge being pushed down again, the first stage has come to an end, and the main uptrend has to choose a way to end. The adjustment range will be seen in the rest of November, but the adjustment of Bitcoin is another new opportunity for the market.
At the same time, we do not need to stop profit for the contract. The moving average is around 75,000. We only need to wait for 3-4 weeks. When the daily line enters a narrow range, we can continue to increase our floating profit. When the cottage retreats to the right place, we can rush for another round at the weekend. Of course, the meme sector is still given priority.
In the current market, institutional funds only buy BTC, while retail funds are interesting, they only speculate on meme coins.
Benefiting from Musk's call, the market value of Dogecoin exceeded 60 billion US dollars, driving the meme sector to a climax again, Shib exceeded 15 billion US dollars, and Pepe also exceeded 10 billion US dollars.
Unexpectedly, the second PEPE to break the historical high in this bull market was PEPE. Due to the listing of CoinBase, PEPE soared up to double in a short period of time, successfully breaking the historical high and becoming the second altcoin to explode after Dogecoin. However, it should be noted that PEPE's whales have begun to take profits, because 500 billion PEPE fund addresses of 2 trillion PEPE were dumped immediately after breaking the historical high. It is still recommended that brothers who love PEPE should not blindly chase high prices in the short term. If there are no accidents in this round, after the big two have risen, the MEME sector will definitely be the first sector to contact traffic, and it will also be the first to rotate.
During this period, whether it is the old MEME, such as $Doge, $Shib, PEPE, or the newer ones like wif, $MAGA, pnu, and act, they have all risen rapidly. Act and pnut launched on Binance have increased dozens of times in just a few days, and their market value has even exceeded 2 billion US dollars. Doge, shib, and pepe have reached a market value of tens of billions of US dollars, which has driven the potential market value of meme coins in the future market. The meme coins that could exceed 100 million US dollars before now have an imagination space of 1 billion US dollars, which has brought great wealth effects to retail investors. Therefore, unless the bear market comes, meme coins will most likely run through the entire cycle like 1co in 2017 and defi in 2020.
This round of bull market should give birth to at least 2 memes with a market value of more than 100 billion. This is the premise of our explosive profit. We only need to catch a meme with a market value of 100 billion. If the meme coin does not reach a market value of 100 billion in the end, then we will naturally not make that much money. Of course, it may only change from making hundreds of times to making dozens of times, and the result should not be too bad. So our methodology is: traverse all meme coins and don’t miss any.
The method of opening a position is very simple:
Assume that meme coin A has a market value of 1 billion now. If it is a 100 billion meme in the future, it can multiply 100 times. Then as long as you invest 10,000 U in meme A, it can become 1 million US dollars next year.
Similarly, if meme coin B is currently worth 100 million, and if it is a 100 billion meme in the future, then it can multiply 1,000 times. As long as you invest 1,000 U in meme B, it can become 1 million US dollars next year.
Assuming that the market value of meme coin C is 10 million now, it needs to increase 10,000 times to become 100 billion, so you can invest 100 U.
Assuming that the market value of meme coin D is 1 million, it needs to be multiplied by 100,000 times to become 100 billion, so you can invest 10 U. Let's make a table:
This method can be summarized in one sentence: the larger the market value, the greater the investment, and the smaller the market value, the smaller the investment.
My strategy is:
Invest in a group of meme asset packages, including all possible meme targets. Although a diversified portfolio will greatly reduce the final return, it is probably less than a thousand-fold increase, but I think 100 times is possible. If you invest heavily in a meme coin and miss the bet, you will miss the entire bull market. Of course, the portfolio will be adjusted dynamically during the bull market.
Screening criteria: potential increase of at least 100 times; 100% full circulation; reasonable and fair distribution of early chips, no big investors, and no project parties.
We are only 25% of the way through the bull market, and the real craze for memes will be in the second half of the bull market, so it’s still early, so buy now and don’t sell when the price goes up or down. In addition, a meme’s 100-fold increase is usually completed within 1 month, so if it increases 5 times in 1 day and you think it’s too good and sell it, you may regret it 1 month later.
When the market is calm, you can adjust your positions dynamically. When the meme is not crazy, there will be natural and random ups and downs every day. At this time, you can adjust your positions appropriately to reduce costs. Friends who are good at operation can even reduce the holding cost to zero before the meme takes off. But it should be noted here that you should adjust your positions when the meme fluctuates little, not when it fluctuates greatly. Because once the meme takes off, you want to sell it first, and then you may never get it back.