Trader Made $2.8 Million Worth of Crypto in Just 1 Year ♨️

A Binance User Wrote on Binance Square

"I entered the crypto world with no money and now have $2.8 million. A year ago, my investment was only $8,000. It's been six years since I started in crypto, and for five years, I faced challenges until I mastered altcoin trading. Here's my strategy 🧵👇

➮ My crypto gains over the past year: $2.8M from $8k

Most of my profits came from altcoin trading, not from $BTC or $ETH.

Today, I'll share my strategy for identifying valuable coins. You'll thank me later. 👇

➮ The strategy revolves around three key elements:

- Understanding Crypto Market Psychology

- Tracking Insider Wallets

- Identifying Undervalued Projects

Mastering these will lead to 100x profits or more in this market cycle. Let's explore each element:

🟣

1/➮ Understanding Crypto Market Psychology

✧ Crypto markets follow emotional cycles.

✧ Human psychology remains consistent, leading to market patterns.

Buy during panic phases, especially in a bullish market.

🟣

2/➮ Embrace Fear, Avoid Greed

✧ This rule alone can yield significant profits.

✧ Despite its known benefits, many sell during fear and buy during greed.

Understand this and act contrarian.

🟣🟣

3/➮ Insider Trading Insights

✧ Consider this example:

✧ I discovered a wallet that purchased $POPCAT at launch for $140, now valued at $155M.

While some assume it's developers, I suspect insider trading.

🟣

4/➮ How to Identify Insider Trades?

✧ Use dexscreener.

✧ Explore popular tokens.

✧ Analyze Top Traders.

✧ Look for substantial early purchases.

✧ Duplicate their trades using alphatracexyz.

Wallets should show $500k+ PNL and a 60% Win rate.

🟣

5/➮ Identifying Undervalued Projects

✧ Start with @CoinMarketCap or @coingecko.

✧ Select 20-30 tokens of interest.

✧ Use Dropstab_com to evaluate:

- Investors

- Twitter Followers 🫡"

🫂Remember: Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.

#CryptoWatchMay2024