Lead: Every decline in the crypto market caused by a "black swan" event can be seen as a stage bottom.
Looking back at the "black swan" events that the crypto community has experienced in the past, you will find that when a bull market cycle comes, it will not change because of some bad news.
For example: the domestic clearance in 2017 was negative, and then a bull market started two months later.
The U.S. stock market circuit breaker in 2020 also kicked off a two-year bull market two months later.
The 22-year-old FTX platform closed down, and a new round of bull market began.......
In these days of decline, the greatest trader of all time, GCR, is finally back.
In 2022, he went from $1,000 to $100 million, becoming the most profitable trader of all time by shorting $LUNA.
Spent 30+ hours studying his tweets to learn how to buy the dip and make 100x profit.
As we dive into GCR’s Alpha gold mine, let’s first understand who he is and what makes him so famous.
GCRClassic aka Giant Cassock Revival is an OG trader and probably the biggest profiteer from the FTX and Luna crash.
After his net worth reached $100 million, he disappeared, but now he’s back with even greater gains.
If we were unable to buy in advance or participate in the offering, buying after a significant decline remains one of the few remaining opportunities to reap profits.
It’s anti-human, but wealth is created in these moments.
Here are some examples of strategies I use to identify these opportunities:
Let’s take a look at $RNDR.
After a slight decline, the depression phase begins (purple area), after which we see a sharp increase in prices.
Considering the potential of the project, this dip is a great opportunity to buy the token.
Learn about token economics and financing.
Allocation, Total Supply, and Circulating Supply can give you insight into the project’s plans regarding airdrops, contests, and token sales.
This helps assess community growth rate and token usage, indicating potential demand.
For example, $METIS received approximately $11 million in investment.
• 9% of tokens are allocated to community development
• Airdrop 6%
Metis has built a large and active community, which has a positive impact on the subsequent token price.
Invention project.
When you find a project that is in the early stages of development, or hasn’t launched a mainnet yet, learn about its technology.
Projects with new ideas or useful tools can be successful over the long term and gain a lot of network activity.
For example: $TAO, $AR, $ARKM, etc.
Don't underestimate the hype.
It’s also important to follow the project’s social networks and big influencers to help you gauge community engagement.
This hype attracts community support and interest, which can drive adoption and engagement.
For example: $SOL.
Check how many token holders there are.
A significant decrease in the number of tokens held is a clear sign of the beginning of the depression phase.
On the other hand, if a project has numerous smart wallets, whales, and top traders, this is a good sign for subsequent growth.
When trading altcoins, I typically use the pattern shown in the picture.
Bookmark it to come back to it later.
Patterns may vary depending on the token or surrounding events.
However, I think it is the best option that reflects the behavior of most participants according to market cycles.
Finally: Buying strong projects at low prices is the best way to accumulate wealth.
Here is a list of recent projects worth a closer look:
• $NGL - L1 blockchain with RWA, AI, DePIN, etc.
• $BVM - Modular blockchain meta-protocol
• $SMH - L1 PoST protocol
• $NOIA - On-chain data streaming for Dapps
• $ONDO - RWA protocol for institutional-grade financial products
• $MINIMA - L1 DePIN Protocol
• $TRADE - designed to manage RWA operations and transactions
• $PHA - Coprocessor for blockchain technology
• $XAI - Focused on the GameFi blockchain
• $ARB - Largest L2 in TVL
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
I hope this topic is helpful to you. 🙏Thank you for your likes and support👍