#比特币减半 Trader GCR returns, learn how he buys on dips and makes 100x profit
During these days of decline, the greatest trader of all time, GCR, is finally back. In 2022, his funds rose from $1,000 to $100 million, becoming the most profitable trader of all time
Spent more than 30 hours studying his tweets to learn how to buy on dips and make 100x profit
1: If we can't participate in the issuance in advance, buying in a sharp drop is still one of the few remaining opportunities to make a profit, which is very anti-human, but wealth is created at these moments
For example: $RNDR After the previous decline, it began to enter the depression stage and the price rose sharply
2: Understand token economics and financing. Allocation, total supply and circulating supply can give you in-depth understanding of the project's plans for airdrops, competitions and token sales. This helps assess community growth rate and token usage, indicating potential demand
For example: $METIS received about $11 million in investment, 9% of tokens were allocated to community development, 6% was airdropped, and a large and active community was established, which had a positive impact on subsequent token prices
3: When you find that the project is in the early stages of development, or has not yet launched the mainnet, understand its technology. Projects with new ideas or useful tools can be bought
For example: $TAO, $AR, $THETA, it is important to pay attention to the mainnet launch time, and there will be a sharp rise before the mainnet speculation
4: Check how many token holders there are. A sharp decrease in the number of tokens held is a clear signal that the depression phase has begun. On the other hand, if the project has many smart wallets, whales, and top traders, this is a good sign for subsequent growth
For example: $INJ, $STX use non-small accounts to query the relevant top 100 addresses and observe wallets to observe whether large users participate in buying and selling during the decline and rise
Finally: Buying strong projects at a low price is the best way to accumulate wealth