Recently, many brothers have been panicking and asking me if they should cut their losses. Let me share some of my experiences with investing in spot trading. I made about twenty times profit, but I also experienced being trapped in spot trading. Firstly, the general direction predicts that the bull market has not ended. Secondly, I basically have no experience of cutting losses in spot trading, especially in this clear major cycle trend this year.
The first one is ORDI. At that time, I bought it at 24. Two days later, it dropped to 20. Many people in the comments were criticizing this coin as a domestic scheme, but that wasn’t the most important part. The most devastating thing was that two days later, one of the Bitcoin developers, Luke, claimed that the inscription was a bug in the Bitcoin blockchain and that this bug would be removed in the future. This was a bolt from the blue. It meant that the inscription would no longer exist. Many were bearish about the domestic scheme, causing it to drop nearly to the 15/16 position. However, the words 'cut losses' do not exist in my dictionary, so I just held on, and as a result, after more than one to two months, it rose to over 90+, and I exited at an average price of 70.
The second one is Binance's first pre-market trading, SCR. I estimate that many people fell into the trap with this coin. After I bought it at an average price of 1.0 in the pre-market, it rose to about 1.5, almost a 50% profit, but I didn't sell. When it officially launched, there was an inverted hook, and it directly fell below 1.5 to a minimum of 0.5. Again, a bunch of people came out to be bearish about the domestic scheme. However, cutting losses was not an option; I just held it and left it alone. Just a few days ago, it rose to 1.4 again, and I successfully broke even and increased my position in Neiro.
However, this coin SCR caused me to miss out on selling USUAL, only making a 70% profit on spot trading. I had previously recommended it at 0.28, and I also posted when I exited.
This is one of the few experiences I had of being trapped. In short, as long as you believe in a coin, it doesn’t matter what others say, whether it’s delisting or a domestic scheme. Just stick to your conviction, buy on dips, and go all in. Chasing rises and cutting losses is something that retail investors do. If you don't treat money as money, you won't make money. So just go boldly into spot trading; once the bad news is fully released, it becomes good news. There's nothing bigger than fixing the inscription bug as bad news.
This kind of gate-drawing trend is expected to have a big wave in the future. Let everyone ambush at 68 on November 17. It rose to 97 at the highest, but the market plunged to 58 at the lowest two days ago. How could this demon coin in the bull market really have no performance at all? I haven't sold it yet, hold it patiently. Anything below 70 is an opportunity to enter the market
Bitcoin attempts to stabilize and break through at a high position First resistance level 104 Altcoins show clear signs of bottoming out Either Bitcoin pulls back and brings altcoins down After the rebound, altcoins go wild Or Bitcoin breaks a new high, and altcoins start to explode But currently, no sector has collectively surged, so we still need to wait for the market to become clearer before making corresponding reactions and operations
Still the old saying, hold coins and wait for a rise🤔
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neiro0.0109 I don't know whether to cut my losses...
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决胜千里_top1
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The brothers are urging me to recommend coins again. In fact, my speed is already very fast. Let me organize it for everyone, so you can see if I have been procrastinating. On November 1st, I bought neiro, and it doubled in less than a week. On November 9th, I bought TRB, and it doubled the next day. On November 11th, I bought ACT and PNUT at 0.28 off-market, and it multiplied several times in three days. On November 27th, I bought THE, and it doubled the next day. On November 28th, I bought USUAL, and it doubled in one or two weeks. On December 4th, I bought BGB, and it doubled in one or two weeks. Now it is December 14th, and I am patiently waiting. I know everyone is in a hurry, but my speed is already very fast. If I go any faster, it will be one a day, but obviously, I do not have a dedicated team, so I can only analyze them one by one. Then, only those that meet the characteristics of previously doubling coins will be recommended to everyone. Before there are no new opportunities, I have been the same as everyone, holding coins and waiting for a rise. Currently, the main holdings include neiro, etc, trb, bch, bnb, and these. The coins mentioned above that have doubled are basically all sold off, many were sold at high positions and bought back at low positions.
As the previous graph shows, the decline in the blue box did not exceed my expectations. So I have been mentioning it before, taking the third blue box as the position for replenishment. I want to play two games in the market when the market is falling, but since so many people are asking, I still want to reply. I am quietly increasing my position and not running away.
Most sectors have risen Which sectors have not risen? Fan token sector: OG Current price 5.9 Duration of ambush TBD, will post if running away Note: Small position level 1
This young man can actually gain ten thousand followers 😂 I will try to recommend some more stable coins later For example, today's ACX, there was a problem with the circulation Off-exchange it went from 1.2 to 1.5 and then to 1.18, after listing on Binance it surged to 1.8 within 5 minutes. I recommended it at 1.26, but I saw some people chasing the high in the comments. This coin should have some people making profits and some losing. I will try to recommend coins that are more stable in the future, and enter at the positions I mentioned. If you miss it, just wait for the next one 🤝🤝 Currently holding USUAL bought at 0.28, including the coins mentioned earlier, I will notify everyone in case of a withdrawal
Today we broke ten thousand followers, tomorrow I will reorganize everything well to improve the quality of the posts
As for ACX, whether it goes up or down later, I will not participate anymore, and will continue to focus on the next coin
Also, regarding the BGB recommended at 1.6, it was sold at 2.4 earlier, it will rise again later, but currently I plan to switch to another coin
Okay, brothers, let's talk about the ACX that we ambushed today. Before Binance went online, data from other exchanges showed that the circulation quantity was 138 million. Before Binance went online, Binance's token information page also showed 138 million in circulation. That is to say, the unit price of 1.26 is in line with the doubling feature, because the circulating market value is less than 200 million, and there is enough time to enter the market from 1.16 to 1.26 in the off-market. Five minutes after Binance was launched, the price of the coin surged to 1.8U. Then, 45 minutes after Binance was launched, the circulation quantity increased from 138 million to 332 million, with almost 200 million more tokens in circulation. At 10.00, he immediately posted and ran away. At this time, the 15-minute line coin price was 1.3. So where is the problem?
Latest operation, heavily invested in BGB Current price 1.6 Target to double in one month How to buy needs to be figured out Password has been given to the brothers
Latest operation, heavily invested in BGB Current price 1.6 Target to double in one month How to buy needs to be figured out Password has been given to the brothers
Starting from TRB, over a month ambushing 5 doubling coins A few days ago, the USUAL that was ambushed at 0.28 has again made a small rise of twenty or thirty points After a month, it's either this one or that one All are freely shared publicly
Brothers, you don't know to say in the comments, 'Qianli brother is awesome'