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dca_is_the_way
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It looks like
#TOTAL3
is heading toward 839, with an expectation of a rebound from that level. What do you think?
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dca_is_the_way
@dca_is_the_way
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Dear Copytraders, it's been a while. As some of you noticed, I turned off nearly all the trading bots the past few weeks. Honestly, I think that was a smart move since the market took a terrible dip. It might drop a bit more, but I'm expecting a rebound soon. I'm convinced we'll eventually bounce back. Our portfolio is down but the overall market is down even more. It's really hard to pinpoint the exact bottom right now, so I'll slowly start buying again. If it dips further, we'll just wait it out. I just don't want to risk missing a bounce-back by staying out. We just have to be patient and ride the wave upward, just like we did back in October/November and we will get better out of it than before!
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My new selection for trading coins are: $ARKM, $JTO, $JUP, $HBAR, $TAO, $LDO, $NEAR, $COW, $RAY, $SUI, $FET, $XRP
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Dear Copytraders, I know you must be feeling frustrated and confused right now, just like I am. We were all expecting a bull run, but it turned out to be nothing more than an illusion. TOTAL3 was on the verge of breaking resistance, ready to launch, yet at the same time, new data and a speech released from Trump, and everything went up in smoke. Looking at WIF and PEPE, their charts don’t look promising for our strategy, there are too many risks to justify putting all our money there. That’s why I’ve decided to start over from the bottom. Yes, there’s always a chance that one or both of them could skyrocket, and we might miss out, but that’s just how crypto works. This is exactly why I prefer automated trading; it removes the emotional element and spares us the stress of every market move. Last month, I recalculated all funds into a selection of coins with strong potential and solid fundamentals. I still believe in our strategy and its ability to consistently generate a 1% daily return, as long as money management is handled properly and we don’t get stuck. The most important thing is to keep the bots running and make steady profits every day. To ensure this, I’ve made several changes to the code to prevent disruptions. I truly hope this time we will succeed. Money management has been the biggest challenge all along. Allocating the right amount per bot, especially during black swan events, is incredibly difficult. I don’t believe just holding a few coins and waiting for them to go up is the best approach. There’s always a chance they never recover. On the other hand, by continuously trading, we create more opportunities. Plus, it simply feels better to see small, consistent profits every day rather than watching a portfolio sit in deep drawdown, hoping for a reversal. I know you may be concerned because our statistics are down, but so is the entire market. At this point, you have a choice. Either continue copy trading or switch to buy-and-hold. Do whatever makes you feel most comfortable and secure. Let’s stay focused and move forward.
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Dear Copytraders, It’s been a while since my last update, mostly because the market has been pretty rough. For over a year, I’ve been trading with the same strategy and consistently making profits, even during corrections as steep as 50%. But things took a turn starting December 8th. The drop was too sharp, and we ended up with too much money tied up in the same assets, hoping to close them out quickly. Then, another big dip hit, and the strategy unraveled. Right now, we’re stuck holding some coins with a significant drawdown. Every day, I still see the strategy making profits, but there’s no money left in play to take advantage of it. This has been a hard but valuable lesson for me about not being too greedy, over-allocating funds, and the importance of keeping reserves for times like these. Personally, I do have some reserves to average down, but I’ve decided not to keep adding funds to copytrading. I know many of you don’t have the extra capital to do so either. Instead, I’ll be holding tight and waiting for the market to recover, so everyone has a fair chance to exit without or with minimum losses. If you have reserves, buying more of the same assets to lower your cost could be an option, but remember, that’s not financial advice. It’s your decision. I still believe this strategy is one of the best ways to make money, but proper money management is critical. Sometimes, that means accepting smaller daily profits to maintain a stronger safety net for risk management. Don’t stress too much! we’re still in a good spot compared to others. Millions of traders lost everything in leverage trading, but we’re holding spot positions, which makes a recovery only a matter of time. Remember, nothing is truly lost yet. We’re just in a deep drawdown, and we need to stay patient and let the market work its way back.
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Shakeouts clear the weak hands, paving the way for a stronger upward move.
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