How to Handle Positions in Potential Coins?

How should a newcomer in the cryptocurrency world handle positions in potential coins?

When you identify a coin with great potential, never sell everything at once. You should gradually reduce your holdings during the upward trend while keeping a certain base position to continue participating in the potential upward space.

For example, if you buy a token with a market value of 5 million, when it rises to 50 million, you can sell 10%, when it rises to 100 million, sell another 10%, and when it rises to 250 million, sell another 10%. In this way, you gradually lock in profits while retaining enough upward exposure.

It is particularly important to note that the upward space for potential coins may far exceed your imagination, so be sure to keep a portion of your position to gain greater profits in future explosions. Continuing with the previous example, suppose you have sold 70% of your position when the market value reaches 500 million, but you decide to keep the remaining 30% and wait to sell when the market value reaches 3 billion. Then, if it really rises to 3 billion, the profit from this remaining 30% may exceed the total profit from all your previous incremental sales.

This is the significance of the “incremental selling” strategy: to reduce risk by gradually locking in profits while retaining a portion of the position to participate in potentially larger increases.

When facing potential coins, patience and strategy are often more important than short-term gains, because once you seize such an opportunity, it may completely change your investment outcomes.