How to Manage Positions in Potential Coins

When you catch a coin with great potential, never sell everything at once. You should gradually reduce your position as the price rises while keeping a certain amount of your holdings to continue participating in the potential upside.

For example, if you buy a token at a market cap 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%. This way, you gradually lock in profits while keeping enough exposure for further upside.

It is particularly important to note that the upside potential of a potential coin may far exceed your imagination, so you must leave part of your position to take advantage of larger profits in future surges. Continuing with the previous example, suppose you have sold 70% of your position when the market cap reaches 500 million but decide to keep the remaining 30% until it reaches 3 billion before selling. If it indeed rises to 3 billion, the profit from that remaining 30% may surpass the total profits from all your previous staggered sales.

This is the significance of the 'staggered selling' strategy: by gradually locking in profits, you reduce risk while keeping a portion of your position to participate in potentially larger gains.

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 outcome.