Trading on $600k: rules, observations, and conclusions from 8 years of experience.
Hello. Right now I am in a position of 170k: 100k in Ethereum and 70k in Ton. In fiat — 550k. This is information for understanding the level of my long-term trading over the past three years: more than +200k in two years. I want to comment and respond to those who create a manipulative information field for their positions. For example, if someone has completely exited, waiting for a drop or Bitcoin at 200k, they often draw the audience into this scenario.
Good afternoon. I fixed 45k profit and completely exited Ethereum. Previously, I accumulated it until it dropped to 2200. My average purchase was 117.#eth at $2550. I started to exit gradually up to $3200.
I try to manage my greed and stick to a fairly simple strategy, buying when everyone is scared, selling when everyone is greedy.
At the moment, I only left a position in #ton , the purchase was at 77k (at $5.65) for 13580 Ton (currently down 3k). Regarding Ton, my position is more in support of the platform, as I believe in the future; I might not even close it even if it goes up. I try to trade only with assets that I personally believe in, which is why I only focus on Ethereum, Bitcoin, and a couple of altcoins, but I always keep 70% of my budget in the top 10.
I only trade on spot; in 2023, I fixed about 120k profit. For 2024, I have currently fixed +86k.
Right now, my balance is $628k. (excluding Ton, I am staking Ton at 3.7%)
Overall, I have gone into cash, not because I don't believe in growth, but because, at these highs, it is more important for me to secure profits, as it is absolutely unpredictable what will happen next. I have long observed how market sentiments change very quickly, trying not to suffer from FOMO.