"You can't sell the top, and you can't buy the bottom."
📌 Key Principle: This is essential for consistent profits. Chasing 5x, 10x, or more can lead you into the dangerous game of constantly chasing the market.
🚀 My Strategy: Simple but effective - Dollar-Cost Averaging (DCA) and taking profits in parts to lock in gains. Let me share a few examples from my experience:
💼 My Trades:
1. $PNUT
- Bought at: $0.33
- Sold at: $2.30
- ✅ Exited completely with a 6x return!
2. $DOGE
- Bought at: $0.10
- 🛑 Sold partial to take out my initial investment
- Currently holding at 4x profit🎉
3. $PEPE
- Bought at: $0.000011
- 🛑 Sold partial to secure my initial investment
- Now sitting at 2x profit🤑
📊 Key Takeaways:
- DCA Wisely: I bought at different price points instead of trying to time the market perfectly. 📈
- Take Profits in Parts: After recovering my initial investment, I'm trading with "house money" 🏦 and locking in gains along the way.
- Avoid the Greed Trap: My strategy gave me an overall 4x profit with zero risk to my initial capital💰.
🚨 Remember: Always do your research. Don't let greed control you- it can lead to impulsive, high-risk decisions.
