How to Handle Positions in Potential Coins
When you have grasped a coin with great potential, never liquidate all at once. You should gradually reduce your position during the upward trend while keeping a certain amount of your base position to continue participating in the potential upward space.
For example, if you buy a token at 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 especially important to note that the upward space for potential coins may far exceed your imagination, so be sure to leave a portion of your position to gain greater profits in future explosions. Continuing with the above example, suppose you have sold 70% of your position when the market value reaches 500 million, but you decide to keep the remaining 30%, waiting to sell when the market value reaches 3 billion. Then, if it really rises to 3 billion, the profits from this remaining 30% may surpass the total profits from all your previous incremental sales.
This is the significance of the 'incremental selling' strategy: by gradually locking in profits to reduce risk while keeping a portion of the position to participate in potentially larger price increases.
When facing potential coins, patience and strategy are often more important than short-term profits, because once you seize such an opportunity, it can completely change your investment outcome.
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