đ„TRADING WITH TALENT IS NOT AS GOOD AS LONG-TERM CAPITAL and⊠got lucky! đ
Today is exactly 15 days since I DCA token $ALT in the price range of 0.1x - 0.06x $ as the plan shared with everyone.
đWith ALT, I admit that I was a bit lucky, when I had just bought it for 3 days, the market suddenly dumped strongly. If I had bought it just 1 week earlier, my capital for ALT could have lost up to 50%.
đ€Currently, my first ALT collection still has about 5 days left, with a negative average price, but it has not been too high. In case BTC is really bad, ALT drops sharply to $0.04, I will continue to collect for the second round (which is also the last round).
In short, I expect the average price of $ALT in my wallet to fall to around $0.06 - $0.08. In the future, when ALT's capitalization first reaches $1 billion (including the amount of additional unlocked tokens), I will start to take profits.
đAt that time, the price of ALT may have returned to its old peak of $0.6.
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Please note, this is my own strategy and you should absolutely not fomo buy regardless, because each person's capital position and management style is different.
Some of you commented asking me if there is no more altcoin season, what if the $ALT project gives up? đ I would like to answer that there is no sure-win strategy, there is no holy grail in this market!
đTo minimize risks, the only way is to go long-term and allocate capital reasonably, as the title above says: "TRADING IS NOT AS GOOD AS LONG-TERM CAPITAL". However, I still encourage you to set aside about 10-20% of your total capital and trade short waves. The purpose is to push yourself to stick closely to the market, gradually creating a reflex, or as traders often say, "feel the market's pulse" đ !
