My wife can read my mood from the chart. | dca_is_the_way on Binance Square

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My wife can read my mood from the chart.

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Dear Copytraders, It’s been a while since my last update, mostly because the market has been pretty rough. For over a year, I’ve been trading with the same strategy and consistently making profits, even during corrections as steep as 50%. But things took a turn starting December 8th. The drop was too sharp, and we ended up with too much money tied up in the same assets, hoping to close them out quickly. Then, another big dip hit, and the strategy unraveled. Right now, we’re stuck holding some coins with a significant drawdown. Every day, I still see the strategy making profits, but there’s no money left in play to take advantage of it. This has been a hard but valuable lesson for me about not being too greedy, over-allocating funds, and the importance of keeping reserves for times like these. Personally, I do have some reserves to average down, but I’ve decided not to keep adding funds to copytrading. I know many of you don’t have the extra capital to do so either. Instead, I’ll be holding tight and waiting for the market to recover, so everyone has a fair chance to exit without or with minimum losses. If you have reserves, buying more of the same assets to lower your cost could be an option, but remember, that’s not financial advice. It’s your decision. I still believe this strategy is one of the best ways to make money, but proper money management is critical. Sometimes, that means accepting smaller daily profits to maintain a stronger safety net for risk management. Don’t stress too much! we’re still in a good spot compared to others. Millions of traders lost everything in leverage trading, but we’re holding spot positions, which makes a recovery only a matter of time. Remember, nothing is truly lost yet. We’re just in a deep drawdown, and we need to stay patient and let the market work its way back.

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While most #altcoins are heading for the moon, $PEPE is preparing to take over the world!

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Shakeouts clear the weak hands, paving the way for a stronger upward move.

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Dear Copy Traders, Our portfolios may be down, but patience is key. For most of our holdings, we only need prices to recover halfway from their peak. Recoveries often happen quickly and unexpectedly, just like with FTT. Soon, altcoins will rise one by one, like fireworks. Days like these will impact our daily compound average. However, based on backtesting, I am confident we will achieve over 1% daily compound interest when averaged across the year. The quieter days from last week will be compensated once the market recovers. Our strategy of consistent daily buying and selling is designed to maintain steady growth and hit our 1% goal. Naturally, there are periods of stagnation like this, about once a month. It is part of the process. Stay calm and trust the strategy. I am confident the market will bounce back. To minimize moments like these, I have developed and fine-tuned numerous strategies to optimize results. Each challenge provides an opportunity to improve, and I am continually refining our approach. With each dip, our strategy becomes stronger. Currently, the market is slow because TOTAL3 was recently rejected at resistance. Many investors have shifted to Bitcoin, while liquidations and panic selling from smaller investors have created downward pressure on altcoins. This benefits larger investors aiming to buy at lower prices. However, once TOTAL3 breaks through resistance, it is poised to ignite a significant uptrend for altcoins. Do not fixate on daily unrealized PNL and how much you are in red, It is irrelevant to our long-term strategy. Instead, focus on what we have earned over time. That is the only metric that matters, and it is one we will continue to grow. Stay strong and HODL!

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Many small investors got liquidated, panic sold and scared now for re-entry. The big investors’ plan to get the lowest prices before the breakout. TOTAL3 was nearing its final resistance and they knew it; once it breaks out altcoins will skyrocket. Soon they will be filling bags.

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