During the final bull run, I transformed $2k into $132k but dropped to $9k for not securing profits in time. Here's my strategy to make $2.4M from $9k in a year:🚀
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1. Understanding Unrealized PnL:
- Unrealized profits aren't actual profits.
- Structure, rules, and factors help turn unrealized into realized gains.
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2. Market Cycle Model:
- BTC follows cyclical patterns based on human emotions and FOMO.
- Growth a year before and after Halving, with repeating cycles.
3. Altcoin Selling Factors:
- Evaluate upside potential.
- Impact of CEX listings.
- Consider roadmap, partnerships, team, and top holders.
4. Case Study - $WIF :
- Analyzing potential based on competitors in the sector.
- Upside compared to tokens like $SHIB, $DOGE, $PEPE, $FLOKI.
5. Memecoins:
- Memecoins often lead in rally gainers.
- Examples: $PEPE, $BONK, $WIF, $MEME,
6. Timing Alts for Maximum Profit:
- Identify the cycle and peak for each coin.
- Rebalance the portfolio