After years of struggling in the encryption currency market, I have accumulated a lot of valuable experience. Looking back at 2019, I bought 0.172677 Bit for 10,000 yuan, starting my journey in encryption currency. When the bull run arrived in 2021, my assets doubled. However, due to not taking profit in time, I missed out on some profits. This experience made me deeply realize that setting a reasonable take profit point in investment is crucial.
In 2023, I shifted my focus to the emerging BRC-20 inscription technology. After in-depth research, I chose to layout inscription projects within the Avalanche ecosystem, ultimately reaping a substantial return of 10 times. This success made me realize that deeply studying the underlying logic of projects and closely monitoring market trends is the key to victory. I learned to judge the arrival of a bull run by analyzing the price trends, trading volume changes, and overall market sentiment of mainstream coins.
In terms of asset allocation strategy, I adopted the 'pyramid' principle: investing the majority of funds into mainstream encryption currencies like Bit coin and Ethereum; a portion of funds for investing in emerging projects with potential, such as Layer2 and real-world asset tokenization (RWA); and only a small amount of funds participating in Meme coin investments, which, even if this portion of the investment is completely lost, will not have a severe impact on the overall investment portfolio.
I will also use leverage trading strategies cautiously, borrowing funds for short-term trading, but strictly controlling the borrowing limit to within 50% of my Bit holdings. I tend to choose projects with strong fundamentals, and once profits reach 50%-100%, I will decisively sell. In addition, I pay special attention to the first year after the Bitcoin halving, which is often a golden period for finding quality projects for single-cycle investments.
Overall, achieving success in the cryptocurrency market requires continuous learning, staying updated with market dynamics, reasonable asset allocation, and strict risk control. Most importantly, do not be swayed by temporary feelings of greed. Through these strategies, I have successfully achieved significant growth in my assets while maintaining steady returns amidst market fluctuations.
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UnluckyLemur
· 08-04 16:49
Bull run, come and surge a hundred times!
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DefiPlaybook
· 08-04 16:42
According to cross-cycle data, there are significant flaws in the configuration ratio.
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SpeakWithHatOn
· 08-04 16:39
Getting on board early is not as good as summarizing experience.
After years of struggling in the encryption currency market, I have accumulated a lot of valuable experience. Looking back at 2019, I bought 0.172677 Bit for 10,000 yuan, starting my journey in encryption currency. When the bull run arrived in 2021, my assets doubled. However, due to not taking profit in time, I missed out on some profits. This experience made me deeply realize that setting a reasonable take profit point in investment is crucial.
In 2023, I shifted my focus to the emerging BRC-20 inscription technology. After in-depth research, I chose to layout inscription projects within the Avalanche ecosystem, ultimately reaping a substantial return of 10 times. This success made me realize that deeply studying the underlying logic of projects and closely monitoring market trends is the key to victory. I learned to judge the arrival of a bull run by analyzing the price trends, trading volume changes, and overall market sentiment of mainstream coins.
In terms of asset allocation strategy, I adopted the 'pyramid' principle: investing the majority of funds into mainstream encryption currencies like Bit coin and Ethereum; a portion of funds for investing in emerging projects with potential, such as Layer2 and real-world asset tokenization (RWA); and only a small amount of funds participating in Meme coin investments, which, even if this portion of the investment is completely lost, will not have a severe impact on the overall investment portfolio.
I will also use leverage trading strategies cautiously, borrowing funds for short-term trading, but strictly controlling the borrowing limit to within 50% of my Bit holdings. I tend to choose projects with strong fundamentals, and once profits reach 50%-100%, I will decisively sell. In addition, I pay special attention to the first year after the Bitcoin halving, which is often a golden period for finding quality projects for single-cycle investments.
Overall, achieving success in the cryptocurrency market requires continuous learning, staying updated with market dynamics, reasonable asset allocation, and strict risk control. Most importantly, do not be swayed by temporary feelings of greed. Through these strategies, I have successfully achieved significant growth in my assets while maintaining steady returns amidst market fluctuations.