Many early investors who bought tokens like $Pnut, if they can hold on until now, have become millionaires. However, most people have missed the opportunity because they failed to lock in profits correctly.
In the investment world, it is not uncommon to find instances where investors find Promising Crypto and obtain a 100x return only to end up with losses. All of this is due to one fatal mistake - not knowing how to lock in profits properly.
The root cause of the problem:
Traders commonly have two options:
Learn from mistakes, but at a high cost.
Giving up trying due to setbacks, missing out on more opportunities.
To avoid such predicaments, you need to learn how to lock in profits without disrupting the chart trends and find a reasonable get on board point to avoid being forced to Cut Loss and leave the market.
Step 1: Find the target Token
Open the () website and select a chain (such as Solana).
Browse the latest tokens listed using the ‘New Pairs’ tag.
The Token with the largest decline in the past hour to follow.
Skip tokens with a market capitalization in the $30K-$40K range.
Core goal: to find Tokens that still have potential after a strong decline. Initially big dump 70-90% of Tokens, if there is a Rebound, it may bring 50-100 times return.
Step 2: In-depth Analysis of Token
Check the coin holding structure
Query Token information using tool ():
The total proportion of the top ten holding addresses should not exceed 15-20%.
Liquidity should be locked or destroyed.
Check social media
Check the Twitter and Telegram communities of Token to understand their activity and community support.
Don’t hesitate, contact the project party directly to inquire about future plans.
Be cautious of the initial big pump Token
Some Tokens experience a big pump shortly after being listed on Raydium, but then a big dump follows. These types of Tokens require extra caution.
Step three: get on board strategy
Accurate ‘get on board’ requires judgment based on the Order Block, using 1 hour, 4 hour, 12 hour or even longer K-line charts.
Choose one of the following three entry points:
When the candlestick chart touches the top of the order Block.
When the candlestick chart touches the middle of the order Block.
When the candlestick chart touches the bottom of the order Block.
Recommended tool: Use the trading platform provided by () to quickly identify and execute trading strategies.
Step 4: Lock in Profit
Early stage: Lock in some profits immediately when the price reaches twice the return.
Later stage: continue to hold some Position, or lock in profits in batches (DCA strategy).
Conclusion
Whether it is the timing to get on board or the profit strategy, the core of trading lies in rational and precise analysis. With reasonable tools and methods, you can effectively drop risks and enhance profitability.
Remember: Successful investors are not born that way, but through practice and learning, continuously optimizing their trading system. Take action now and let each trade be the starting point for your next success!
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Stargazers
· 2024-11-29 00:47
The next round of pump wave may be brewing, waiting for the brave to set sail.
Master the correct profit strategy: how to buy accurately and lock in profits efficiently?
Author: BTC_Chopsticks
Many early investors who bought tokens like $Pnut, if they can hold on until now, have become millionaires. However, most people have missed the opportunity because they failed to lock in profits correctly.
In the investment world, it is not uncommon to find instances where investors find Promising Crypto and obtain a 100x return only to end up with losses. All of this is due to one fatal mistake - not knowing how to lock in profits properly.
The root cause of the problem:
Traders commonly have two options:
Learn from mistakes, but at a high cost.
Giving up trying due to setbacks, missing out on more opportunities.
To avoid such predicaments, you need to learn how to lock in profits without disrupting the chart trends and find a reasonable get on board point to avoid being forced to Cut Loss and leave the market.
Step 1: Find the target Token
Open the () website and select a chain (such as Solana).
Browse the latest tokens listed using the ‘New Pairs’ tag.
The Token with the largest decline in the past hour to follow.
Skip tokens with a market capitalization in the $30K-$40K range.
Core goal: to find Tokens that still have potential after a strong decline. Initially big dump 70-90% of Tokens, if there is a Rebound, it may bring 50-100 times return.
Step 2: In-depth Analysis of Token
Query Token information using tool ():
Step three: get on board strategy
Accurate ‘get on board’ requires judgment based on the Order Block, using 1 hour, 4 hour, 12 hour or even longer K-line charts.
Choose one of the following three entry points:
Recommended tool: Use the trading platform provided by () to quickly identify and execute trading strategies.
Step 4: Lock in Profit
Early stage: Lock in some profits immediately when the price reaches twice the return.
Later stage: continue to hold some Position, or lock in profits in batches (DCA strategy).
Conclusion
Whether it is the timing to get on board or the profit strategy, the core of trading lies in rational and precise analysis. With reasonable tools and methods, you can effectively drop risks and enhance profitability.
Remember: Successful investors are not born that way, but through practice and learning, continuously optimizing their trading system. Take action now and let each trade be the starting point for your next success!