TELL ME, WHAT DO YOU SEE IN THE EYES OF A HOLDER?
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The timeless story in the uptrend season, should we hold or trade to optimize profits?
In the uptrend season, we often see Long/Short orders being liquidated with a total volume reaching hundreds of millions $, peaking at Long liquidations of up to 1.7B$. That's the situation for traders. Jumping in and out without a strategy is just market liquidity.
In every uptrend season, I meet someone whose account has been wiped out before the wave even increased, just because they were too eager and jumped around.
Tell me, have you encountered anyone trading to optimize profits that their profits are more incredible than a holder's?
Let's do a simple calculation; if we only consider from January 2023 until now, $BTC has increased by about 532% (nearly x6.5) from the bottom of 16.5k to a new ATH of 104.5k. Next, ETH increased by 280% (x2.82) and PEPE is 6,907% (x65), an incredible pump.
If you randomly bought and held 1 of the 3 tokens I mentioned above, your profit by now would at least be 280%. And if optimizing profit then....
So how do you HOLD? And how to not be shaken, anxious to optimize capital?
3 BASIC STEPS:
1. Identify the potential coin you want to hold.
2. Determine the profit-taking target.
3. Determine the time needed to achieve the goal,...
*The rest depends on your strategy and mindset
I will be an example:
1. I have identified the coin I want to hold, which is @BTC25.
- This is a potential Memecoin of TonMiner (a BTC mining company backed by ViaBTC - the 4th largest Bitcoin mining company in the world). The purpose of this memecoin is to market TonMiner, so they certainly cannot let @BTC25 sink, but must find a way to create a buzz in the community.
- A strong community combined with many factors shows that this is a Hidden Gem.
2. My profit-taking targets will be the milestones of 50m - 100m - 1B.
- It may sound unrealistic, but with my limited financial potential, I think I can hold without fear of being shaken due to a moderately allocated amount.
3. The time needed for @BTC25 to reach my 1B market cap target will be 4 years.
- I believe that with its enormous potential, it will be extremely easy for TonMiner to bring @BTC25 to the #Binance exchange. What we need here is time to prove it.
So do you understand how to hold? How many years will your target be?
Above are all the shares based on my personal experience. Thank you.
This is not investment advice.
DYOR - Always do your own research before making a decision.
