@jeric0h1@be39459960@0xPepesso@grok He's not been fully out that whole time, it's a completely different game, he has so much money to move he has to frontrun and sell much sooner than normal investors.
your in with size but at a lower average entry, imo as you never really know what a token is going to do, it's almost always better to just deep bidask. my winrate is far higher in bidask positions than spot, maybe its a skill issue but alas. the recovery pump you need to profit is small compared to spot in most coins that turn unexpectedly to a down trend and even allows you to scalp 5-10% profits on a dying coin multiple times.
Many of us believe that we're already in a Bear Market.
Because of that, there's no point in buying and holding coins. Most probably, they will keep bleeding for some weeks/months.
Instead, you can stack Sol providing liquidity with @MeteoraAG. And you can do it on every market conditions.
So, what's the best strategy right now? This is my opinion... 👇🧵
try it, it's slower but much much harder to lose money as you only ever need a tiny pump on the down to gain like 2-3%+. pick decent memes that have community and your golden. the issue with deep spot is it's more brutal on picking the right coin, as you go deeper into spot you need a larger pump/flat time to recover.
@kotegnfts@Jajajakbtc have you ever tried 80% bidasks, it's extremely hard to lose money on them unless you end up greeding for high profits or picking hard rugs
@0xMrBeefman@MeteoraAG no obvious strategy and that much lp on a fresh ish I'm guessing wallet just screams they know that coin is wash trading and the areas that are active.
i did actually quite enjoy doing this as it did help me really drill down into the test strategy id recommend anyone no matter how well versed you are have a look over what you did at the end of the day.
im away for a few days and am happy with this strategy addition so will add it in and might start doing a 10/20/50-x sol challenge wallet, I cba with 1-x I don't have the willpower ha.
gn.
day 14
today:
-realised: +1.1564 sol
-profit vs net: +5.53%
-positions added: +111
total:
-realised: +7.0207 sol
-total return: +50.15%
-avg daily profit vs net: +2.79%
-7D rolling avg: +2.68%
-total positions: 1,621
-days green: 14 / 14
biggest day on the wallet so far so happy with that, strategy seems to be working nicely, will likely port it over to my main wallet and start using it.
id like to run it for another 2 weeks atleast to see the full outcome minus any variance but i've been enjoying doing this and looking over it at the end of the day helps spot flaws and issues so will likely carry it on after that as well.
i will keep the balance of the wallet to 20sol anything over ill be sending to another wallet as these test wallets i run on a different pc which isn't as secure as my main so dont like holding much on them.
gn.
day 14
today:
-realised: +1.1564 sol
-profit vs net: +5.53%
-positions added: +111
total:
-realised: +7.0207 sol
-total return: +50.15%
-avg daily profit vs net: +2.79%
-7D rolling avg: +2.68%
-total positions: 1,621
-days green: 14 / 14
biggest day on the wallet so far so happy with that, strategy seems to be working nicely, will likely port it over to my main wallet and start using it.
id like to run it for another 2 weeks atleast to see the full outcome minus any variance but i've been enjoying doing this and looking over it at the end of the day helps spot flaws and issues so will likely carry it on after that as well.
i will keep the balance of the wallet to 20sol anything over ill be sending to another wallet as these test wallets i run on a different pc which isn't as secure as my main so dont like holding much on them.
gn.
day 13:
today:
-realised: +0.7466 sol
-profit vs net: +3.61%
-positions added: +109
total:
-realised: +5.8643 sol
-total return: +41.89%
-avg daily profit vs net: +2.57%
-7D rolling avg: +2.77%
-total positions: 1,510
-days green: 13 / 13
2nd best day for the wallet so far, had $penguin come in as well as $clawd $EVA and farmed really well on $CUM & $PUPPY. minimal risk decent return.
gn.
@MPCrypto happens to the best, i found it best to run bid asks and don't use your usual sol deposit for longer ranges makes the mistakes easier to manage.
day 13:
today:
-realised: +0.7466 sol
-profit vs net: +3.61%
-positions added: +109
total:
-realised: +5.8643 sol
-total return: +41.89%
-avg daily profit vs net: +2.57%
-7D rolling avg: +2.77%
-total positions: 1,510
-days green: 13 / 13
2nd best day for the wallet so far, had $penguin come in as well as $clawd $EVA and farmed really well on $CUM & $PUPPY. minimal risk decent return.
gn.
day 12:
today:
-realised: +0.2368 sol
-profit vs net: +1.17%
-positions added: +148
total:
-realised: +5.1177 sol
-total return: +36.55%
-avg daily profit vs net: +2.49%
-7D rolling avg: +2.62%
-total positions: 1,401
-days green: 12 / 12
ive changed the numbers as yesterday actually ended up losing some it ended 0.47 rather than 0.70, i posted it prematurely.
tested the strategy on other ranges today, tested it on some lower mcap high volume coins that were <1m mcap, was terrible. Lost quite a lot on those but wanted to test it out. still a good day overall >1% vs wallet net, so still doing well in my eyes.
gn.
day 12:
today:
-realised: +0.2368 sol
-profit vs net: +1.17%
-positions added: +148
total:
-realised: +5.1177 sol
-total return: +36.55%
-avg daily profit vs net: +2.49%
-7D rolling avg: +2.62%
-total positions: 1,401
-days green: 12 / 12
ive changed the numbers as yesterday actually ended up losing some it ended 0.47 rather than 0.70, i posted it prematurely.
tested the strategy on other ranges today, tested it on some lower mcap high volume coins that were <1m mcap, was terrible. Lost quite a lot on those but wanted to test it out. still a good day overall >1% vs wallet net, so still doing well in my eyes.
gn.
day 11:
today:
-realised: +0.7003 sol
-profit vs net: +3.54%
-positions added: +183
total:
-realised: +5.1093 sol
-total return: +36.50%
-avg daily profit vs net: +2.72%
-7D rolling avg: +3.11%
-total positions: 1,253
-days green: 11 / 11
as i said yesterday i opened more positions to try and make more use of the capital, had too much just sitting there as dead weight. these are lower volume / slower position but still following exactly the same strategy.
gn.
day 11:
today:
-realised: +0.7003 sol
-profit vs net: +3.54%
-positions added: +183
total:
-realised: +5.1093 sol
-total return: +36.50%
-avg daily profit vs net: +2.72%
-7D rolling avg: +3.11%
-total positions: 1,253
-days green: 11 / 11
as i said yesterday i opened more positions to try and make more use of the capital, had too much just sitting there as dead weight. these are lower volume / slower position but still following exactly the same strategy.
gn.
day 10:
today:
-realised: +0.4143 sol
-profit vs net: +2.13%
-positions added: +91
total:
-realised: +4.4090 sol
-total return: +31.49%
-avg daily profit vs net: +2.64%
-7D rolling avg: +3.01%
-total positions: 1,070
-days green: 10 / 10
not a bad day today, as long as the wallet is >1% a day i think thats a really good return in the long run with compounding. it's only going to get harder as the wallet grows, so ill need to add some extra positions maybe some slower/longer term.
i dont really want to increase average position size at the moment as that really just increases risk, id rather fan out in more positions for now.
gn.
day 10:
today:
-realised: +0.4143 sol
-profit vs net: +2.13%
-positions added: +91
total:
-realised: +4.4090 sol
-total return: +31.49%
-avg daily profit vs net: +2.64%
-7D rolling avg: +3.01%
-total positions: 1,070
-days green: 10 / 10
not a bad day today, as long as the wallet is >1% a day i think thats a really good return in the long run with compounding. it's only going to get harder as the wallet grows, so ill need to add some extra positions maybe some slower/longer term.
i dont really want to increase average position size at the moment as that really just increases risk, id rather fan out in more positions for now.
gn.
day 9:
today:
-realised: +0.2688 sol
-profit vs net: +1.45%
-positions added: +120
total:
-realised: +3.9947 sol
-total return: +28.53%
-avg daily profit vs net: +2.70%
-7D rolling avg: +2.87%
-total positions: 979
-days green: 9 / 9
pretty bad day so glad i ended it in profit. was a bit late with the screenshot so can see day 10 already has a loss in it lol.
lost a decent amount on $hacker, opened some positions then got ganked irl and wasn't able to tend to them and got hit hard, rest of the day managed to claw it back from $penguin, $dont, $bgs, $xdoge, $gsd.
just hit a loss on $cjft, hit the strategy stop loss so cut it. better luck tomorrow.
gn.
day 9:
today:
-realised: +0.2688 sol
-profit vs net: +1.45%
-positions added: +120
total:
-realised: +3.9947 sol
-total return: +28.53%
-avg daily profit vs net: +2.70%
-7D rolling avg: +2.87%
-total positions: 979
-days green: 9 / 9
pretty bad day so glad i ended it in profit. was a bit late with the screenshot so can see day 10 already has a loss in it lol.
lost a decent amount on $hacker, opened some positions then got ganked irl and wasn't able to tend to them and got hit hard, rest of the day managed to claw it back from $penguin, $dont, $bgs, $xdoge, $gsd.
just hit a loss on $cjft, hit the strategy stop loss so cut it. better luck tomorrow.
gn.
day 8:
today:
-realised: +0.4653 sol
-profit vs net: +2.56%
-positions added: +144
total:
-realised: +3.7259 sol
-total return: +26.61%
-avg daily profit vs net: +2.85%
-7D rolling avg: +3.02%
-total positions: 859
-days green: 8 / 8
did a lot today on this wallet but also had a lot that fell through, still a good day all in all, mainly profits came from $land, $bfs, $testical, $memes and $penguin.
I will slightly move my "stop loss" to be slightly lower than what i currently do it at as ive noticed most that i cut around this level do end up being in a profitable position. will test it for a few days and adjust back if it doesnt work out.
gn.
Day 7
today:
-realised: +0.7426 sol
-profit vs net: +4.16%
-positions added: +96
total:
-realised: +3.2606 sol
-total return: +23.29%
-avg daily profit vs net: +2.89%
-7D rolling avg: +2.89%
-total positions: 715
-days green: 7 / 7
was quite busy today so supprised I managed to make 0.74 on this wallet today, got lucky with some high volume coins that turned a profit faster than usual.
also my total balance is actually higher than lpagent shows, mainly from reposisioning and taking profit on <0.01 so much that its added up but not displayed.
gn.