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My #HMSTR grew from $50k to $100k, then dropped to $30k, and now itโs back to $70k.
Have you ever been through something like that?
If you have, congratulations. Youโre very brave
RISK MANAGEMENT IS MORE IMPORTANT THAN PROFITS.
ONLY INVEST WHAT YOU CAN AFFORD TO LOSE.
GOOD CAPITAL MANAGEMENT WILL KEEP YOU IN THE GAME LONG ENOUGH TO CATCH THE NEXT 10X.
IF YOU CANโT HANDLE A -50% DRAWDOWN, DONโT EXPECT TO CATCH A 10X WINNER.
The biggest profits DONโT COME FROM BUYING THE PERFECT BOTTOM.
They come from HAVING THE PATIENCE TO SURVIVE THE SHAKEOUT.
AND DONโT FORGETโฆ
Sometimes they cut the price in half, sometimes by 70%, 80%, or even 90%.
Go look at the charts of #RAVE or #LAB before their big rallies. Youโll understand what Iโm talking about.
Everyone wants a 10X or 100X return, but VERY FEW PEOPLE can even tolerate a 50% drawdown.
DO YOU STILL REMEMBER #HTSMR?
When I first called it, the price was around $0.23.
Just 2 days later it pumped to $0.53, almost a 2X.
I DIDNโT TAKE PROFIT.
Later it dumped all the way to $0.15.
Today #HMSTR is back around $0.25, and Iโm up nearly 10%.
IโM STILL HOLDING because my target hasnโt changed.
This is exactly why I ONLY BUY SPOT for small-cap coins like #INX, #AIN, and #JCT.
Most shitcoins DONโT GO STRAIGHT to 10X or 100X.
Before they make the real move, market makers usually SHAKE EVERYONE OUT first.
DO YOU STILL REMEMBER #HTSMR?
When I first called it, the price was around $0.23.
Just 2 days later it pumped to $0.53, almost a 2X.
I DIDNโT TAKE PROFIT.
Later it dumped all the way to $0.15.
Today #HMSTR is back around $0.25, and Iโm up nearly 10%.
and the idea is to add on the way up in case we go higher. This short is still small size so I would love to get a bigger position.
In the meantime Iโll take any other good trade opportunity.
Like for the next trade.
I could close this short right now and make it the 30th winning trade in a row but this isnโt the plan.
Will hold it for now for the case that we revisit range lows from here (not what I expect but wouldnโt be bad for me),
I could close this short right now and make it the 30th winning trade in a row but this isnโt the plan.
Will hold it for now for the case that we revisit range lows from here (not what I expect but wouldnโt be bad for me),
This is my only holding position now.
Iโm $HYPE short since some days ago as you may know.
$BTC just hit 62k and got rejected, nothing too ugly but uncertain territory for now.
Thatโs why, from now on, I wonโt publicly mention token names anymore. Even with $NOM, I never directly told anyone to buy I only dropped hints.
Going forward, Iโll only share charts on X without revealing the token name.
but millions of dollars of new positions suddenly flood in after my post, the market dynamics can change. Weโve seen similar situations with $SNY and $NOM. In the short term, they moved against my view, but a few days later they made huge moves.