Learn how to improve your strategy with my 5-step method before the bull run ends.
Read this thread to learn more. 🧵
I. Make sure to hold at least 75% of your portfolio in
BTC during the market's
BTC season.
This ensures that whenever
BTC sells off, the effect on your portfolio is minimal.
It has become clear that when
BTC slips, you can lose up to 90% of your altcoin portfolio in a few days or weeks, but if you hold
BTC, this won't affect you as much.
II. Don't be afraid to sit in stablecoins whilst you wait for a market stabilisation or clear trend.
Sitting in stablecoins is great because it shows you have patience, and if you don't have patience, you will FOMO in at the top and then get wrecked on a small
BTC pullback.
Many great protocols offer good APYs on USDC or USDT, especially in the
SOL and
SUI ecosystems.
For example,
NX from NX Finance
III. Constantly look for new trends and narratives forming!
Your ability to research projects well is the difference between catching a 100x and losing 80% of your portfolio.
Some good tools to research are:
1. CoinMarketCap or Coingecko to observe new trends and emerging tokens in different sectors.
2. Tokenomist AI to observe the vesting schedules and upcoming unlocks of a token to avoid being a VC's exit liquidity.
3. Grok to summarise whitepapers and specific sections to save you time from reading long, boring docs.
IV. Look for strong, resilient altcoins during
BTC pullbacks.
As bad as
BTC pullbacks can be for altcoins, this is really where the greatest opportunities are found.
Whenever there is FUD around a coin and an extended
BTC pullback, like what happened recently with
HYPE, it creates an opportunity to buy a project at a 'discount'.
Even if you buy a bad project, you can profit greatly from it if you buy it 'cheap'.
Buying altcoins at major high-time-frame supports is a great way to hedge against the risks of losing 90% on them.
V. Unless you have a strategy, avoid memecoins and airdrops.
For the most part, they are a waste of time and will never give you long-lasting returns or an advantage in the markets.
Instead, focus on building up a portfolio that generates cash flow and doesn't leave you regretting entering crypto in the first place by following steps I-IV.
I've been CryptoJayTrades, I hope this has been helpful.
Check the link in my bio to get a free portfolio tracker to see how well you are really doing this bull run!
Read this thread to learn more. 🧵
I. Make sure to hold at least 75% of your portfolio in
This ensures that whenever
It has become clear that when
II. Don't be afraid to sit in stablecoins whilst you wait for a market stabilisation or clear trend.
Sitting in stablecoins is great because it shows you have patience, and if you don't have patience, you will FOMO in at the top and then get wrecked on a small
Many great protocols offer good APYs on USDC or USDT, especially in the
For example,
III. Constantly look for new trends and narratives forming!
Your ability to research projects well is the difference between catching a 100x and losing 80% of your portfolio.
Some good tools to research are:
1. CoinMarketCap or Coingecko to observe new trends and emerging tokens in different sectors.
2. Tokenomist AI to observe the vesting schedules and upcoming unlocks of a token to avoid being a VC's exit liquidity.
3. Grok to summarise whitepapers and specific sections to save you time from reading long, boring docs.
IV. Look for strong, resilient altcoins during
As bad as
Whenever there is FUD around a coin and an extended
Even if you buy a bad project, you can profit greatly from it if you buy it 'cheap'.
Buying altcoins at major high-time-frame supports is a great way to hedge against the risks of losing 90% on them.
V. Unless you have a strategy, avoid memecoins and airdrops.
For the most part, they are a waste of time and will never give you long-lasting returns or an advantage in the markets.
Instead, focus on building up a portfolio that generates cash flow and doesn't leave you regretting entering crypto in the first place by following steps I-IV.
I've been CryptoJayTrades, I hope this has been helpful.
Check the link in my bio to get a free portfolio tracker to see how well you are really doing this bull run!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.