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.
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.
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.
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.