Date: 10.11 Dongge’s long-term coin tracking
#pons Recommended entry price: 0.61, five-tranche position. The price is now around 0.366, down about 40%; the shakeout has been brutal.
Target price: 1U (no stop-loss for long-term coins)
Update after entry: The market maker keeps shaking people out. The more they shake people out, the cleaner the holder base gets. I don’t believe you won’t pump it—unless the market drops another zero, in which case I’ll admit defeat. Otherwise, I’ll hold on until the end.
#牛来 Recommended entry price: 0.1, five-tranche position. The price is now around 0.0820, down about 18%. Still holding. Once trading volume picks up and the market maker pumps it, we’ll get back to break-even and see unrealized gains.
Target price: 1.5U (no stop-loss for long-term coins)
Update after entry: It’ll take a little while for the bull market to arrive, and for consolidation. Chinese meme coins all follow the same pattern: one day, they suddenly pump. Once the bottom has consolidated and the shakeout is over, we’ll get back to break-even and see unrealized gains.
I’ll update these two long-term coins daily. We’re temporarily underwater, but once trading volume picks up, there could be an unexpected pump!
#pons Recommended entry price: 0.61, five-tranche position. The price is now around 0.366, down about 40%; the shakeout has been brutal.
Target price: 1U (no stop-loss for long-term coins)
Update after entry: The market maker keeps shaking people out. The more they shake people out, the cleaner the holder base gets. I don’t believe you won’t pump it—unless the market drops another zero, in which case I’ll admit defeat. Otherwise, I’ll hold on until the end.
#牛来 Recommended entry price: 0.1, five-tranche position. The price is now around 0.0820, down about 18%. Still holding. Once trading volume picks up and the market maker pumps it, we’ll get back to break-even and see unrealized gains.
Target price: 1.5U (no stop-loss for long-term coins)
Update after entry: It’ll take a little while for the bull market to arrive, and for consolidation. Chinese meme coins all follow the same pattern: one day, they suddenly pump. Once the bottom has consolidated and the shakeout is over, we’ll get back to break-even and see unrealized gains.
I’ll update these two long-term coins daily. We’re temporarily underwater, but once trading volume picks up, there could be an unexpected pump!