Spot ETH entry at 1750 for the third position was perfect
First position entered on January 31 at 2620 with 50,000 bucks for 19 ETH
Second position entered on February 4 at 2177 with 100,000 bucks for 45.9 ETH
Third position entered on June 4 at 1750 with 150,000 bucks for 85.7 ETH
【Currently holding a total of 151 ETH at an average price of 1990】
I’ve always stressed that when ETH starts bottom fishing, the price range for adding to positions should definitely be over 400 bucks. Only then does it make sense to lower the average price with these additions.
From the first position at 2620 to add to the second position at 2177
【2620-2177= price range 443】
From the second position at 2177 to add to the third position at 1750
【2177-1750= price range 427】
In the end, the average price was pulled down to 1990, which is a perfect price for me. There are no gods in this market, and there’s no real bottom. I can’t possibly buy at the lowest price (even if I did, it would just be luck). I’m using the most stable and safest strategy: first allocating my capital properly, then patiently waiting for bottom-fishing opportunities, and gradually building up my position to stockpile at every low price. By adding to my position at each low, I can lower my average price and hold more chips. Only by doing this can our average price remain close to the bottom price! Just like this time, if 1750 is really the bottom, my average price of 1990 means a difference of 240 from the bottom. Do you think that’s any different from buying at the bottom? This price is truly perfect! Now let’s see how long it takes to double to 4000.
If it drops, add to positions; if it rises, make profits. If it continues to drop, the price for the fourth position will be around 1300-1350. Don’t always think you can get rich overnight by going in heavy because you can easily get trapped at the peak, especially new traders with weak mentalities who tend to play the risky game of chasing highs and cutting losses.
To make steady profits in the crypto world, you must understand capital allocation and position management! Prepare sufficient bullets (capital) before the bear market hits, and then patiently wait for bottom-fishing opportunities, gradually building positions and stockpiling. No matter how many positions you can enter in the end, if it goes up, aren’t we making money? If you haven’t used up all your capital, that’s fine; at least your bullets are still intact, and you’re not at a loss! Since you haven’t fully deployed, it means you’re profiting from the rising trend. If the market continues to pull back, you can still add to your position.
The prerequisite is… to avoid contract leverage and avoid meme coins.
Only buy mainstream spot assets like BTC, ETH, SOL, BNB, etc… As long as you do this with enough patience, making money is just a matter of time.
First position entered on January 31 at 2620 with 50,000 bucks for 19 ETH
Second position entered on February 4 at 2177 with 100,000 bucks for 45.9 ETH
Third position entered on June 4 at 1750 with 150,000 bucks for 85.7 ETH
【Currently holding a total of 151 ETH at an average price of 1990】
I’ve always stressed that when ETH starts bottom fishing, the price range for adding to positions should definitely be over 400 bucks. Only then does it make sense to lower the average price with these additions.
From the first position at 2620 to add to the second position at 2177
【2620-2177= price range 443】
From the second position at 2177 to add to the third position at 1750
【2177-1750= price range 427】
In the end, the average price was pulled down to 1990, which is a perfect price for me. There are no gods in this market, and there’s no real bottom. I can’t possibly buy at the lowest price (even if I did, it would just be luck). I’m using the most stable and safest strategy: first allocating my capital properly, then patiently waiting for bottom-fishing opportunities, and gradually building up my position to stockpile at every low price. By adding to my position at each low, I can lower my average price and hold more chips. Only by doing this can our average price remain close to the bottom price! Just like this time, if 1750 is really the bottom, my average price of 1990 means a difference of 240 from the bottom. Do you think that’s any different from buying at the bottom? This price is truly perfect! Now let’s see how long it takes to double to 4000.
If it drops, add to positions; if it rises, make profits. If it continues to drop, the price for the fourth position will be around 1300-1350. Don’t always think you can get rich overnight by going in heavy because you can easily get trapped at the peak, especially new traders with weak mentalities who tend to play the risky game of chasing highs and cutting losses.
To make steady profits in the crypto world, you must understand capital allocation and position management! Prepare sufficient bullets (capital) before the bear market hits, and then patiently wait for bottom-fishing opportunities, gradually building positions and stockpiling. No matter how many positions you can enter in the end, if it goes up, aren’t we making money? If you haven’t used up all your capital, that’s fine; at least your bullets are still intact, and you’re not at a loss! Since you haven’t fully deployed, it means you’re profiting from the rising trend. If the market continues to pull back, you can still add to your position.
The prerequisite is… to avoid contract leverage and avoid meme coins.
Only buy mainstream spot assets like BTC, ETH, SOL, BNB, etc… As long as you do this with enough patience, making money is just a matter of time.