Date: 10.10 — Dong Ge’s long-term picks: tracking update
#pons Recommended entry: 0.61, five-tranche position. The price is now around 0.35, down 42%, and it’s been shaken out pretty badly.
Target price: 1U (no stop-loss for long-term coins)
Update since entry: UP pumped today, but then dropped back to where it started. We’re all stuck in our positions anyway, so let the market makers keep shaking us out—the more they shake, the cleaner it gets. I don’t believe you won’t pump it. Unless the market drops another decimal place, I’ll admit defeat; otherwise, I’m holding on till the end.
#牛来 Recommended entry: 0.1, five-tranche position. The price is now around 0.078, down 22%, and it’s also been shaken out badly.
Target price: 1.5U (I’ll sell if it drops to 0.05)
Update since entry: With the bull run here, there’s not much hype left for it. The buzz has died down, and the market makers haven’t made a move. It’s basically been left to fend for itself. We’re all stuck in our positions anyway, so we’ll just ride it out over time. As a Chinese meme coin, I don’t believe it can really be this bad.
I’ll post daily updates on these two long-term picks. We’re temporarily stuck in our positions, but once trading volume picks up, they could see an unexpected pump!
#pons Recommended entry: 0.61, five-tranche position. The price is now around 0.35, down 42%, and it’s been shaken out pretty badly.
Target price: 1U (no stop-loss for long-term coins)
Update since entry: UP pumped today, but then dropped back to where it started. We’re all stuck in our positions anyway, so let the market makers keep shaking us out—the more they shake, the cleaner it gets. I don’t believe you won’t pump it. Unless the market drops another decimal place, I’ll admit defeat; otherwise, I’m holding on till the end.
#牛来 Recommended entry: 0.1, five-tranche position. The price is now around 0.078, down 22%, and it’s also been shaken out badly.
Target price: 1.5U (I’ll sell if it drops to 0.05)
Update since entry: With the bull run here, there’s not much hype left for it. The buzz has died down, and the market makers haven’t made a move. It’s basically been left to fend for itself. We’re all stuck in our positions anyway, so we’ll just ride it out over time. As a Chinese meme coin, I don’t believe it can really be this bad.
I’ll post daily updates on these two long-term picks. We’re temporarily stuck in our positions, but once trading volume picks up, they could see an unexpected pump!