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📅 July 3, 7:00 – July 9,
As a trader with over ten years of investment experience, I have gradually realized the key role of long-term holding strategies in investing. This perspective has become increasingly clear in recent years.
Looking back a few years ago, I opened a trading position in Dogecoin (DOGE) with ten times leverage and set a ten times take profit, equivalent to a potential return of 90 times. However, just two weeks later, I closed this position. Unfortunately, in the following six months, the price of DOGE increased by 20 times. If I had held on, I could have achieved my expected profit target.
A similar situation occurred again in PEPE coin trading. I opened a 5x leveraged position in its early stages and set a 10x take profit. However, when the price rose 4 times, I chose to exit. Later, the price of PEPE continued to climb, eventually reaching a 12x increase. If I hadn't exited too early, this trade could have brought me profits of up to 1 million.
These experiences have deeply made me realize the importance of a long-term holding strategy and the regrets that may come from exiting too early. Therefore, for the current AI token projects, I have decided to adopt a more resolute long-term holding strategy. My goal is to increase the holding price to 1 to 1.5 times the initial unit. Even in the face of temporary market fluctuations, I will stick to not closing my positions, and at most, I will just appropriately increase the margin to maintain my positions.
These lessons teach us that in the cryptocurrency market, patience and persistence often lead to greater rewards. Of course, this strategy also comes with higher risks, so conducting thorough research and risk management remains crucial.