This guy is incredible! He made nearly 100,000 U from 21USD in a single week.
Looking at his trades, I can see a few key takeaways:
1. His first profit came from a long position in #MYX, earning $383 USD, bringing his total capital from $21USD to $400 USD.
2. He continued to long MYX during the pullback, using $127USD instead of $400 USD. This shows his money management strategy; he wasn't just blindly going all-in. It also reveals his financial woes; he likely needed funds to protect his previous profits. His profit was $1,353 USD.
3. He traded other cryptocurrencies midway, incurring a slight loss, and decisively cut his losses.
4. He returned to MYX, this time using $533 USD in margin, opening a position at 0.41 and closing it at 0.75, earning a profit of $8,187 USD.
5. He continued trading other cryptocurrencies midway, suffering a slight loss.
6. Continue long on MYX after a pullback to 0.65, gradually increasing your position, using a maximum margin of $1,000. Close your position at 1.01, making a profit of $10,000.
In subsequent trades, I gradually increased my position, using no more than $1,000 in margin. Currently, I'm actively reducing leverage on a single $MEMEFI future (MEMEFIUSDT) trade.
All profits primarily come from MYX and MEMEFI. Throughout this process, you can see his disciplined fund management strategy, including gradually increasing positions and reducing leverage once funds have reached a certain level.
Of course, the most important thing is market sensitivity and investing in the hottest coins. $MYX future (MYXUSDT)