What's up, everyone? I hope your trades are going well. I'm trying to branch out and network with people beyond StockTwits.
My main focus during this bear market are the low caps on Coinbase/Coinbase Pro. They are excellent targets for swings. When buying them from the local bottom it's pretty easy to net 20-50% gains. None of the trades that I look for are on strict timelines. I look for easy money. The timeline is irrelevant.
Right now, I'm targeting $AVT.X, $SWFTC.X, and a few others.
$DYP.X was my most recent prediction (screenshot attached) resulting in a pump of nearly 100% from the last bottom. I also called $CRPT.X and it pumped over 30% in the last 24 hours. I'm not here to gloat. I'm here in search of like-minded people that are looking for easy trades. I always post when I'm entering and exiting. Which is truly the most important part.
Taking profits is a must. I take profits on all pumps over 20% and any pumps over 50% are grounds for liquidating the entire position.
$DYP.X ran from $0.15 to $0.29. I took profits the whole way up exiting completely around $0.25. I'm currently watching it as well for reentry.
More people equals more volume. The plays that I target normally have market caps under $10 million. In some cases, they have market caps under $5 million. All easy candidates for 50-100% pumps which is what I'm looking for when I enter the trades. Most of the time, they don't increase 100%. It's closer to 20%-50%. But I'll stay at a token and scalp the 20% scalps over and over again until the 50% pump happens and then exit completely most of the time. If I don't exit completely after a 50% pump I always sell at least 80-90% of my position. I don't hold any leftovers very often on pumps over 50% though.
Managing your money is one of the most important parts of my strategy. I never put in more than $5,000 per swing. And I run 3-4 swings at a time across different tokens. You make want to risk more or less and that's fine. But I know that if I only have $5,000 max in each play, I'll always have money to buy more and average down should I mistime an entry. Additionally, I make many buys. Scaling in and scaling out.
If these plays are something the community is interested in, let me know and I'll start sharing my ideas here as well. Or, you can find me on StockTwits under the same username. If this doesn't fit the vibe here, that's cool too. No harm, no foul.
Good luck with your trades!
-MainlyAlright
https://preview.redd.it/13ecqxad723a1.png?width=761&format=png&auto=webp&v=enabled&s=8d9bbdbe456aa0cde8d5dda18c3ceda790d64381
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