When To Sell Altcoins For MAX Profits - Full Exit Plan!

No Bs Crypto

Summary of Crypto Trading Strategy

The speaker discusses a crypto trading strategy focused on safe and profitable exits. Key points include:

  • Most people lose money in crypto due to greed and poor exit strategies
  • The goal is to make the most money possible while minimizing risk
  • A "GGR zone" system is used, which includes green, gray, and red zones for selling
  • The green zone is the safest area to sell, with the gray zone as a buffer and the red zone as the riskiest
  • The strategy involves setting multiple sell levels, with the first level being 25% below the intended sell price
  • The goal is to have all initial investment back, plus some profit, by the second sell level
  • The strategy also involves using a trailing stop or take profit levels to maximize gains
  • Single cycle compounding is discussed, where a portion of profits from one coin are invested in another coin in a different narrative
  • This strategy requires experience and caution, as it can be risky if not done correctly

Key Takeaways

  • Set multiple sell levels to minimize risk and maximize gains
  • Use a GGR zone system to determine the best times to sell
  • Consider using a trailing stop or take profit levels to maximize gains
  • Be cautious when using single cycle compounding, and only invest in quality coins
  • Join a community or seek guidance to fast track your knowledge and improve your trading strategy

Important Terms

  • GGR zones: Green, gray, and red zones used to determine the best times to sell
  • Trailing stop: A stop loss that adjusts as the price moves
  • Take profit: A level at which to sell a portion of a holding to lock in profits
  • Single cycle compounding: Investing a portion of profits from one coin into another coin in a different narrative
  • Weighted average: The average price of a holding, taking into account multiple buy and sell prices