Brief Summary
This video discusses strategies for managing FOMO (fear of missing out) in the current cryptocurrency market, where many coins are experiencing significant pumps. The content creator shares their current trades, including Bitcoin, Ethereum, and Solana, and highlights new opportunities, particularly with SUI and Pepe. They emphasise the importance of sensible allocation, avoiding all-in strategies, and using trading strategies to manage risk.
- Managing FOMO by sensible allocation
- Current trades: Bitcoin, Ethereum, Solana, Pepe, XRP, SUI
- New opportunities with SUI and Pepe
- Using trading strategies to manage risk
Introduction: Dealing with FOMO in a Pumping Market
The video addresses the challenge of managing FOMO (fear of missing out) during a cryptocurrency bull run. It's difficult to resist the urge to go "all in," but the presenter advises caution, noting that panic selling during downturns is a common mistake. The video will cover current trades, potential opportunities, and strategies for navigating the market.
Current Portfolio and Recent Moves
The presenter discusses their existing allocations to Bitcoin, Ethereum, and Solana. They recently increased their Solana holdings by adding 50k to their bull market portfolio, a move that has proven successful as Solana has seen significant gains. They believe Solana was undervalued and is now catching up due to momentum from Ethereum.
Ethereum, XRP, and Pepe Trades
Ethereum is expected to continue its upward trend. The presenter is in a Pepe trade, with 50% of the target already achieved and the next target set at 1690. Their XRP trade is up 42%, and they plan to hold it without a specific target, anticipating further gains. They remind viewers that this is not financial advice, but rather a demonstration of their personal trading activities based on technical analysis.
New Opportunities: SUI
The presenter feels underexposed to SUI, a coin that hasn't pumped as much as others. They initially allocated 60K to SUI in their bull market portfolio and plan to add more. They aim for a more balanced allocation, avoiding an all-in approach. While Ethereum and Solana have seen substantial gains and are potentially overbought, SUI still has considerable upside potential.
Executing a SUI Trade
The presenter is entering an individual SUI trade, capitalising on its proximity to a support level. They are setting a bold take profit target at 6.87, aiming for nearly a 100% gain. Using 10x leverage, this could result in a substantial profit. The presenter acknowledges the risk and the possibility of the trade going against them, but proceeds with the trade using their trading strategies, which include a built-in exit strategy.
Adding to the Bull Market Portfolio: SUI and Pepe
The presenter is adding to their bull market portfolio, focusing on SUI and Pepe. They are adding 90K to SUI to bring the total allocation to 150K, and 50K to Pepe, also bringing its total to 150K. These allocations are based on the belief that both coins have significant potential. The strategy involves using 3x leverage, with reserved USDT funds to buy dips, eliminating the need to time the market perfectly.
Strategy Overview and Exchange Recommendations
The presenter reviews their bull market portfolio strategy, noting that while the total funds in the strategy are 450K (due to 3x leverage), only 320K has been used to buy assets, with the remainder reserved for buying dips. They recommend using their top exchanges, Pionex, WOOX, and Tapbit, and provide links in the description for claiming bonuses. They also offer links to their trading strategies for experienced traders.
Final Thoughts and Disclaimer
The presenter concludes by highlighting the positive market trends, with Solana, Doge, and Pepe all showing strong performance. They reiterate their entry into a SUI trade, targeting a breakout. They remind viewers to do their own research and be aware of the risks involved in trading. They also add a take profit for the SUI trade at 6.87, projecting a significant gain.
