Using the same strategy again, open a position on hyperliquid for $BTC. After buying 30% at the high point, continue to dollar-cost average every 10 minutes throughout the day. A total of 3 wallets were used, two have already been secured, and one continues to run. Thanks to the new high for BTC. The long-term large position remains unchanged, while short-term profits continue to be earned from the trend.
This week, I traded $BTC with 40X leverage on @HyperliquidX for 5 consecutive days (also traded $ETH, $SOL, $LINK, and a few other assets) with a total of 5 short trades, averaging about one day per position. I had 3 trades close to +100% take profit, and the other two were just under +50% take profit. I was extremely lucky. Looking back, here are a few key takeaways: * See the trend, believe in the trend. Have a clear judgment of the market and ignore the noise from the market and social media; the basis for profit is that the trend this week was very smooth; * Try not to set stop losses too close to the current price, as price changes quickly, and recent stop losses can easily erode the principal. Control the Liquidation Price below the starting point of each upward trend; * Only take a bullish stance, keeping the rhythm of opening positions in sync with the trend; * Clear all positions at the top of the local range decisively, take profits, and transfer profits separately, not participating in the next round of trading; * To prevent missing out on profits, after clearing and transferring profits, reset the strategy, immediately rebuild 30% of the position, and then start dollar-cost averaging, intensively filling the position within the next 12-24 hours; basically, you can buy back the entire position at relatively low points; * Set up multiple wallets. Once the Liquidation price of the first wallet approaches the current support level of the range, do not add or reduce positions, but start building positions at the low point with a new wallet, repeating the dollar-cost averaging buying action (for example, buying every 10 minutes). This way, the average buying price, position, and Liquidation price of different wallets will vary, creating a gradient; prepare at least 3 wallets for each cryptocurrency. When taking profits, all wallets take profits simultaneously; * I was very lucky to find the Insilico Terminal tool that supports multi-account management for hyperliquid, which allows for clear management of positions across multiple wallets, truly convenient; Overall, the strategy and operations are secondary; 90% still relies on luck. This time, I changed my mindset, no longer simply rolling over positions, but rather because I lost confidence after being tossed around by the early market movements of 2025, I switched to high leverage, short-term trend capturing, following the rhythm of price changes, taking profits when reaching a certain level, and immediately entering the next trade, finding the rhythm of local price movements, and repeating the cycle. nfa.
Why not just hold on to it? Isn't HODL the strategy with the highest overall returns? Why sell and then buy back immediately? Because, on one hand, I don't want to experience a pullback and a rollercoaster ride, and on the other hand, it allows for more liquidity, and profits can be switched to the US stock market. The cost of this is that the liquidation price of the position becomes higher, but currently, the $BTC market is unlikely to easily break below the recent low points from the past 1-2 days, or what we call the support level. So, it's a win-win situation.
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