This is GCR – the best crypto trader to ever exist. He turned $1k into $1 billion by trading alts. Yesterday, he said that altszn is coming. I spent hours analyzing his tweets, and here’s his trading strategy: the key to ur first million this altseason
Before I begin, I have a favor to ask… I spent a lot of time writing this thread, trying to make genuinely useful for you, so if it’s not too much trouble, please bookmark it, retweet, leave a comment, or simply hit like
@GCRClassic, GRC, or Giant Cassock Revival, is a man who: • has consistently been ranked in FTX’s Top Traders leaderboard • has made 1+ billion from $1k on crypto Yesterday, he tweeted that now is the best time to enter the market.
This is a clear hint that he believes in the upcoming altseason, which means we need to be ready, and he is exactly the person to learn from. So I spent many hours meticulously dissecting his strategy to make it more accessible to everyone, even beginners. Here it is:
Disclaimer: I’ll likely make my profile private soon, so make sure to follow me and bookmark the first tweet, so you won’t lose it later.
1/➮ Buy the rumours, sell the news
✧ “Ironically, the best bullish path for $DOGE would have been if Musk didn’t integrate it into Twitter but simply mentioned it, joked about it, etc.,” says GCR.
✧ It was a pretty solid plan, and many who saw these hints made millions
✧ Hence the rule: buy the rumors when few people know about it, and sell the news when attention is already at its peak, not vice-versa
2/➮ “Within alt cycles, you should crank up risk when the trend first reverses, and begin to gradually protect capital as time passes”
✧ People always seem to do the opposite.
✧ So, follow the trends, and take risks when they first emerge, not when it has already given 100x.
3/➮ New coins > old coins
✧ GCR believes that new tokens are better than old ones, and here’s why New tokens are: – Full of hope – Lacking bagholders – The team is still hungry
✧ So instead of trading tokens with $billions MC, it’s better to look for new opportunities
4/➮ The market reacts to news > Validity of this news
✧ When news impacts the price, market players often fixate on whether it’s true or not true.
✧ “More often than not, the actual veracity of the headline is immaterial,” GCR believes.
✧ So always look at how the market reacts to the news, rather than the news itself
5/➮ Cut your losses and let ur winners run
✧ “GCR recommends thinking of ur deals like prizefighters rather than coins; winners win and losers lose.
✧ Yet for some reason, many still do the opposite.
✧ “So cut your losses fast and let your winners trade live,” GCR advises.
6/➮ Round numbers are “Schelling points”
✧ For some reason, round numbers often become points of even greater growth
✧ GCR says that hard round numbers are obvious convergence points on nebulously valued, reflexive assets; respect the Schelling point. Just keep it in mind
7/➮ Fix profits
✧ “Wealth isn’t wealth until it’s realized,” says GCR.
✧ Remember that profit is what you’ve already withdrawn into stables or fiat
✧ Volume > MC = bear signal ✧ I prefer to lock in profits in stages, at 20%-30%-50%, but it depends on your portfolio
8/➮ Focus on narrative
✧ Here’s a popular phrase used by GCR: “He who chases two rabbits catches neither”
✧ Try to focus on one narrative/thing that is currently popular, make money there, and move on You won’t make money trying to juggle 10 topics at once
9/➮ Airdrops are your key when you have a small portfolio
✧ GCR believes that the best thing you can do in crypto with a small capital is to farm airdrops. Here is the ultimate playbook on how to farm all 2024 airdrops:
10/➮ Holding > Trading
✧ In his last tweet before stepping away in 2023, GCR declared that the money printing won’t stop and eventually holders will outperform traders “ETH at 10k is one day programmed.” – This is what he said
🚀 加密交易传奇GCR分享了他如何将1千美元变成10亿美金的秘密！🌟 我们可以学到：
- 买传言，卖新闻： 时机是一切。
- 选择新币： 它们充满潜力，背包者更少。
- 市场反应 > 新闻的真实性： 关注市场趋势，而非仅仅是新闻。
- 学会保护利润： 分阶段确保收益（提盈并持有稳定币），并重视重要心理关口。
🔍 深入了解他的策略，为下一个山寨币季节做准备。准备在加密市场赚取你的第一百万美金了吗？💸 #加密货币交易 #准备迎接山寨币季节
