Dankan
1.6K posts

Dankan
@Dankan3d
Hunter | @NoMoreLiquidity | @villagersdao



Perhaps it is time for an update The wallet is currently at ~250 SOL (slightly more, holding a few coins). I'll continue grinding this one out until 1000 SOL, hopefully $1M eventually Here are some insights/lessons/thoughts so far: - Hardest part was the start (<20 sol). You are constantly anxious not to blow up, yet you don't want to go too small on a trade for an irrelevant gain. What worked best was 0.5 sol buys, flip for x3, onto the next trade. I only doubled down when the price was going UP, not DOWN (don't double down on a losing trade). - My biggest losses came from not being locked in. You can't be loosey-goosey with your trades. You must ALWAYS be present and ready to tp/cut - When you get into a big trade, just focus completely on it. For me that was $gork that I caught at $400K with a good size relative to my portfolio at the time. I cooked at first but got cooked in the coming days when my focus shifted to other coins (this is my most profitable trade on the account, regardless). - As much as people like to hate on the new KOLscan kids, some of them are actually pretty good and talented. Hate them or love them, you can learn from them. You should study their game, especially if you are with a low port. When there are no huge runners they will be the traders that outperform but usually it's crypto-natives that cook the hardest on big runners (idk how relevant this info is for your growth, ig just don't get tilted when you have a red day and the KOLscan kids are +100 sol on the day). Also, get rid of the cope that "they are only making money because they rinse copy traders". That's partly true, but not completely. If you trade alone I would advise you to hop on some of these kids' streams when you are trading and just listen to what they are discussing and aping because you might miss something being on your own (ofc don't ape 90% of the coins they buy but look for outliers) My final reflection is that I was lucky with my timing with this challenge but it's important to note that you can STILL make it. My game is FAR from perfect, hell, I was giga rusty at the start, and I still feel rusty. If I had played things right this wallet would've been at 1K SOL but woulda-coulda-shoulda should not concern you. You have to be present every day, no days off. On slow days just monitor, look for new wallets to track, scan CT for new info, size down (size down especially when you are losing confidence). Small wins compound, so do losses. Limit losses at the cost of profits, don't be a gambler. This was my initial idea when starting this challenge - to show that you can gradually make it and you don't have to hit a home run with your full port to do it. Hopefully things continue to go well and you guys can use this as inspiration Moving forward, capital preservation remains the number 1 priority, at the cost of potential profits. I don't like sizing in plays, but I won't have to worry about that if I'm always early Wallet remains in the shadows for now















