Jiang Zhuoer, founder of BTC.TOP mining pool, said in a post that after several months of trading, his coin-denominated return had reached 34%, while his USDT-denominated profit stood at 92%, close to doubling. He said the key factors behind the gains were position sizing, trading execution and token selection. Jiang also wrote that traders need to be involved in the market to truly feel shifts in sentiment. On positioning, he described the current phase as a bull market cycle and said his default stance is a fully allocated ETH spot position. While he has opened several short trades recently, he said the more important part of his strategy is to stay fully invested in spot holdings over the long term. According to his post, those short positions are mainly used to protect spot exposure after price increases and to reduce drawdowns during pullbacks.
According to ChainCatcher, BTC.TOP mining pool founder Jiang Zhuoer said in a post that after several months of trading, his coin-based return had reached 34%, while his USDT-based profit had climbed to 92%, nearly doubling.
Jiang said the key to profitability lies in position sizing, trading and token selection. He also wrote that market sentiment has to be experienced through actual participation in trading.
He described the current market as a bull cycle and said his default position is fully allocated to ETH spot. Although he has made several short trades recently, he said the more important part of his approach is to remain fully invested in spot holdings for the long term. In his view, short positions mainly serve to protect spot exposure after gains and reduce drawdowns on the way down.
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