Just got home and glanced at the market—the price action is so flat it’s making me yawn.
I cashed out today’s grid profits, but it’s pitifully little. With such low volatility, the grid strategy just can’t generate any real profit. I did try two small grid longs on LUNA with a tiny amount, and surprisingly doubled it, but I only dared to put in that little—after all, the risk of going to zero is always there, so there’s no way I’d go all in.
The current situation is pretty tricky: major coins are as steady as old men, while altcoins are ticking time bombs. Figuring out how to run grid strategies on alts still feels like trial and error… I’ll probably need to hit a few more pitfalls before I really get the hang of it.
How do you guys set up your grids for altcoins? Any tips or experiences to share?
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Just got home and glanced at the market—the price action is so flat it’s making me yawn.
I cashed out today’s grid profits, but it’s pitifully little. With such low volatility, the grid strategy just can’t generate any real profit. I did try two small grid longs on LUNA with a tiny amount, and surprisingly doubled it, but I only dared to put in that little—after all, the risk of going to zero is always there, so there’s no way I’d go all in.
The current situation is pretty tricky: major coins are as steady as old men, while altcoins are ticking time bombs. Figuring out how to run grid strategies on alts still feels like trial and error… I’ll probably need to hit a few more pitfalls before I really get the hang of it.
How do you guys set up your grids for altcoins? Any tips or experiences to share?