ONE Friend go into the cryptocurrency market in 2016 and experienced the extraordinary bull market of 2017. Starting with an initial investment of $120,000, his portfolio skyrocketed to over $9 million at its peak. Two notable investments were GXS, acquired during a private placement with 3 BTC (valued at $7,000 each at that time), which opened at a valuation of $2.5 million, and Ant (later rebranded as NEO), where he purchased 12,000 coins that peaked at over $900 each, cumulatively exceeding $9 million.

Feeling unstoppable and aiming for an ambitious target of $90 million, he grew overconfident. However, the market turned bearish in 2018. His portfolio, now heavily loaded with lesser-known coins, suffered significant losses. This period of adversity led to deep introspection and a realization that market dynamics are indifferent to individual pain.

Through this challenging phase, he learned two crucial lessons. First, his success in 2017 was not due to exceptional skill but rather the favorable market conditions. He was fortunate to ride the wave of a booming market. Second, effective fund management is paramount: strategies suitable for smaller funds are not appropriate for larger sums and can result in substantial losses.

After reassessing his approach, he shifted his focus to $BTC , $ETH , and $USDT, divesting most of the lesser-known coins. Having navigated both bull and bear markets, his strategy is now more balanced. With the market showing signs of an upward trend again, he prioritizes taking profits and reconfiguring his portfolio rather than chasing extravagant gains. He remains confident in the future of cryptocurrency, believing it will surpass previous highs, and his primary strategy is to stay invested in high-quality assets, exercising patience for future gains.

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