From the initial cautious trial to the subsequent mindless purchase of first-issued new coins, it all depends on the information gap.

Having been in the cryptocurrency circle for many years, I have witnessed countless people achieving financial freedom with small investments. Without exception, it was either due to platform bonuses, luck, or naked information asymmetry. This time, I relied on information asymmetry and hand speed to earn my first 1 million in my life with 100U. It took about 20 days. This process was not thrilling or high-risk. It was mainly about the identification of information and the blind trust in LBank's "global debut". This year, with the MEME coin market so hot, these three companies have selectively ignored the MEME coin track. Seeing that many group friends around me are rushing to MEME coins and making a lot of money, I also took out a little money to test the waters and see if I can make a profit in MEME coins.

Then, I studied several exchanges that continuously listed new MEME coins, including: Poloniex, BitMart, CoinEx, XT, LBank, etc. I put a little money in these exchanges, and followed the market sentiment and the announcements of the exchanges to buy a few MEME coins from time to time. After using these exchanges several times, I chose LBank as the main one, and then recorded the data simultaneously. Now I will sort it out for you in the form of a "coin trading diary" in chronological order. As for why I chose LBank, I will tell you the reason after you read the coin trading diary.

Below is my cryptocurrency trading diary, with screenshots as evidence.

July 10, Pancake: Cloudy

Today, I opened my first transaction on LBank. The market opened at 13:00, and I immediately bought 100U of $ROCKY at 0.008001. Then I waited and it rose to 0.04003. I didn’t expect this sector to be so good. The first transaction increased five times. I immediately stopped and waited for the next opportunity.

July 11, Dabing: Sunny to cloudy

LBank does not have a global launch project, etc...

July 12, Pancake: Cloudy to sunny

LBank does not have a global launch project, wait a little longer...

July 13, Pancake: Sunny

LBank still has no global launch project. I can’t wait any longer. I’m going to sue the “Coin Circle Committee”

July 14, Pancake: Sunny

Today, LBank finally launched its global debut. $FIGHT was launched at 23:00 and I bought it immediately at the price of 0.01. Seeing that the market was very hot this time, I kept holding on to it. During this period, $FIGHTSOL was launched again, but I have never been interested in copycat platforms, so I continued to hold on to it.

July 15, Pancake: Sunny, cloudless

Continue to hold $FIGHT. It has increased by 69.68% today. This data looks like it will soon rise. Hold on and wait and see.

July 16, Dabing: Heavy rain turns to sunny

As expected, those who got the news first were able to sit firmly on the profit platform, and it was difficult for those who came later to surpass them. As other exchanges successively launched $FIGHT, my income continued to double, with today's increase as high as 230.89%. I will hold on to it for a while and discuss it tomorrow.

July 17, Pancake: Cloudy

Today's operations are complicated, and here's a rundown: I've been holding $FIGHT until today, and when I saw that the global debut would be listed on $MAPE at 13:00, I chose to sell $FIGHT at 12:00, with a price of 0.081, a seven-fold return;

I bought $MAPE at 0.0000315 at 13:00. Not long after I bought it, I saw that $FEARNOT was going to be online at 17:30. Because it was strongly related to Trump, I chose to sell $MAPE at 17:00, the price was 0.0000402, and the profit was 27.62%;

17:30 I bought $FEARNOT at 0.00004, but the price kept going down this time.

July 18, Big Pie: Sunny and cloudy

Today, another new coin was launched. Because $FEARNOT fell a lot, I chose to exchange coins and exchanged it to $MIGGLES at 12:30. The price of $FEARNOT was 0.000035, with a profit of 0.875 times, and a loss of 12.5%.

The purchase price of $MIGGLES is 0.025. Although LBank launched $SWAG again at 13:00, I think $MIGGLES is more popular in the market, so I choose to hold $MIGGLES. (Postscript: As soon as I sold $FEARNOT, it doubled. Damn it)

Next, I continued to hold $MIGGLES and waited for the next operation. During this period, $MIGGLES rose to a maximum of 0.1, but I did not sell it and still held it.

July 19, Dabing: Sunny

At 13:00 today, LBank's global launch came again. At this time, the price of $MIGGLES was 0.81. I decisively chose to exchange coins and bought $BILL at a price of 0.00002. I successfully obtained a 2.24-fold profit on $MIGGLES.

Next, I repeat the operation. Whenever there is a new product launched globally, I will clear out the previous tokens and buy the new coins.

At 13:00 on July 22, it was changed to $DMAGA, and $DMAGA made almost no profit or loss;

At 13:30 on July 22, it was exchanged to $KAMA, and $KAMA earned 68.3%;

At 14:00 on July 25, I changed to $HARRIS and suffered a huge loss, losing half of my position, a total loss of 51.88%;

At 13:00 on July 26, it was exchanged to $SCF, and $SCF earned 64%;

At 14:00 on July 29, it was exchanged for $NEIROETH, earning 404.62%;

The principal is 100U, and the current account balance is 187,532.03U, equivalent to RMB 1,365,233.

Now you should understand why I chose LBank? The rise and fall of MEME coins was very drastic in the early stage of the market. Through my operation cycle, you should be able to find that if you want to make money in the MEME coin field, the most important thing is the time difference. The time difference is reflected in the form of the exchange listing the coin early or late. LBank is very fast in listing MEME coins, and the number is large, so there is an opportunity to accumulate wealth quickly.

Too many Confucius, too few Lu Ban

Compared to cooperating with a wallet today and getting a sponsorship tomorrow, I would rather choose a platform with tough people and few words. Even now, there are still too many Confucius and too few Lu Ban in this industry. Before I shared these, I actually thought about it for a long time, whether to share them so bluntly, because most people have heard wealth stories since 2018, and their ears are not calloused and their eyes are almost dry. But when I saw the increase in my account balance, the joy and sense of accomplishment were indescribable. Maybe this 1 million is nothing to many people in this industry (at least that's what everyone said), but it was indeed what I actually accomplished step by step.

As a common trading user, the high-profile platform has nothing to do with us (to be honest), but I also understand that as the platform becomes more and more competitive, whether it is user costs or platform activities, many platforms have less and less to do with retail investors, and only care more about the rights and fees of large investors. In addition, I think it is exaggerated that many exchanges do not list many MEME Alpha currencies in order to make the depth and liquidity look better, and then choose to list them after the volume is OK. So what is the fundamental meaning of retail investors speculating in currencies? Looking back on the experience of just 20 days, from the initial cautious test to the later mindless purchase of the first-issued new coins, it depends on the information gap. LBank brought me the information gap.

There are many opportunities in the cryptocurrency world, but information asymmetry is also very important. MEME is very popular, and exchanges should do a good job of serving users.