How much money have you made in the crypto world up to today?
It's now October 2024, and anyone who hasn't cashed out should be deeply trapped.
In the more than six months from March to October, most altcoins have dropped over 80% in price.
I was puzzled at first; with such high market caps, how could we find hundredfold coins in this round?
With such a drop, wouldn't hundredfold coins appear?
Even if they return to their original highs, they're still tenfold coins.
I've also lost quite a bit, with a floating loss of about 30%.
The profits I made in AR were all lost in STRK.
I didn't research enough at the time and fell into the trap.
I understand now. Promise me, stay away from old coins, VC coins, and low liquidity coins, okay?
But fortunately, my large positions are mostly in $dog,
I bought in relatively early, and my average cost is quite low.
Even if the current unit price is below 0.003, I am still only at a small loss.
Moreover, I am very optimistic that $dog rune dog can reach a market cap of $5 billion. Compared to the current situation, that's over a 20-fold increase.
Back in March, during the peak of the bull market, I looked at many coins and estimated very high market caps—$2 billion, $5 billion, even $10 billion.
But after half a year of the bear market, my expectations have been significantly lowered, and my market cap estimates are now much more conservative.
The only thing that hasn't changed my valuation expectations is $dog.
As the number one meme coin on Bitcoin, a legitimate Dogecoin, estimating $10 billion isn't actually that high.
After all, the peak market caps of doge, shib, etc., are several hundred billion.
Looking at it this way, $dog is already undervalued.
A big bull market is about to arrive, and I plan to position myself in some tokens that are about to receive favorable news, while also looking for some coins with long-term potential to hold until the end of the year. Friends with positions can leave a comment with 1 to get my latest strategies and detailed points!
