After deeply engaging in Meme investments, I have summarized two important insights:
First, the vast majority of Meme projects in the market are like fleeting blooms; once the hype fades, they quickly cool down and often turn into worthless coins. Therefore, when making a profit, it is crucial to stay clear-headed and timely recover a portion of the profits or principal, avoiding excessive infatuation with the future 'big picture'.
For example, I once tried to invest 50 SOL in a Meme in certain places or 60 SOL in another, filled with expectations of getting rich overnight. What was the result? All the projects went to zero.
When the price of SOL skyrocketed to 1000, looking back at those worthless junk coins in my hand was simply heartbreaking, full of regret, and I was almost in tears.
From now on, I have decided to focus only on three types of Memes: one related to Elon Musk's narratives, the second linked to Donald Trump's narratives, and the third concerning DeSci-related projects. For all those miscellaneous Memes, as long as I make money, I will withdraw immediately. Only a fool would cling to coins that are already hopeless, waiting for them to fall back to zero.
The market is too cruel; one must remain vigilant and not go against their own funds. The ultimate goal is to preserve the wealth already earned, rather than being blinded by the greed in front of them. Otherwise, the final outcome could be akin to drawing water with a bamboo basket—an empty endeavor, with no place left to cry.
5 years of experience in the cryptocurrency world, feel free to consult on any questions, and those who want to progress together with me can check my profile for more information.
