2024-11-28 16:16
BlockBeats reported on November 28 that top trader Eugene posted on social media, saying, 'This has been my best month since I started, setting historical highs in win rates and profit records, and completing the most trades in a single month.'
Despite the bright data, this month felt exceptionally tough, mainly because BTC surged violently by 35%. When the benchmark asset rises so violently, and you continuously miss multiple 'home run' level trades, that feeling of FOMO (fear of missing out) can be very torturous. For example, I almost completely missed the market movements of BTC, DOGE, XRP, and ADA, which made me feel underwhelming in the face of opportunities.
But this is the norm of a bull market. Fortunately, I managed to achieve good returns on SOL, ETH, and DOGE, compensating for some relative performance shortcomings.
My biggest correct decision was to quickly adapt to the news of Trump's victory and decisively increase my positions to take on risk as the election results gradually came out on November 6. Although I held short positions in some altcoins to cope with the possibility of Harris winning, this quick adjustment mindset really saved me.
The biggest mistake was not realizing the impact of Robinhood listing XRP and ADA, and not paying enough attention to the movements in the South Korean market (they are crazily chasing XRP). These were strong liquidity 2-3x opportunities that could have doubled my assets.
Looking ahead, I believe we are still in a PvP (player versus player) market environment before BTC breaks 100,000 dollars. I expect ETH and SOL to perform well at the right time, and tokens with lower risk curves will follow. Ideally, BTC should not drop below 85,000 dollars, as that would be quite disastrous for the overall risk market.
Top trader Eugene: Expects ETH and SOL to perform well at the right time
2024-11-28 16:16
BlockBeats reported on November 28 that top trader Eugene posted on social media, saying, 'This has been my best month since I started, setting historical highs in win rates and profit records, and completing the most trades in a single month.'
Despite the bright data, this month felt exceptionally tough, mainly because BTC surged violently by 35%. When the benchmark asset rises so violently, and you continuously miss multiple 'home run' level trades, that feeling of FOMO (fear of missing out) can be very torturous. For example, I almost completely missed the market movements of BTC, DOGE, XRP, and ADA, which made me feel underwhelming in the face of opportunities.
But this is the norm of a bull market. Fortunately, I managed to achieve good returns on SOL, ETH, and DOGE, compensating for some relative performance shortcomings.
My biggest correct decision was to quickly adapt to the news of Trump's victory and decisively increase my positions to take on risk as the election results gradually came out on November 6. Although I held short positions in some altcoins to cope with the possibility of Harris winning, this quick adjustment mindset really saved me.
The biggest mistake was not realizing the impact of Robinhood listing XRP and ADA, and not paying enough attention to the movements in the South Korean market (they are crazily chasing XRP). These were strong liquidity 2-3x opportunities that could have doubled my assets.
Looking ahead, I believe we are still in a PvP (player versus player) market environment before BTC breaks 100,000 dollars. I expect ETH and SOL to perform well at the right time, and tokens with lower risk curves will follow. Ideally, BTC should not drop below 85,000 dollars, as that would be quite disastrous for the overall risk market.
