From 2000U to 210,000 USD, my journey of cryptocurrency trading!
In the past, I preferred low market cap coins, always thinking that low prices were an advantage. However, after just two weeks of trading, I suffered significant losses, with my capital shrinking from 20,000 USD to only 2000U.
After painful reflection, I adjusted my strategy: focusing on investing in leading coins with a market cap of over a million and innovative narrative concepts. This shift allowed me to successfully capture quality coins like the 2M ban and 4M luce, ultimately increasing my small capital of 2000U to 210,000 USD. Although I later faced the unfortunate event of my wallet being hacked, it undoubtedly validated that my strategy was effective.
However, the market is always full of variables and exceptionally cruel. The issuance volume of pumpfun skyrocketed, and the environment that once nurtured multiple large market cap coins now sees most collapse around a market cap of 1M. Recently, coins relying on emotional hype have frequently failed. This has posed certain challenges to my strategy, but I still adhere to my principles, firmly avoiding coins with a market cap below 200K or internal market coins. As the issuance volume increases, competition among low market cap coins becomes increasingly fierce, and the risk of a crash can arrive at any moment.
In recent days, I have keenly noticed new changes in the market: the number of quality large golden dogs has sharply decreased, and the difficulty of selection has significantly increased. To cope with this challenge, I cautiously adjusted my strategy and purchased stable coins like the 1.7M UBC. At the same time, I strictly controlled my desire to buy, avoiding unnecessary traps. Regarding recommended passwords, I have also become more cautious, holding only a small amount myself, thus avoiding major losses. Of course, everyone’s investment strategies are different; some may think my entry points are too high or my position management is not reasonable enough. This is precisely the risk brought by blindly following trends.
Now, I have turned my attention to the Musk concept puppies#山寨季來了? #XRP解锁新趋势 $XRP $SHIB .