From 1000 USD to 1.5 million USD: My Comeback Journey in Cryptocurrency Trading 🔥🔥🔥
Once, I was deeply trapped in the misconceptions of cryptocurrency trading, blindly chasing low market cap coins, mistakenly believing that the lower the price, the more potential it had. However, within just two weeks, I suffered a painful liquidation, plummeting from 20,000 USD to only 1,000 USD.
After this painful lesson, I reflected deeply and resolutely decided to change my strategy. I began to focus on leading coins with a market cap of millions and new narratives. This precise shift allowed me to successfully capture potential coins like 2M's ban and 4M's luce, miraculously increasing my 1,000 USD to 300,000 USD.
However, the cryptocurrency market is like a battlefield, unpredictable, cruel, and ruthless. The issuance of pumpfun suddenly surged, and the previous situation of multiple large market cap coins emerging at once is no longer the case; nowadays, most collapse around 1M. Recently, coins relying on emotional traffic for promotion have repeatedly faced setbacks, resulting in my strategy's effectiveness declining significantly. Nevertheless, I still adhere to my bottom line, firmly avoiding coins below 200K or those with internal circulation, as the issuance continues to rise, competition among low market cap coins becomes increasingly fierce, and the crisis of a price crash lurks at any moment.
A few days ago, I keenly sensed a shift in market trends: the number of big dogs has sharply decreased, and the difficulty of choice has greatly increased. To align with my strategy, I carefully weighed my options and bought 1.7M of coins like UBC. Recently, I have been exercising restraint against impulsive purchases, cleverly avoiding various traps. The recommended passwords have become increasingly concise, and my personal purchase volume has also been minimal, effectively avoiding the risk of significant losses.
Everyone's cryptocurrency trading strategy has its own characteristics; some may question my high purchase price or improper position management, but this precisely reflects the huge risks of blindly following others.
At this moment, I boldly purchased the Elon Musk concept coin puppies; is it an opportunity or a challenge? Each viewer can decide for themselves!
