Sector Performance
Meme Sector: Recently has been declining sharply, previously performed well, but now the market has taken a sudden downturn.
DeFi Sector: A bit like 'an old tree encountering spring', when the market is not good, LINK surged 30%, and AAVE, CRV, UNI, etc., also performed well, but EIG in the staking sector performed poorly.
Influence of Big Players: It feels like CZ's post implies support for DeFi and criticism of meme.
Investment Method: Continue to choose dollar-cost averaging, trading cryptocurrencies is difficult. News like the doubling of Hippo Coin on CB can easily make money if you're quick, but I missed that opportunity at the time.
On-chain Opportunities: Whether it's meme or DeFi, the essence is the explosion of on-chain data. If you haven't engaged with on-chain and haven't made money in this area, you might want to consider it. Additionally, there are quite a few opportunities for arbitrage and yield farming.
Dollar-Cost Averaging Experience: In the past, I dollar-cost averaged into altcoins, often facing losses of 40% - 50%. Including the overall investment in Bitcoin, the loss could reach 80% - 90%. Later, I held on until I broke even and then liquidated. If I were to dollar-cost average into DeFi projects now, I estimate I could make a fortune. I'm also curious about everyone's returns on their altcoin holdings over the past year, especially since altcoins have surged quite a bit lately.