2024 is about to end, let's make a year-end summary of our cryptocurrency investments~
Hello everyone, I am Nose Brother. I once said I would prove the existence of value investing in the cryptocurrency space with real holdings, but now I don't dare to say that anymore; I haven't achieved the unity of knowledge and action.
Looking back at the trading plans from June to now, the basic investment strategic direction has not been significantly wrong: the global shift to the right is intensifying, and due to tariff barriers and monetary easing, more funds will flow into the cryptocurrency space. DeFi will take off first, driving the overall market capitalization up through the form of pumped funds within the circle.
There are many tactical errors:
1. Blindly believing in contract wealth. Friends who entered the market at the same time as me only held spot and never touched contracts; their capital has already doubled and is about to reach A7. Meanwhile, my contract trading has only yielded a maximum profit of 50%, and I am still at a loss.
2. Poor position control. Most of my positions are in niche cryptocurrencies with a market cap of 100-500 million USD, thinking that the leading cryptocurrencies have too high a market cap and low upside. I missed huge gains with ONDO and AAVE.
3. Not sticking to regular investment. Friends who entered the market at the same time as me have only insisted on one thing: the regular investment strategy and averaging down during big drops, doubling their capital, and almost not looking at any analysis related to the cryptocurrency space.
4. FOMO investing. During the first-level meme frenzy, I increased my investment ratio, and now I am left holding worthless junk, feeling lost.
5. Giving up on profit from minor projects. Many minor projects I have only heard of, but never took action on; when the projects issued tokens, I found that there were still huge profits to be made.
The investment plan for 2025 will be optimized based on this, and the update frequency of the community will be more frequent. Additionally, let me advertise: @BitHappy , Happy Brother's real project research is what I admire the most, and I am currently building a gold mining community. A person's ability is always limited; only by standing on the shoulders of giants can one go further! Also, @Eric SJ , SJ Brother's project research series is also excellent; the series on low market cap projects of 1-4 million really helped me make money, thanks again 😋