#月记 2024-08-07 All positions and operation records. The next record may be around National Day.
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Overview
The total position is approximately $10,274, and the holding ratio is 95.48% (net purchase cost / (remaining position * average purchase price) sum).
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operate
I won’t write it for now. I guess I will have more free time starting from the next issue, and I will have the time and energy to make a good summary.
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Subsequent Operations
I am becoming more and more uncertain about the subsequent market (in the past few months I was quite confident that there would be a double peak), and I don’t have much available funds, so I can’t buy the dip blindly. At most, I will invest in the coins I am more optimistic about, and if the decline continues, I will add some positions $BTC , $ETH , $BNB . This can be regarded as a preventive measure against a possible new round of bear market in the cryptocurrency circle and global economic recession.
Although I did not experience the bull and bear market in 2017, from a historical perspective, this bull market is very different. Too little capital has flowed into copycats, and many copycats have even been sucked dry by the opposite side.
So the thinking needs to change. With more and more new coins and no large number of retail investors and their funds coming in, most altcoins may not have a bull market or even be delisted. If some altcoins rise again (I personally think there should be a small wave of altcoin season), prepare to clear them out. This round of bull market is really difficult to play altcoins. Many coins have been hovering near the bottom, and even fell to a lower price than the last bear market.
Finally, one sentence: Don’t buy at the bottom blindly. Fixed-term investment is safer. The risk of global recession is increasing, and coupled with the war factor, the cryptocurrency market cannot truly serve as a safe-haven asset. It is likely to be highly correlated with it, and it will be a negative feedback asset.
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For reference only.
