The crypto market has fallen again along with the US stock market. I didn't catch the rising part, but I ended up losing all the falling part, it's really tough.
Yesterday's Alpha trade on BN was essentially about news for me, I was quite adept at it. The main strategy was to buy a few more, and when the time comes, regardless of whether I guessed right or not, just close the position.
However, the second wave of the market was all about DeFi and high market cap meme coins, I really didn't guess that.
As the operations increase, the effect diminishes, and one must run faster. If you can't keep up, it's better not to play.
In fact, this strategy has somewhat strayed from the masses. It feels like CZ has “lost it” this time, completely different from the previous method of pumping on Neiro.
There’s really nothing else worth mentioning. Take it day by day, mostly just temporary small opportunities.
This year's market, I wonder how much everyone has made. There was a wave at the beginning of the year, then a six-month pullback, and now there’s another wave.
Overall, if you haven't made money now and instead lost a lot, it might be time to reflect on whether your strategy is problematic.
When the market is good, more and more projects are issuing tokens. Stop fantasizing about hitting the next hype, 99% of them are trash and not worth picking up.
The probability of picking gold from this trash is really too low.
Look at the VC projects that have launched recently, there's not much difference from the first few months of the year; it’s better to just do BNB savings = mine K, at least you can get some airdrops, then sell this trash and continue making BNB with compound interest.
Anyway, the profits from BNB in 2024 are quite ridiculous if held continuously and compounded.
Honestly, stop touching altcoins, ordinary people can't handle them.
This time, the altcoin season was lively for a few days, but it was mostly a trap.
Now in the crypto world, stop expecting to pick up money. With more and more elites entering the market, making money has become harder.
Just take a little, and run with it. Maintain a farmer's mindset; earning a little is still earning, just slowly accumulate funds.
That's it.