Started the business with 100,000, aimed to make 10 million, and then the 10 million was almost reduced to zero.
From 250,000 to 5 million, 5 million almost went back to zero. From 500,000 to 2 million. The ups and downs of the cryptocurrency world, I want to share these stories and give you some investment reflections. (It’s too long, I hope you can read it as a story)

I (the protagonist of the story, not me) came from the technology and gaming industry. I entered the cryptocurrency world by chance in 2017, when Bitcoin just broke through the 10,000 yuan mark. In the following four years, I experienced many ups and downs and almost went back to zero. With so many ups and downs, it is inevitable that I have some thoughts, which I would like to share with you for mutual inspiration and learning.

The current market focus is undoubtedly on the U.S. elections and the upcoming rate decision on the 8th.
Overall, Trump's (Trump) lead over Harris is a positive signal for us. Although there have been some minor disturbances recently, they have not shaken our fundamentals. Trump maintains a lead over Harris in seven key swing states, making his chances appear more favorable.
The recent market correction, although a normal adjustment, is partly attributed to the market panic caused by the outflow of BTC from Mentougou and the increased uncertainty regarding Trump's election results.

2024 Market Review: Holding Steadily is the Key Pathway to Bull Market Victory!
Market cycles are clearly traceable: just as nature follows its seasonal changes, the market adheres to its unique four-year cyclical pattern. Looking back at 2016-2017, 2020-2021, and now 2024-2025, we can easily see that the rise and fall of the market resembles a precise clock, completing a cycle from peak to trough every four years. Therefore, holding onto your positions and patiently waiting for the next stop of the 'bull market train' is a wise move.
Long-term strategies are the secret to accumulating wealth: especially at the onset of a bull market, when the cycle has just begun to turn, this is the best time for long-term investors to showcase their skills. Avoid the losses from frequent trading, remain calm and patient, and stay rock-solid to face the ever-changing market.

In short, altcoins are about to welcome their frenzied period!
During previous market bull runs, altcoins achieved astonishing growth in the final stages, multiplying several times or even by a dozen in just two or three months. Investor enthusiasm surged, driving prices up almost without resistance. This scenario resembles certain periods in the A-share market, where losses over a year could be recovered in just a week or two. At that time, stock prices often rose beyond the fundamentals and performance of the companies, with almost all stocks increasing.
I believe that lurking in the altcoin market and achieving a 5 to 10 times return within six months is not an unattainable goal. Many investors have experienced losses over the past two or three years, and they are looking forward to this rebound to revitalize their fortunes. Looking back four years ago, Bitcoin began to soar at the end of October, rising from 10,000 to 30,000 by the end of the year, which marked the true starting point of the altcoin boom. On New Year's Day, the prices of altcoins like Polkadot and UNI surged, while Bitcoin's market share quickly declined. Therefore, I predict that if Bitcoin rises above 80,000 again, an all-out celebration of altcoins will come!

In the face of the current market uptrend, many friends are facing a common dilemma: having funds but worrying that entering the market now would mean chasing highs. Indeed, the risk increases when the market is bullish. But don't worry; here are two strategies for your reference; the key is to stay calm and not let emotions dictate your decisions.
Strategy One: Patiently wait for a pullback
Calm Observation: Instead of blindly chasing highs, it is better to watch and see. The market often suddenly pulls back amidst a wave of optimism, giving you an opportunity to get on board. Remember, situations where prices shoot straight up are rare.
Rational Expectations: Even if there is a pullback, the bottom may have shifted up to 69,500 or 65,000, but don't be disheartened. Investing is a marathon, and missing one low point does not mean losing everything.

As the election approaches, there are a few key points we should closely monitor:
The results of the election could lead to one of two outcomes: Trump or Kamala Harris winning. While Trump has a relatively high chance of winning, if he is elected, the crypto market may likely experience a significant rally. Conversely, if Kamala Harris is elected, the market could face a prolonged correction. Therefore, we should be fully prepared to respond to various possible outcomes.
If Trump is elected, Dogecoin may become the biggest beneficiary. Considering Musk's support for Trump, along with Dogecoin's own characteristics of efficiency, security, and complete decentralization, Dogecoin is expected to see a significant rise after Trump's election. However, we must remain cautious, as the market is always full of uncertainties. If Kamala Harris is elected, the market trend will be entirely opposite.

There seems to always be an indescribable synchronicity between BTC and U.S. elections! Why is that?
Every time a U.S. election approaches, BTC seems to be awakened by some mysterious force, beginning its spectacular performance. Looking back at the eve of the 2012 election, BTC's price plummeted by 75%, but once the election dust settled, it seemed to be reborn, with prices skyrocketing, leaving many investors astonished. The 2016 election was similar, with BTC's price falling 30% prior to the election, but once the results were announced, it quickly rebounded, shocking the market.

In terms of market trends, the price has pulled back in the past two days, touching the key point of 66700, but has not broken below it.
As long as this support level remains firm, the short-term market trend can be considered stable.
Similarly, if Ethereum's price can maintain above 2560, the market condition will not be considered worsened. For investors with varying risk preferences, how to operate needs to be weighed independently; the following viewpoints are for reference only and do not constitute any investment advice.
Whenever the market pulls back, negative news springs up like bamboo shoots after rain, with various so-called 'experts' and 'prophets' appearing to create panic.

The current accumulation pattern of altcoins suggests that the magnitude of this market upswing will be considerable, although it may not necessarily break historical record highs.
It is noteworthy that the process of capital accumulation has significantly lengthened; previously, it could be completed in about a month, but now it generally takes two to three months. Even more striking is that this market cycle has experienced a period of extreme volatility, with the price fluctuations over the past year being quite dramatic.
For those altcoins that dominate their respective sectors, it is advisable to decisively increase positions when prices drop, while keeping the leverage ratio below three to control risk. From the weekly chart, many coins are already at low price levels. The prosperous season for altcoins usually sees a fierce rebound towards the end of an upward trend, potentially achieving several times their value in just a month, similar to the alternating rises of coins like Ape and dYdX.

The Bitcoin market may be ushering in a new upward cycle. As this month draws to an end, there are only two weeks left before the general election. Trump is currently in the lead, which seems to indicate a positive signal for the cryptocurrency market.
In fact, regardless of the outcome of the election, the overall impact on the cryptocurrency space may not be significant. After all, Bitcoin and Ethereum have officially become legal exchange-traded fund (ETF) products, which has laid a solid foundation for them to withstand the fluctuations of external factors and maintain the fundamentals of the bull market unaffected.

Altcoins chose to regain their vitality over the weekend, reflecting a positive expectation for the current stability of BTC.
We hope that the bullish trend of BTC will continue next week, rather than just a temporary flash. At the same time, we also hope that the rise of altcoins is not just short-lived, but can be sustained.
From the perspective of funds, the situation is quite optimistic. Whether in Asia, Europe or the Americas, funds are pouring into the market. At least from the perspective of fund flow, we remain optimistic about the future of the market.
However, as funds continue to accumulate in the market, when these funds will be launched on a large scale and become the key to driving the market forward is still an opportunity worth looking forward to.

In the recent market changes, altcoins have experienced a series of ups and downs, with an overall downward trend. Only a few meme coins and a few public blockchain projects have shown strong resistance to declines. In the face of the two major upcoming events, investors need to remain highly vigilant to prevent leverage liquidation storms caused by panic selling in the market. Such storms are usually a self-protection mechanism when the market faces unknown factors, and investors tend to reduce risk exposure to avoid losses.
However, in a market full of crises, there are often sparks of opportunity for a turnaround. For experienced investors, they can keenly capture fleeting investment opportunities by closely tracking the pulse of the market and comprehensively evaluating various potential trends while effectively managing risks.

Ethereum has entered a new stage of development. With the help of many positive factors (such as the launch of ETFs, the booming ecosystem, and positive deflationary trends), its growth momentum will continue to increase. Just be patient and wait for good news.
The core story of the current bull market still revolves around areas such as artificial intelligence, games, MEME, public chains, staking, and RWA, and the rotation rules of these sectors are still effective.

The overall market trend remains optimistic. The short-term correction and stabilization after a sharp rise is an ideal time for layout.

1. Bitcoin's correction phase has come to an end, and its monthly chart has successfully touched and obtained the support of the rising trend line. The current price has stabilized, indicating that the second round of rising market is about to start, aiming directly at the historical high.
2. Ethereum is entering a new stage of development. Driven by multiple positive factors such as the launch of ETFs, the booming ecosystem, and positive deflation, its upward momentum will become stronger. We just need to remain patient and wait for good news.
3. The core themes of this round of bull market still revolve around artificial intelligence, games, MEME tokens, public chains, staking, and RWA. At the same time, the rotation rhythm of fan tokens still maintains its effectiveness.

Whether it is wise to choose to increase the position when the price is below 60,000 points, or to wait for a lower point to enter the market, a key selling point in the future is expected to appear near 64,000 points. If you adopt a long-term investment strategy, you need to patiently wait for the best buying opportunity, or wait for the clear market reversal signal. These two operation ideas are not contradictory. Whether it is intervening in the low range or following the trend after the market reversal, they are relatively stable methods in long-term layout.
In terms of fund flow data, the Bitcoin spot ETF had a net outflow of US$120 million yesterday, while the Ethereum spot ETF had a net inflow of US$3.06 million. However, this short-term data has a relatively limited impact on the market.