As an old veteran who has struggled in the crypto world for seven years, today I want to share something heartfelt with you—my blood and tears story of going from losing $50,000 to having nothing left but my underwear, to making a comeback and reaching $800,000!
In 2017, I entered the crypto world with all my savings of $50,000, just like you, dreaming of getting rich every day. During the bull market, altcoins were soaring, and I was heavily invested in various rookie coins and junk chains, with my account peaking at $150,000. At that time, I was staring at my phone, grinning like a fool, thinking I was a genius trader. But then, the bear market hit in 2018, and my coins plummeted like crazy—down 30% in a day, halved in a week, and in the end, I was left with only $10,000.
After two years of lurking and devouring white papers, the DeFi boom in 2020 finally gave me an opportunity. I took $10,000 and gradually bottom-fished decentralized exchanges like #Uniswap . As the market rose, I wasn’t greedy and decisively took profits at $100,000. This taught me that the market only rewards those who are prepared.
In 2021, during the NFT frenzy, I started with a 20% position to test the waters with monkey avatars, making a small profit and running. Later, I focused on the Axie chain game, betting heavily on its economic model, and within three months, my account soared to $500,000. In 2022, I began dollar-cost averaging Bitcoin and Ethereum while also trading in-between, and now my holdings are steadily standing at $800,000.
Here are three life-saving tips for my brothers:
1️⃣ Don’t be a clueless rookie—if you can’t even understand a white paper, don’t dare to gamble? You can only say you deserve to be cut.
2️⃣ Stay calm; hold during the bull market and endure during the bear market. Time is your money printer.
3️⃣ Take profits quickly; if you’ve made 50%, pull out your initial investment and let the profits roll over.
In the future, I see three major trends: AI + blockchain, Web3 developing the metaverse, and Layer 2 acceleration tools. Recently, I invested another $400,000, currently holding a 50% position in BNB and 30% in new projects. The remaining 20% is reserved for unexpected situations. For those who want to follow my lead, just remember one thing: as long as you’re alive in the crypto world, there’s always a chance to turn things around, so never risk it all and put yourself in a dilemma.
ACT PNUT COW
