From 2,000 USD to 210,000 USD, My Journey of Cryptocurrency Trading!

In the past, I liked to buy low market cap coins, thinking that the cheaper, the better. But after two weeks of trading, I suffered huge losses, going from 20,000 USD down to only 2,000 USD.

Then I changed my strategy: only buy coins with a market cap in the millions, and those with new narrative leaders. With this, I acquired 2 million worth of ban, 4 million worth of luce, successfully increasing my 2,000 USD to 210,000 USD. Although my wallet was stolen later, it still proved that my method was effective.

However, the market is volatile and cruel. The issuance of pumpfun coins surged, and while in the past I could find multiple large market cap coins, now most are crashing around 1 million. Recently, coins that rely on emotional traffic for promotion have also been frequently failing. This has led to some ineffectiveness in my strategy, but I still insist on not buying coins below 200,000 or those with internal market issues. Because of the increase in issuance, competition among low market cap coins is fiercer, and a crash can happen at any moment.

A few days ago, I noticed changes in the market: the number of big coins decreased, making selection more challenging. To align with my strategy, I did my best to balance, buying 1.7 million of UBC and others. Recently, I have restrained my purchases to avoid traps. I recommend reducing passwords and have only bought a small amount myself, thus avoiding significant losses. But everyone's strategy is different, and some may think I bought too high or mismanaged my positions. This is the downside of blindly following others.