#我的策略演变 ⏳ 1. **Early Simple Imitation (2011-2013)**

Altcoins, represented by Litecoin (LTC), were mainly generated by modifying Bitcoin's code parameters (such as block time, total supply). The strategy was primarily **driven by community hype**, relying on promotion through the BitcoinTalk forum, lacking fundamental analysis, and exhibiting extreme volatility.

### 💰 2. **ICO Frenzy and the 'Ethereum Killer' Narrative (2017-2020)**

Ethereum smart contracts sparked the ICO wave, and altcoins relied on **white paper concepts** for funding (such as EOS, NEO). The strategy focused on “high returns”, chasing “Ethereum killer” projects, but most collapsed due to regulatory crackdowns (such as SEC lawsuits) and Ponzi schemes (like BitConnect), with declines generally exceeding 99%.

### 🚀 3. **DeFi and Meme Coin Domination (2021)**

Institutional entry drove the bull market, and the differentiation of altcoins intensified:

- **DeFi/NFT projects** (such as AAVE, UNI) relied on liquidity mining and airdrop strategies, emphasizing ecological value capture.

- **Meme coins** (such as DOGE, SHIB) were driven by social media sentiment, with celebrities promoting them (like Musk) causing short-term surges, but the bubbles burst rapidly.

### 🧠 4. **2025: Disciplined Trading and Institutional Differentiation**

Bitcoin's dominance rate reached 64%, and the traditional “buy-and-hold” strategy became ineffective. The core of the new strategy is:

- **Smart Rotation**: Adopting a “low IQ strategy” — choosing resilient coins (SOL/ETH), accumulating in batches when RSI < 30, and rotating to Bitcoin or stablecoins after a profit of 30-50%.

- **Institutional and Retail Differentiation**: Institutions increased their holdings in BTC/ETH (accounting for 67%), while retail investors chased Meme coins (like BONK) seeking high returns, leading to increased market specialization.

- **Altcoin Season Delay**: Conditions need to be met, such as Bitcoin's dominance falling below 60% and altcoin market capitalization breaking key resistance. The current prediction requires Bitcoin to reach $200,000 to potentially trigger this.