Journey into the Crypto Market and Valuable Lessons
Phase 1: Riding the Rising Wave When SHIB Was Listed on Binance
On March 8, 2020, I decided to invest 300 USD to buy SHIB at 0.000000011, equivalent to 33,333,000,000 SHIB. On May 10, 2021, when SHIB was listed on Binance at a very high price of 0.00005 USD, I did not take profit in time. Finally, on May 11, 2021, I only closed 333,333,000 SHIB at a price of 0.000035 USD and still retained 33,000,000,000 SHIB. If I finished at that time, I would have had 1,166,655 USD, enough to buy a house and car with 166,655 USD, leaving 1,000,000 USD left to continue investing. I used this money to buy back SHIB for 0.000006 USD, equivalent to 166,666,666,666 SHIB.
Phase 2: Collapse and Sideways (June-October 2021)
On October 6, 2021, when SHIB price reacted with strong resistance at 0.000035 USD, I sold 66,000,000,000 SHIB, earning 2,310,000 USD. Still holding 100,000,000,000 SHIB and continuing to hold until November. When SHIB price reached a new peak at 0.000088 USD 1 reply
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Phase 3: Distribution and Decline Cycle (2022 - October 2023)
At this stage, I accumulated BTC, ETH, BNB, SOL, SHIB according to the DCA strategy for 100 USD every day for nearly 2 years, starting after the collapse of Luna on May 9-11, 2022. This event caused my assets to evaporate more than 2 million USD in 2 short days.
On November 8-10, 2022, the collapse of FTX floor caused me to lose control and pour another 5 million USD to remove the problem, but the more I bought DCA, the heavier my losses became. In the end, I cut my losses with a loss of nearly 4.8 million USD and cashed the entire amount to the bank.
After that, I reinvested 1 million USD in BTC, ETH, BNB, SOL, SHIB at the rate of 30% BTC, 20% ETH, 15% BNB, 15% SOL, 10% SHIB, 10% USDT to bet on the numbers. Other Alcoins. However, this amount cannot compensate for the loss of more than 6 million USD from 2020 - 2021. 0 reply
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