I reflected on why I made money on-chain in March-April, but not in May-June. I had some $useless, but in the end, it was all taken away by other shitcoins. The key issue is that my rhythm was disrupted. In a bull market, the shitcoin trend doesn't actually have a high success rate because the "scissors" are also very active, while in a bear market, the funds are more concentrated. In the last two months, I've been buying a little of this and a little of that, and the funds are too scattered, resulting in worse performance than BTC contracts. In March-April, I traded no more than 10 assets in a few weeks, while in the last two months, I've traded no less than 50 shitcoins. A lot of the profits were lost on assets like $ibrl. Then there's the lack of emphasis on the second phase of picking up garbage, for example, $tap is a great small investment for big returns in junk assets. Solana has always been the best place for small funds to aim for high returns; all assets that seem promising are worth continuously tracking. It's a good strategy to build positions in the second phase, but in the first phase, you still need to sell some; otherwise, you risk being washed out when it drops. Selling is to hold better. Now I feel that $useless has reached a certain position, and I have no desire to chase it anymore. Small funds are meaningless, and large funds carry high risks; I can only look for the next asset with speculative potential. I plan to summarize 2-3 assets every week, continuously track them, and observe the flow of funds and the situation of key figures' calls, which may be helpful. Opportunities are always there, keeping grinding in the trenches 💪
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