Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Full record of Odaily editorial department investment operations (July 17)

Odaily2024/07/17 10:54
By:Odaily

This new column is a sharing of real investment experiences by members of the Odaily editorial department. It does not accept any commercial advertisements and does not constitute investment advice (because our colleagues are very good at losing money) . It aims to expand readers perspectives and enrich their sources of information. You are welcome to join the Odaily community (WeChat @Odaily 2018, Telegram exchange group , X official account ) to communicate and complain.

Recommender: Nan Zhi (X: @Assassin_Malvo )

Introduction : On-chain player, data analyst, plays everything except NFT

share :

  1. Continue to hold FIGHT and buy FEARNOT when the time is right. Recently, the main network Trump Family Bucket is the main focus, and various slogans and core concepts are spreading.

  2. SOL has not produced another phenomenal meme, and is clearly at a disadvantage in the battle for the FIGHT leader, so we no longer plan to increase our holdings.

Recommended by: Asher (X: @Asher_ 0210 )

Introduction : Short-term contracts, long-term ambush of low-market-value cottages, gold farming in blockchain games, and money-grabbing parties

share :

  1. BTC market: continue to be bullish, short-term peak has not yet been reached, it is expected to reach 67000-68000, there will be a correction, we will see then. In short, the market has reversed and is not a rebound, and the correction is an opportunity to buy the bottom of the altcoin.

    A brief discussion on the selling pressure from Mentougou: I personally think that the selling pressure from Mentougou is not that big. Unlike the German government, which sold hundreds or thousands of coins at a time, the BTC in Mentougou was given to creditors to deal with on their own. So even if many people want to sell, they won’t do it at the same time. Therefore, judging from the rapid rise in BTC after the German government sold it, a slow sell-off may not have such a big impact on the market. (Don’t argue with me by opening a short-term BTC that is 100 times more)

  2. Review of copycat recommendations: FLOKI, which was recommended on Monday, ranked second in terms of growth among the top 100 currencies by market capitalization yesterday; INJ, which was recommended, rose by more than 10 points today.

  3. This times recommendation for altcoins: I have been buying altcoins with good popularity and good K-line when BTC has a small correction in the past two days. I have bought TAO, JASMY, TURBO, and LISTA (this one is really weak. I cant trust Binance if it doesnt rise again...); there are two coins that I havent found a suitable opportunity to buy, but I am ready to buy: XLM and ONDO. Finally, I bought FIGHT on the SOL chain yesterday, waiting for a miracle that surpasses FIGHT on the ETH chain.

Recommended by: Cooper (X: @Marlborodingyi )

Introduction : Roller coaster passenger, fake diamond hand

share :

  1. Continuing the previous idea: buy small-cap altcoins. Of course, it is best to buy Ethereum-based ones. I personally bought Renzo, a small-cap Ethereum-based new coin with a small circulation market value of 80 million. I think it still has a certain chance relatively speaking, and I set a low stop loss before spot trading.

  2. I don’t have wisdom, but I will follow: I bought FIGHT on the SOL chain, mainly because I missed FIGHT and MAGA, it was a bit of Fomo, my predecessor also bought it, it didn’t rise much compared to the ETH chain’s FIGHT of the same name, it should be okay, Aisin, etc.

  3. In addition, don’t listen to some KOLs and short WLD and other coins. It is easy to have a dead cat bounce. Today, I made $200 by shorting. It was like picking up coins in front of the railroad tracks. But I will never dare to do it again.

Recommended by: Wenser (X: @wenser 2010 )

Introduction : Buy whatever you want and you’ll take off

share :

  1. AI took off strongly with the rebound of the market, and suggested taking profits in batches;

  2. On Monday, I mentioned the logic of the formers constant strength. The rebound of the Forbes top 10 cryptocurrencies in the first half of the year was also very good. You can wait and see. It will be time to sell them after the downward trend of the market is obvious.

  3. On Monday, I wrote A Review of the Top 10 Trump Concept Coins . Ethereums FIGHT has increased eightfold, and other coins with over 5 million have also increased to varying degrees. Congratulations to those who read the article and bought in.

  4. If the recent Mt. Gox crash can be well digested, and the expectation of FTX compensation can be transformed into “imaginary buying” during the voting phase, the next wave of speculation is expected to be in the Ethereum and Solana ecosystems.

  5. Sanctum is too lame, not even worthy of being called a pig’s trotter. I will try not to participate in any staking protocols in the future (although Solayer is still around);

  6. The Olympics are about to begin, but sports-related coins have already fallen badly. If there is no improvement on the 26th, it will be time to sell them.

Recommended by: golem (X: @web3_golem )

Introduction : Bitcoin ecosystem catcher, hair-pulling trainee, player who can never get a hot meal

share :

  1. Rune No. 2 DECENTRALIZED plans to release a new Ordinals NFT on July 18, and this time it supports the use of runes for minting. The minting price is about 100 u, and the total number is 222. The minting threshold is to hold 1 million No. 2 runes and a Promethean NFT (the threshold value is about 1300 u). The snapshot time is 21 oclock tonight. I plan to participate and see if I can grab it. This project originally has the background of Ethereum NFT. There are many big players and few paper hands. Now the total amount of NFTs to be issued is small, and it is a new way of playing. Using runes to mint, plus their teams operational capabilities, the odds are quite high. If it doesnt take off, it will be a low point to buy NFTs and runes. The risk is that the overall market of Bitcoin NFT is not good, and the small number of NFTs makes players appear more passive.

  2. Continue to hold SOL. This time I was lucky enough to buy the bottom of SOL at around 135. The reason was that I wanted to save some money to invest in the Blink ecosystem, but the spot price went up before I made any move. ETH is not far from recovering my investment. I believed in the good news of Ethereum spot ETF and bought it at around 3550 in June. The spot price pretended to be dead for a month, and I finally dared to open the exchange.

Recommender: Vincent (X: @vincent 31515173 )

Introduction : Buy and sell based on your feelings, and quit when you are ahead

share :

  1. ONDO, which was sold previously, was bought back on July 6 when the market fell. The cost price was 0.87, and the current price is 1.12, achieving a profit of nearly 40%, and it is expected to close the position at around 1.3. The reason for buying ONDO is that as a leading project in the RWA sector, such as the US dollar and US bonds, the narrative space brought by Ondo itself is sexy enough. The price is lower than 0.9, and you can buy it without thinking according to the market situation. As long as the overall market does not go bearish, Ondo can bring relatively stable returns. It is not recommended to enter the market at present. Although there is news of cooperation with RWA leaders recently, the upside is limited and the possibility of losses is relatively high.

  2. Let me talk about my recent experience. I am not good at chasing trends and I am timid. My personal investment preference is to hold on to a sector or project that I understand and keep looking for opportunities in it. Getting rich overnight only exists for a few people. Instead of trying to get rich overnight, it is better to grow a little bit each time.

Previous records

July 3

July 8

July 15

Recommended Reading

Trump was assassinated, BTC strongly returned to $62,000, has the market bottomed out?

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

REEFUSDT is Now Available on Futures

Bitget launched REEFUSDT futures on September 20 , 2024 (UTC+8) with a maximum leverage of 50x. Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. REEFUSDT-M perpetual futures: Parameters Details Listing time September 20, 2024 18:30 (UTC+8) Underlying asset REE

Bitget Announcement2024/09/20 10:35

MetaCene (MAK): Unlocking Real Value in Virtual Worlds

What is MetaCene (MAK)? MetaCene (MAK) is a play-to-earn game that offers an innovative economic ecosystem where players can earn cryptocurrency and NFTs through various in-game activities. MetaCene provides players with a rich, immersive gaming experience set in a futuristic world where players ca

Bitget Academy2024/09/20 09:46