Navigating this bull market has been incredibly challenging. Fortunately, my core positions in $BNB and $BTC have remained stable. I cleared my $ETH positions and opted for ETH dual-currency options, buying low. However, my smaller investments in $CATI and $DOGS have plummeted, erasing profits accumulated over a year. I also missed out on selling my $ZK airdrop at a desirable price and bought more, only to see its value decline, rendering my gains negligible.
After experiencing significant losses in several LBP-issued coins, which dropped 50-70%, I've become cautious. These projects, despite having multimillion-dollar valuations and years of development, have underperformed. High valuations haven't guaranteed success, and low valuations haven't sparked interest.
Thankfully, my participation in BNB's Pool, Megadrop, and Holder airdrops has generated substantial income, offsetting losses. Without these, I might have lost my entire capital. This market's unpredictability underscores the importance of diversification, as it's impossible to predict which coin will surge next.
Through diversification, I've managed to recover losses from declining investments. My strategy now focuses on patience and strategic positioning. Notably, I hold a significant amount of $HMSTR , which I initially planned to sell but has since dropped over 70%. I'll hold onto it for now, potentially waiting months or even a year for a reversal.
The current market conditions remind me that opportunities often arise from declines. While the biggest ones may not have materialized yet, I remain vigilant, knowing that diversification will be crucial in capturing future gains.