Recently, I conducted a comprehensive review of my cryptocurrency investments and participation in project airdrops over the past four months. During this time, I experienced ups and downs in cryptocurrency trading. From the investments started in May, I made a profit of 517 USDT on Solana (SOL), while Elrond (ENA, now renamed MultiversX), brought me a profit of 548 USDT. However, not all trades went smoothly; I lost 200 USDT on WCT and also incurred a loss of 74 USDT on Dogecoin (DOGE). Overall, after deducting trading fees, I netted about 750 USDT in cryptocurrency trading.



At the same time, I also actively participated in various project Airdrop activities, mainly focusing on Binance's Alpha and Booster projects, with earnings amounting to about 1000 USDT. To participate in these projects, I invested approximately 300 USDT for the costs of the mainnet and testnet. It is worth noting that there are still some participating projects that have not yet announced their results.

Looking back on this experience, I have a deep understanding of the rapid changes in the crypto market. The strategy of participating in airdrops with multiple accounts, which was once popular, seems to be losing its effectiveness. Although there may still be opportunities to participate in airdrops in the future, the possibility of obtaining substantial returns at a low cost is gradually decreasing. This change reflects the maturation of the crypto market and the adjustment of distribution strategies by project parties.

As a participant in the encryption market, this experience has made me realize that in this rapidly changing field, maintaining flexibility and continuous learning is crucial. In the future, we may need to explore new strategies and opportunities to adapt to market changes. At the same time, this also reminds us to carefully manage risks, as the encryption market is full of opportunities but also hides challenges.
SOL0.16%
ENA6.77%
EGLD-0.89%
WCT-3.31%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BlockchainGrillervip
· 08-31 16:51
A shuttle is more refreshing.
View OriginalReply0
ColdWalletGuardianvip
· 08-31 16:49
The earnings are actually not bad.
View OriginalReply0
MerkleDreamervip
· 08-31 16:39
Seek victory with stability, operate cautiously.
View OriginalReply0
ApeWithNoFearvip
· 08-31 16:33
Go big or go home.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)