The Beginning of Events#
1/ A few days ago, $TRUMP provided many leaders with substantial returns amounting to millions or even tens of millions. As a small retail investor, I also gained a considerable profit for myself, and here’s a brief review of the events that followed.
On the morning of the coin launch day, due to the time difference while I was traveling, I woke up to find it was already past 1 PM local time.
2/ Upon opening WeChat, I found all group chats showing 999+ messages. After a quick browse, I immediately prepared to withdraw funds to buy $TRUMP, but due to the slow withdrawal speed of SOL on BN, I ultimately completed the entire purchase at around 14U.
3/ That afternoon, considering safety and convenience during my travels, I deposited all 5431.15 $TRUMP I held into BN.
In the early hours, I saw news from the formula stating that Trump’s wife Melania launched a new coin, and I immediately started selling $TRUMP on BN at a price of 66U, selling all the way down to around 62U, ultimately clearing all my positions.
4/ The logic behind this decision is that new coin launches typically divert funds from old coins, leading to significant pullbacks in the old coins. The subsequent results confirmed the correctness of my actions.
At the same time, I used part of the funds from clearing my positions to purchase 400 $SOL and withdrew through BN in two transactions, each time 200 coins, preparing to buy $MELANIA.
Unfortunately, the first withdrawal arrived quickly, but the second one was stuck for nearly an hour, which frustrated me greatly.
5/ After the withdrawals were completed, I bought nearly 400 $MELANIA at an average price of about 5U.
After a short rest, I woke up to find the price had touched 13U. Based on the market price at that time, the value of a second-tier coin typically does not exceed 30% of a first-tier coin, and 13-14U had already exceeded 25% of the first-tier price at that time, so I chose to clear all positions in the 10-11U range, selling about 840 $SOL and recharging back to BN.
6/ Using these $SOL and the U I sold earlier, I bought all $TRUMP at prices of 41U and 44U. At this point, my $TRUMP holdings increased to 10405.7 coins, nearly double the initial purchase amount, thanks to the swing trading in the early hours and the profit contribution from the second-tier coin.
7/ Subsequently, I cleared my $TRUMP positions at a price of 49.61U before the speech, regrettably missing the opportunity to sell when it surged to 63U on Robinhood, but the overall result was still satisfactory.
8/ Finally, I executed a swing trade, buying at 35.9U and selling at 39.99U. Before boarding my flight back home, I cleared all $TRUMP positions, totaling 573703 U.
9/ My profits cannot compare to those of the big players, but considering the time difference during my travels and entering the market at 14U, I believe I executed the best possible operations, and in retrospect, there was no room for improvement.
OKX Activities This Month#
New users registering on OKX this month can receive a mystery box or Dogecoin gift package. Domestic users can register directly: Click here–>Go to the official website to register an OKX account, some regions may require a VPN or Alternative link
10/ During this period, I was repeatedly hindered by delays in withdrawals from BN, so it’s advisable to keep funds reserved on-chain to avoid being unable to move assets or make purchases at critical moments, leaving only anxious waiting.
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