The Beginning of the Matter#
1/ A few days ago, $TRUMP provided many leaders with millions or even tens of millions in returns. As a small retail investor, I also gained a considerable profit for myself, and here’s a brief review of what happened.
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 that all group chats showed 999+ messages. After quickly browsing through, I immediately withdrew funds to prepare to buy $TRUMP, but due to the slow withdrawal speed of SOL on BN, I only 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 a news release stating that Trump’s wife, Melania, launched a new coin, and I immediately started selling $TRUMP at 66U on BN, selling all the way down to around 62U, ultimately clearing all my holdings.
4/ The logic behind this decision is that new coin launches typically divert funds from old coins, leading to a significant pullback in the old coins. The subsequent results confirmed the correctness of my actions.
At the same time, I used part of the funds from the liquidation to purchase 400 $SOL and withdrew in two transactions of 200 each through BN, preparing to buy $MELANIA.
Unfortunately, the first withdrawal arrived quickly, but the second one was delayed 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 Dragon Two coins typically does not exceed 30% of Dragon One, and 13-14U had already surpassed 25% of Dragon One’s price at that time, so I chose to liquidate all my holdings 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, nearly double the initial purchase amount, thanks to the swing trading in the early hours and the profit contribution from Dragon Two coins.
7/ Subsequently, I cleared my $TRUMP holdings at a price of 49.61U before the speech, regrettably missing the opportunity to sell at 63U when Robinhood went live, but the overall result was still satisfactory.
8/ Finally, I made a swing trade, buying at 35.9U and selling at 39.99U. Before boarding my flight back home, I liquidated all my $TRUMP, 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 looking back, there is no room for improvement.
OKX Activities This Month#
New users registering on OKX this month can receive a blind 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 BN’s withdrawal delays, so it’s advisable to keep funds on-chain to avoid being unable to move assets or make purchases at critical moments, leaving only anxious waiting.
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