Odaily Editorial Department Investment Operation Full Record (November 5)

CN
7 hours ago

This new column shares the real investment experiences of Odaily editorial team members, does not accept any commercial advertisements, does not constitute investment advice (because our colleagues are very good at losing money), and aims to expand readers' perspectives and enrich information sources. We welcome you to join the Odaily community (WeChat @Odaily2018, Telegram group, X official account) for discussions and complaints.

The data related to Meme prices, market capitalization, holdings, etc., in this article are sourced from GMGN.

Recommender: Bcxiongdi (X: @BCxiongdi)

Introduction: P Little General

Share:

  1. Over the weekend, Binance token recharge supported Chinese, so I kept doing low-leverage long positions on Binance life, expecting to go live on Monday. I gradually closed positions at high points, bought back at 0.2 after a pullback, and finally had to stop-loss and run away due to GIGGLE crashing the market.
  2. I had previously discussed GIGGLE personally, and my view was that Binance starting to charge fees for donations was a very big positive, so I chased in with my initial position, thinking being stuck was a normal pullback. Later, I added positions hoping for CZ to call out and save me, but after CZ's comments fell short of expectations, I stopped-loss and exited. GIGGLE was the first CS token I encountered personally.

Recommender: Suzz (X: @uu01194636)

Introduction: Adhering to long-termism, I choose to short new coins

Share: Given the current market liquidity is visibly exhausted, while new projects continue to dilute existing funds, I choose to cautiously short newly listed tokens, supplemented by a chasing high strategy to cope with the tightening market environment.

  1. On the chasing high side, I entered the privacy coin ecosystem ZEN, chased the continuously rising Jellejelly, and tried to get involved early in the promising AI concept sector with AI16Z, Swarms, and Arc. However, due to ineffective control of pullback risks, most chasing high positions were closed at small pullbacks, resulting in limited profits. Especially for Ai16z, it suffered a significant pullback causing a large profit drawdown.
  2. On the short side: I shorted MMT, CC, AT, COMMON, ON, TURTLE, BLUAI, RIVER, LAB, RECALL, EVAA, TRUTH, AIA, XPIN, KITE. Thanks to the recent market crash, the overall returns from shorting were good, with BLUAI, KITE, and EVAA all seeing nearly 50% declines. Here, I want to emphasize MMT, as Binance did not open contracts before the market, so I shorted after a significant rebound on the night of November 4, thinking 0.7 was a pretty high price, setting a stop-loss at the previous high of 0.9. I was shocked to see in the morning that Bybit had reached a high of 10, but later saw the price drop from 6 to 3, choosing to continue shorting at 2.6, and I have now recovered the losses. Shorting new coins should be profitable in the current environment, but it is essential to manage funds and control risks well.

Recommender: Leo (X: @LeoAndCrypto)

Introduction: Earning from airdrops is the greatest financial management

Share: Mainly focusing on new coin trends and bottom-fishing e-tokens:

  1. The Sui ecosystem is still quite good; I opened multiple MMT long positions in the early morning, made a quick profit, and set a take-profit at 3 dollars, which has been executed;
  2. With the sharp decline and huge whale bottom-fishing data, I opened a small position long on ETH at 3250 and BTC at 100008;
  3. I am optimistic about HYPE, bottom-fishing around 38;
  4. This year's League of Legends script is likely to be Faker's sixth crown; I placed a large bet on T1 (62% win probability) on Polymarket, with a small hedge bet on KT winning the championship, and will sell later based on the situation;
  5. Researching new projects, I will release a few articles on new projects that can be profited from soon.

Recommender: Dingdang (X: @XiaMiPP)

Introduction: A pure "leek" (newbie), only playing mainstream altcoins on CEX

Share: ZEC has been performing quite strongly; last night at 8 PM, I bought a small position near 380 dollars at the lower edge of the 4-hour chart. I previously wrote an article on ZEC, recommended reading "The Revival of Privacy Coins: From Binance Delisting Candidates to a 13-fold Surge, ZEC's Lightning Rebirth," and I remain bullish on ZEC because I believe there is still room for speculation around the halving and privacy narrative. Additionally, from the contract data, the contract funds have basically not left; although the short sentiment is relatively strong now, the upward pressure is significant. The large holders' positions are also somewhat bearish, but the divergence is not too large, showing a trend towards bullishness, and the negative funding rate has been maintained, making shorts likely to become fuel. At this stage, there may be fluctuations; it is okay not to buy in, but I do not recommend shorting.

Recommender: Ethan (X: @ethanzhang_web3)

Introduction: Bottom-fishing whenever possible

Share:

  1. Before the market crash yesterday, following the principle of not fearing the market and being greedy when others are fearful, I bottom-fished BNB at 890 and SOL at 148, which was quite profitable;
  2. Ever since the last time Merlin was liquidated, I still feel there will be a pullback (this level is too high, and the ecosystem lacks activity, purely speculation), I have been looking for opportunities to short. On October 26, I opened a 5x short at 0.42 and have held it until now at 0.31, expecting to exit soon.

Previous Records

Complete record of Odaily editorial team's investment operations (October 31)

Odaily office trading competition: A record of using the boss's money to create mischief

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