When I first entered the cryptocurrency space, I particularly liked chasing after air coins, thinking that with a low price and high increase, I could make quick money. As you can imagine, I fell into the trap of 5 air coins and lost 120,000. The most infuriating thing is that one project team directly ran away with the money, leaving no room for discussion.
After being scared by the losses, I completely gave up the idea of chasing air coins and began practicing 'value investing'. I spent a lot of time researching the industry and found that those that can truly rise over the long term are the projects with core technology, real application scenarios, and high community activity. These projects are like the 'ballast stones' of the industry; regardless of market fluctuations, they tend to rise in the long run.
My value investment approach is very simple: first, select 3-5 leading projects in the industry and thoroughly research their technological advantages and development prospects; second, gradually build positions in the undervalued range of these projects and hold them for the long term; finally, regularly review project progress, and if there are changes in the fundamentals of the project, decisively adjust the position.
In 2021, I bought into a leading project in an undervalued range and held it for two years. During that time, no matter how the market fluctuated, I remained unmoved. In 2023, this project experienced an explosion due to technological breakthroughs, and my returns multiplied by 8 times. Afterwards, I used the same method to invest in several other valuable projects, all of which yielded good returns.
Now, I will no longer be tempted by the high returns of air coins because I know that behind those seemingly attractive profits lies a bottomless abyss. For ordinary people, value investing is the most reliable way to make a comeback.
If you have also been scared by air coins and want to find a foolproof way to earn money, follow me. I will share the core indicators for selecting valuable projects with you, helping you avoid the traps of air coins and make real value investments!