Since October 28, 2023, I have invested in Binance, and it has just been two years. I invested a principal of 6100 USDT in the exchange and 1700 USDT in my wallet. So far, the returns seem to be quite decent. I hope to continue to grow steadily next year.

Looking back, when I first started investing in cryptocurrencies, I knew nothing, and now I still don’t know much, but the difference is that I have found a method that suits me. Here, I would like to share the process and experience with everyone, hoping that you can resonate with it as well. (It might be a bit long and could be divided into several parts.) I remember when I first started, I had no idea what the meanings of these English abbreviations were; I had only heard of BTC and ETH. It was only after trading on Binance that I heard about BNB. During my first six months of investment, I used what I considered a safe method to understand this market. Initially, I invested 30% of my funds into the market and kept 70% in USDT to earn interest. (30% stocks, 70% bonds to test the waters)

I placed about 80% of my investment capital into BTC, ETH, and BNB that I had heard of, while around 20% went into about 10 carefully selected assets. The so-called selection simply meant picking items that I thought were at a low price with a chance to rebound and could offer a return of over 7% interest within 120 days. Therefore, I locked all the selected assets for interest accumulation. This is actually a very normal decision; in traditional investment markets, this approach isn’t problematic. However, what taught me a lesson in the cryptocurrency circle is that altcoins can often surge dramatically only to fade away quickly. If you don’t handle it immediately, you’ll end up facing a decline later. Thus, the fixed deposit strategy turned these assets into long-term investments (long positions), with one exception being OM, where I took profits. I will discuss that later. Although the interest is high, the market volatility is too great; if you want its interest, it requires your principal. Therefore, I realize that investing in altcoins doesn’t fit my plan. What I need is for the bull market to last a bit longer so that I can have the opportunity to take profits. (To be continued) $BNB $ETH $SOL