Home » Journal » See How Trader Turned $3K to $313K in 19 Days with Real Smurf Cat, FINE, and These Cryptos Dealer.eth (@dealerdefi), recently shared an intriguing thread detailing the journey of a crypto wallet that skyrocketed from $3.2K to $313K in just 19 days. The thread serves as a fascinating case study for anyone interested in cryptocurrency trading and investment strategies.
Key Takeaways:
Strategy Overview:
- The wallet owner focused on trending tokens on decentralized exchanges (DEXs).
- Tools used for analysis included @mest_io, @etherscan, and @dexscreener.
Top Trades:
- Bought approximately 6 billion FINE tokens for ~$29,787.
- Total Profit and Loss (PNL): ~$148,663.
- The trade was executed on the second day of the token’s listing and yielded a net profit of $147K in just 7 days.
The FINE token trade is a classic example of timing and strategy. The wallet owner didn’t just buy the token; he bought it on the second day of its listing. This is often a critical period for new tokens, as initial volatility starts to settle and real market interest begins to manifest. Making nearly $150K in just a week shows not just luck but also a deep understanding of market timing.
- Initial investment: ~$18,754.
- PNL: +$52,416.
Trade on US-Banned Exchanges With No KYC 🤫
Tired of missing hot new listings because your favorite exchange is banned in the US? 🇺🇸
With RocketXchange you can finally trade on Kucoin, ByBit and more without registration or KYC!
Simply connect your wallet to access every coin. No VPN needed.
Seamlessly bridge between EVM, Solana, Cosmos and 100+ chains. Discover the next crypto gem with low fees.
Take your trading to the next level with:
- Instant access to banned CEXs
- No KYC required ️
- Trade on your terms – no registration required
- Maintain full custody – tokens stay in your wallet
- Access liquidity across leading DEXs and CEXs
- Bridge assets quickly between any blockchain
Escape CEX limits today with RocketXchange!
Show more +Show less –This trade exemplifies the high-risk, high-reward nature of investing in meme tokens. The wallet owner was able to triple his investment in just a few hours, but it’s worth noting that the token gained an additional 150% after he sold. This raises questions about exit strategy and whether holding for a longer period could have yielded even greater returns.
- SUPER: Bought ~585,514 tokens, PNL: +$8,796.
- CURVE INU: Bought ~809,234,068 tokens, PNL: +$15,023.
- The wallet owner also invested in about 5 other tokens, accumulating the rest of the profit.
Starting Point:
The wallet owner’s humble beginnings, trading with just $3K-$5K, serve as an inspiration for small retail investors. It shows that you don’t need to start as a “whale” to make significant gains. What you do need is a solid strategy and the courage to take calculated risks.
Risks and Losses:
- Despite the impressive gains, the wallet also experienced some losses, which dealer.eth referred to as “total REKT.”
- The wallet’s peak value was $362K, but it has since decreased to $275K.
Wallet Address for Further Analysis:
This thread by dealer.eth provides valuable insights into the volatile yet potentially lucrative world of crypto trading. It’s a testament to the importance of strategy, timing, and risk management in achieving extraordinary financial gains.
We recommend eToro
74% of retail CFD accounts lose money.
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
How are regular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. 
Crypto arbitration still works like a charm, if you do it right! Check out Bitsgap, leading crypto arbitrage bot to learn the best way of doing it. CaptainAltcoin’s writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
Source