Home » Journal » See How Trader Turned $3K to $313K in 19 Days with Real Smurf Cat, FINE, and These Cryptos See How Trader Turned $3K to $313K in 19 Days with Real Smurf Cat, FINE, and These CryptosSee 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.

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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.

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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