From $400 to $940,000! How does he do it?
Recently, I relied on trading the currency $WIF. I entered the market with $400 and exited with $940,000!
Many people ask me how I do it, and my answer is: seize both rising and falling opportunities, and look for opportunities when the market fluctuates.
After 2 full crypto cycles, I finally made a deal worth writing an article about. So, let's get started.
️Extended reading: "Dog Hat Coin" takes over $BONK, setting off a new wave of meme coin climax! Why is a Shiba Inu wearing a hat driving everyone crazy?
Phase One: Meme Hunting
At this stage, luck plays a bigger role than skill.
Of course, knowing where to look is crucial, but stumbling upon the right coin is more a matter of chance than strategy and skill.
Although Telegram, Discord, or
Fortunately, my previous venture into Solana proved to be serendipitous.
While platforms like Dexscreener or Dextools are the first choice for many, they generally favor Ethereum. For Solana, I recommend the website birdeye more.
My search started with a simple criterion: capture my attention within 1-2 minutes. The token name must be catchy, like a gem among many tokens.
So, I went into the "Find Gems" (a category in Birdeye) section.
Among the countless names, one stands out: $WIF, "dogwifhat".
A quick check of the market cap shows it's modest. Taking a closer look at the Security tab, everything seems to be in order. K-line chart? Bland, but okay.
Then a search for
A smile appeared on my face. After browsing through posts and searching for the $WIF tag, I stumbled upon the legend of "dogwifhat."
At that moment, I understood. I have to invest, for better or for worse. With my Solana wallet low, I made two trades of $200 each with the promise that I would come back and decide whether to add to my holdings once the price moved.
Stage Two: Climb to a new level
This is the story of how my $400 turned into a whopping $45,000.
Within days, I forgot about my investment. Then, one day, while I was minding my own business, I decided to take a peek in my wallet.
Lo and behold, there it was: $WIF, shiny and worth $45,000.
My first reaction? Suspect. Could this be a glitch? I quickly checked the K-line chart and found that the currency price had indeed skyrocketed. The followers of the dogwifcoin account multiplied and the number of holders soared. This is madness.
My interest in these topics led me to find myself joining the $WIF Telegram group where the discussions never stop. The chat was filled with stickers and pictures of dogs wearing various hats, prompting bursts of laughter from the group.
Everything is so simple, yet so fun. That's when it hit me: this meme is infinitely scalable. Just by exchanging dog hats, the possibilities are endless (Editor’s note: this is a meme in the community).
At that moment, I considered my $45,000 investment a great investment. With 2.08 million coins in hand, I decided not to invest anymore.
But alas, I still feel regretful. Why did I only invest $400? I could easily invest $1,000, $2,000, or even $4,000.
But such thinking is futile. I had to live with my decision and embrace the community I was a part of.
我發現自己加入了 $WIF Telegram 群組，那裡的討論從未停止過。聊天中充斥著狗戴著各種帽子的貼紙和圖片，引發了群友的陣陣笑聲。
Phase Three: The Rise of $WIF
From here, it’s a transition from luck to strategy.
With a $60,000 balance in hand, I continued to research how $DOGE, $SHIB, $PEPE, etc. were making huge gains,
It turns out there are only two ways:
You have to be at the extreme end of the IQ curve (very high IQ or very low IQ).
You need to be rich enough to ignore the 60k profit.
Realizing I was somewhere in between, I devised a simple yet precise plan: Sell at the highs and buy at the lows.
Pretty simple, right? Well, not exactly. As time went on, the discussion around $WIF intensified. Many KOLs took notice and its value soared to over $100,000. Under normal circumstances, I would withdraw money quickly. But this time, discipline is crucial.
Then came the horrific -70% drop that tested my resolve. I instantly regretted why I didn’t sell more.
The next two months were a tumultuous roller coaster ride, marked by huge dips and exciting gains.
Despite the challenges, I remained steadfast and even survived a 70% drop in the price of the coin to $0.07.
Still, as $WIF becomes a hot topic on X and its market cap continues to swell, I have my sights set on a lofty goal: $1 million or a spot listing on Binance.
I strategically placed my trades in a frenzied market, selling incrementally as prices soared.
As the Binance spot listing approached, I sold a lot of my remaining coins between $1.8 and $1.9.
Although I made $60,000 less, I made that money on other trades on $WIF. (Am I really satisfied?)
Stage 4: What will happen if you hold it?
What would be the result if I took all the coins (2.08 million) to the end and sold them all for $1.90? That's about $4 million.
If you can do this, you are a god.
Ultimately, I entered the trade at $400 and exited at $940,000 to take profit.
What if $WIF goes to $4? What if it was $10? Of course anything is possible. But I have a certain amount in mind, and I conscientiously implement and implement my investment guidelines!
How did I make a profit? I sold a lot of $WIF and bought $SOL when $SOL was around $122~128.
I know that I am not a person with a super high IQ who can accurately predict prices.
I also know that I am not a person with a low IQ and can perfectly invest in lowering my intelligence.
Therefore, my advice is: seize both rising and falling opportunities, and look for opportunities when the market fluctuates.
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.
This article is reproduced with permission from: Shenchao
Review editor: Gao Jingyuan
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