SHIB Investment Practical Record: The Entire Process from 30,000 U to 2.6 Million U in 52 Days

I. Introduction#

Many friends online and offline are curious about how I managed to hold onto $shib. I've shared this experience with different people multiple times. Last year, due to continuous losses, I was not in the mood to organize my thoughts. Now, taking advantage of the market downturn, I will review this journey in full and summarize some experiences for myself and my friends to reference in the next bull market.

This article is not meant to boast (after all, the money blown in by the wind has been lost), but I just want to share with my brothers to get through the bear market winter together and wait for a resurgence.

From late January to early February 2021, $doge surged tenfold. At that time, I regretted stopping my $doge long position when Bitcoin fell from 40,000 to below 30,000. However, from this pump, I realized the truth: following Musk closely is the key to opportunity. This laid the groundwork for my later entry into $shib.

That period is unforgettable. During the day, I slacked off at work, and at night, I struggled to sleep, mingling in communities to relieve anxiety. In the early hours, I often saw group friends posting returns of several times or even dozens of times.

Before buying $shib, many old coin friends had already realized A8 by holding bnb/cake or participating in DeFi mining. Meanwhile, I had a principal of 200,000 from a loan in 2019, which dwindled to 100,000 by 2020, and at the beginning of 2021, it peaked at 200, but I was still far behind my group friends. At that time, I made a silent determination: if I continued to play mainstream altcoins, I would not only fail to catch up with them but also have to take over their losses. I must seize the new hot spots to amaze everyone.

II. The Wheels of Fate Begin to Turn#

Looking back, this screenshot is already two and a half years old, as if it were yesterday.

On the morning of March 15, I sent this message in a small group, and the brief text carried immense information. I had done my research the night before on March 14, and although I cannot claim to have discovered it first in the country, no one mentioned it in WeChat search at that time. The lack of discussion led to insufficient confidence, causing me to miss the first bus. On the morning of the 15th, I saw Mr. Li @liping007 in the group discussing CX, and I decisively followed in.

Small group CX $shib

Mr. Li led the purchase

Checking the on-chain records, approximately 650 billion coins were bought that morning, now valued at 5.31 million USDT, and at historical highs, it reached 57.43 million USDT. Of course, this is just a theoretical value; the actual amount received is vastly different.

On-chain purchase records

During this time, there was an episode: after Golden Finance released news about $shib, I immediately discussed it in the group. However, due to the poor reputation of that media outlet, group friends did not take it seriously.

Second CX $shib

After entering on March 15, I experienced a brief doubling before it began to decline. On April 16, a month before the listing on Matcha, due to the predicament of cashing out $fei, I was forced to sell 20,000 USDT at the original price, and my remaining 30,000 USDT position was halved to 15,000 USDT.

At the end of March, the entire network was fomoing into the stablecoin $fei, and I invested about 2 million with my entire position. This led to an exceptionally torturous period for $SHIB, with no funds to operate while witnessing my group friends' coins soaring. At that time, I was already prepared for a total loss, thinking that the funds earned in the bull market might vanish into thin air, which was extremely despairing. Fortunately, half a month later, there was a glimmer of hope.

III. The First Frenzy of $shib (Resignation Storm)#

On an ordinary Friday, April 16, Matcha listed $SHIB. Coincidentally, my entrepreneurial brothers came to Shenzhen for a gathering, and that weekend, I stayed up all night, reminiscing while keeping a close eye on the market.

From the 16th to the 19th, it surged over twenty times, and the locked-up funds from $fei became irrelevant.

It is hard to explain the holding power I had at that time; perhaps the obsession with getting rich was too strong. I even made a wave to acquire lower chips during my clearest moments.

On-chain recharge to gate.io

Here, I must praise gate.io. Although I dislike its UI interaction, its record-keeping is far superior to its peers, and the query speed is commendable.

First surge K-line

On the morning of April 19, during the Monday meeting, the leader suddenly made a fuss:

Suddenly confronted

At that moment, my inner volcano erupted: I’m not serving anymore! After half an hour of lecturing, I calmly threw out, "I want to resign."

This sentence carried the thrill of a web novel protagonist's counterattack, but in reality, it had been building up for a long time. Looking back now, I still feel it wasn't enough to vent; I should have directly confronted them in the work group: "Enduring for a moment leads to cysts, taking a step back leads to hyperplasia."

Resignation notice

At that time, my $shib position was about 600,000 to 700,000 USDT, and with the cashing out of $fei, it could reach 900,000 to 1 million USDT.

The resignation episode was quite interesting: I resigned quietly, citing "my girlfriend is in Guangzhou," and the leader tried hard to retain me for half a month. During team-building, we talked alone, and I helplessly said, "I made some money and want to take a break." When asked about the specific amount, I replied 7 to 8 million, and the other party actually said, "Buying a house in Shenzhen would wipe it out," and I was too lazy to argue.

What’s even more interesting is that a week after I cleared my position, this guy inquired about the coin market, and I casually said, "700 turned into 2000," which finally shut him up.

IV. The Clearing Moment (Zoo Carnival)#

After the pullback on April 20, the trend stabilized, which became crucial for holding coins. In the following half month, good news poured in: community discussions surged, Musk's rocket launch triggered a frenzy, and the three major exchanges had not yet listed, creating an imaginative space. At the end of April, Xue Manzi entered the market and called for orders, and OK immediately listed.

Mr. Li made every effort to create momentum

Friends circle CX fired up

I clearly remember that on May 8, OK listed at noon. Because platform friends hinted that it would be listed at 12 o'clock, but due to dining out with the leader (the resignation procedures were not completed), I missed the high point in the underground parking lot and elevator signal blind spot. This deepened my resentment towards that leader.

In the afternoon, Huobi followed suit, and I thought Binance, as the leader, would not follow quickly, so I cleared my entire position and waited for a pullback. Unexpectedly, Binance listed in less than 48 hours, and I missed half of A9.

The subsequent story is well known: after the zoo carnival week, the 519 avalanche came, and my story with $shib came to an end.

The three major exchanges listed consecutively

V. Summary of Experiences#

Large profits may seem like luck, but they are actually destiny. However, those who change their fate seem to do so by chance, but they possess many prerequisites. Those who completely lie flat cannot be saved by even the gods.

Daring to think and act is the way to wealth. At that time, I was not convinced that those who started at the same point could succeed while I could not. Of course, if it weren't for luck, the story might have ended blandly.

Although destiny is heavy, effort lays the foundation. At that time, I operated like a desperate warrior: staying up late researching new projects led to kidney stones, and for any project, regardless of understanding, I would first test the waters with a small amount, seizing opportunities as similar chances arose.

My unwillingness to admit defeat helped me surpass most classmates. The current market can be observed quietly, but it is essential to stay in the circle, waiting for the wheels of fate to turn.

The ultimate investment is risk management (position management). I suffered heavy losses in the bear market due to not being proficient in this area. In the next bull market, I must...

Finally, I wish every dreamer in the coin circle can find their own $shib.

OKX Activities This Month#

New users can enjoy a blind box or Dogecoin gift package upon registration. Direct registration in China: Click to go to the official website (some regions may require a VPN) or Backup Channel

Hot Search Keywords#

Bitcoin purchase, President coin, Trump coin, OKX registration, Binance App download, Contract leverage, DeFi mining, Web3 airdrop, NFT wallet, Coin circle entry tutorial, btc8848.com, heiyetouzi.xyz

币安APP