Last night the market experienced a major bloodbath.
I just calculated that my most noticeable losses in the first wave over the past two days were from small memes.
Then on the second day, I switched to Xiao He and lost less.
Because the small ones are basically going to zero.
Then I sold Xiao He.
The second wave was Aster, but it was hedged with education.
Also, there was Xiu Xian, which I profited from yesterday when I entered Yepe and Memerush, effectively breaking even.
I reviewed and thought about it; the earlier big ones, VFY, Palu, and Education, were all profitable, ensuring the overall gain, but the profits have retraced.
If the last two memes come back, it basically won't have much impact.
The airdrop part of Aster equals the non-profitable part of wear and tear, but thinking about it, maybe I should just go for the secondary market, which carries more risk, balancing my mindset a bit.
Looking back at this phase, I'm glad I'm still in profit.
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