I just want to share my LP journey from last month. I started August with $47.88 because that was the balance I had left in this wallet. you can see my positions from the start of the month here.
I kept growing my capital over time. and ya, like that good boy said, “crypto is a game.” sometimes I win, sometimes I lose. so my results were just so-so until around august 19. I also went to MET Bali around that time, so I wasn’t active for a few days because I spent a lot of time meeting and connecting
I got back into LP on August 25 because I saw that the volume was really high. and ya, I made quite a lot in the few days before the end of the month. I was mainly focused on compounding and taking advantage of the volume on tokens. just do spray and pray.
The market was in ez mode at that time, so I was able to make that much. but it also affected how I played afterward. because I felt like making a lot of profit was really easy during those few days and when I got rugged, I didn’t cl right away. I kept holding the position even though I should have cl already. I think like when you get something easily, you start taking it less seriously and become careless about it. that’s what happened to me.
I started having that mindset after I had already made a lot of profit that day. I felt like even if I got rugged, I still had the capital I made earlier that day. that was really bad, and I realized it. but even so, I still managed to secure $2.55k in profit in August. managing my capital well and making sure I can keep what I’ve made is still my number one priority.