Original source: LookonChain

Compiled by: Odaily Planet Daily Wenser

Editor's note: As a well-known overseas encryption KOL, Ansem 's influence comes not only from his ability to capture early Alpha information, but also from his strong communication skills and affinity. Odaily Planet Daily will explore with you in today's article sharing to understand how he captured a lot of hundred-fold Alpha information including SOL, BONK, and WIF and started his own encryption journey.

Past achievements: Seizing SOL, BONK, WIF

Looking back at Ansem’s past operations, he has seized three opportunities for big phenomenal currencies:

170 times SOL

On January 1, 2021, when SOL was still unknown to most people, Ansem started to build a position in SOL at a price of $1.5 and shared it publicly on social media platforms. At that time, he referred to the SOL/BTC exchange rate.

11 months later, on November 26, 2021, the price of SOL broke a new high (ATH), reaching an astonishing $260, an increase of about 170 times.

80 times BONK

On October 30, 2023, Ansem posted a tweet on the social media platform, shouting: "bonk great coin". At that time, as a Memecoin, the price of BONK was only US$0.0000005618. Subsequently, BONK skyrocketed, attracting great attention from the market.

Four months later, in March 2024, with the resurgence of the Memecoin craze, the price of BONK once exceeded US$0.000045, an increase of more than 80 times.

520 times WIF

On December 12, 2023, in response to another crypto KOL @blockgraze ’s tweet asking “Who is the next SHIB?”, Ansem replied in the comment section: Only WIF has the potential of SHIB. He also posted a tweet on December 16, 2023 saying, “WIF = SHIB”, with an emoticon of a Shiba Inu wearing a woolen hat. Subsequently, in just a few months, the price of WIF soared from $0.09 to a record high of $4.85, an increase of more than 520 times.

Now, let’s learn how he accomplished these amazing feats.

From penniless to crypto-famous: Ansem’s rise

We can learn a thing or two about Ansem's past from his previous public tweets.

How did you start your encryption journey?

As early as October 2017, Ansem published a Thread post detailing how he learned cryptocurrency trading and gave his learning materials as a reference.

In 2021, he quit his job and started his full-time trading career. At that time, he also published a post about altcoin trading and investment operations based on time nodes , telling people how to judge the time and point to buy altcoins , and how to focus on holding Bitcoin at the right time without being distracted by other things .

In an interview last December, Ansem also briefly shared his trading strategy, which will be mentioned later. Interestingly, in this video interview, Ansem also briefly introduced his past background. According to him, he first studied computer science at Georgia Tech and later became a software engineer. At that time, his mentor was a cryptocurrency fanatic, which led to the story of his subsequent cryptocurrency trading journey.

How to use Twitter as your crypto toolbox

Ansem believes that as a gathering place for encrypted information, Twitter is crucial for people in the encryption industry. Regarding specific usage methods, he mainly mentioned the following precautions:

• Always online : Learn by watching and following top traders on Twitter.

• Make good use of tools : Use lists and tools to manage your information flow, such as using TweetDeck to browse information efficiently.

• Expand your sources of information : Listen to as many podcasts as possible to learn new knowledge and information.

Ansem's trading style

Ansem divides his portfolio into 2 parts:

• Some are long-term holdings (about 70% of the total position)

• The other part is more speculative short-term trading (about 30% of the total position)

In his opinion, the qualities of a successful trader mainly lie in the ability to accept mistakes and remain humble, and the ability to control emotions during market fluctuations.

How to make investment decisions?

His sharing in this regard is somewhat cliché, which is roughly: take the time to research a project and determine the main reason for holding its token. When evaluating the potential success of a project, it is important to consider its long-term investment direction and technological progress.

In addition, he also mentioned a few points of attention in the previous video interview:

• It is of utmost importance to record your transactions and adhere to the trading rules you set in advance.

• Don't break the rules you set for yourself in trading.

• You can understand your emotions and market conditions by recording your transactions.

What are some common trading mistakes?

Overweighting and fully investing are common mistakes in investing and can result in significant losses if forecasts are inaccurate.

Using leverage and holding large altcoin positions can lead to large losses without proper risk management.

It is worth mentioning that Ansem mentioned in a previous interview that some traders make an obvious mistake, that is, they only trade based on their own opinions and ideas, rather than according to market conditions; holding multiple different types of assets can maintain sustainability in the long run.

In addition, Ansem believes that TA (technical analysis) is very important for traders, more important than FA (fundamental analysis); combining FA (fundamental analysis) and TA (technical analysis) can lead to better trading.

The next 100-fold opportunity: Bitcoin Rune Ecosystem

On April 16, Ansem tweeted again that the next 100x opportunity is runes on Bitcoin , and 95% of the crypto people on Twitter may not pay attention to this at all. He believes that "compare the trading volume of Solana memecoins with the current unisat trading volume, and consider what kind of wealth effect will be generated if Bitcoin users have their own native altcoins to buy." At present, the number of readings of this tweet has reached an astonishing nearly 800,000 times, and it has also triggered heated discussions among many overseas crypto people.

As for whether his judgment can come true again, at this time when Bitcoin is halved and Casey’s Rune project is about to be released, let time tell us the answer.