1. Preface

Numerous acquaintances both online and offline have inquired how I maintained my $shib position. I've recounted this journey repeatedly. Last year's losses left me disinclined to document it, but during this stagnant market period, I'm revisiting the experience to distill insights for myself and others ahead of the next bull cycle.

This isn't a boast—profits from earlier surges vanished entirely, leaving nothing to flaunt. My sole aim is enduring this bear market alongside fellow enthusiasts.

When $doge surged 10x in early 2021, BTC's crash from 40K to 30K triggered my stop-loss. That moment crystallized a lesson: future opportunities would require shadowing Elon Musk. This conviction later guided my $shib entry.

Those sleepless nights remain vivid: daytime work negligence, nocturnal group chats battling anxiety, waking to peers flaunting 10x-100x gains.

Pre-$shib, veteran crypto contacts had hit A8 via bnb/cake or DeFi mining. My 2019 entry with a 200K RMB loan dwindled to 100K by 2020. By 2021, my 200-coin portfolio lagged far behind peers. I realized conventional altcoins wouldn't close the gap—I needed an explosive opportunity to surpass expectations.

2. The Wheels of Fate Start Turning

Reflecting now, this chart feels recent despite spanning 2.5 years.

On March 15 morning, I shared key findings in a private group after overnight research. Finding no prior WeChat mentions, I hesitated until spotting influencer CX (@liping007) buying in another group.

Private group $shib discussion

Mr. Li's buy signal

That morning's 650B purchase equaled $5.31M at entry or $57.43M at peak—though actual profits proved lower.

On-chain confirmation

Jinse Finance later reported $shib news, but its unreliability drew scant group attention.

Secondary $shib mention

Post-purchase, prices dipped after a brief sub-2x rise. During the stagnant month before April's MEXC surge, I liquidated $20K at cost, retaining $30K (later halved). Late March's $fei stablecoin frenzy trapped my 2M RMB capital, forcing me to watch peers' assets soar while mine languished. The despair of potentially losing hard-won gains lifted only weeks later.

3. $shib’s First Crazy Pump (Resignation Incident)

April 16—an ordinary Friday—marked $SHIB's MEXC listing. While hosting entrepreneurial friends in Shenzhen, I monitored the exchange relentlessly through meals and massages.

The 20x surge from April 16-19 erased my $fei concerns. My diamond-handed resolve stemmed from intense wealth aspirations, though I attempted tactical swing trades.

gate.io deposit record

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Initial pump chart

Come April 19, my leader's morning reprimand via WeCom ignited fury. After enduring his nitpicking for months, his condescension during a private meeting triggered my resignation declaration—a cathartic "cultivation novel" moment.

Workplace confrontation

Resignation submission

My $shib ($600K-$700K) plus $fei holdings totaled ~$1M.

The resignation aftermath held dark humor: claiming relocation needs prompted half-hearted retention efforts. When pressed, I revealed my 7-8M RMB profits. His dismissive "Shenzhen housing costs" retort collapsed days later when I updated gains to ~20M RMB.

4. Clearing Out (Crazy Zoo)

Post-April 20 correction, stability enabled my hold—continued drops might have triggered exit. Within weeks, bullish catalysts multiplied: $shib discourse intensified, Elon's rocket launch fueled hype, and top exchanges remained unlisted. Xue Manzi's public endorsement preceded OKX's listing.

Mr. Li's promotions

Unprecedented WeChat hype

OKX's May 8 noon listing caught me mid-meal with my leader in a signal-dead parking garage, costing me the peak sell opportunity—deepening my resentment. Huobi's subsequent listing prompted full liquidation, anticipating Binance's delay. Yet Binance listed within 48 hours, forfeiting half an A9 chance.

The ensuing "zoo" mania climaxed with May 19's vertical pump, concluding my $shib chapter.

Exchange listing sequence

5. Lessons & Summary

Major wins blend luck and destiny, but preconditions enable fortune's favor. Passive surrender guarantees failure.

Audacious dreaming precedes massive gains. My "why-not-me" mindset succeeded—but without luck, it'd be mundane.

Effort underpins destiny: kidney stones from sleepless research, deploying capital into every new project regardless of comprehension, building pattern recognition.

Persistence matters. This tenacity outlasted peers from school through crypto. Stay engaged—destiny's wheel turns unexpectedly.

Risk management remains paramount. My bear-market losses stem from neglecting this; next bull run will prioritize it.

Finally, may all crypto aspirants find their $shib.

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