In 2020, I stepped into the world of Crypto Assets and initially tried Futures Trading. After experiencing several fluctuations, I ultimately lost about $10,000. This experience made me deeply realize that in the Crypto Assets market, one must not only deal with market fluctuations but also manage one's own psychology.



Looking back, I have struggled in the stock market and deeply understand the complexity of trading. The importance of timely stop-loss and take-profit is deeply ingrained in my heart. These experiences have laid the foundation for my exploration in the Crypto Assets field.

In October 2024, I decided to switch to mining. After weighing different strategies such as contract trading, spot trading, airdrops, and mining, I chose the mining path that I was most familiar with. Although the market was at a high point at that time, I still decided to buy a second-hand Ant L7 mining machine with a computing power of 9050M.

The price of this machine is quite high, even for a second-hand one it costs 55,000. I understand that this may not be the best time to buy, but I can't wait to start my mining journey. After purchasing, I will host the mining machine in a mining farm. At that time, the computing power difficulty was around 62m, and an Ant L7 could generate about 140 yuan in daily income, leaving a considerable profit after deducting electricity costs.

It is worth mentioning that the Ant L7 is mainly used for mining dogecoin, and the returns from other coins are relatively low. At that time, the price of dogecoin hovered around 0.42, which provided strong support for mining revenue.

This experience gave me a deeper understanding of the cryptocurrency market. From the initial loss to finding the right mining strategy for you, every step is a valuable learning process. Although the market is changing rapidly, through continuous learning and adjustment, I believe that I can find my place in this field full of opportunities and challenges.
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