I lost $15,000 on meme coins before I truly realized it. The pitfalls I’ve fallen into are almost standard for crypto investors—knowing the price has already skyrocketed by thousands of times, yet still unable to resist FOMO and jumping in, only to get cut. Only in hindsight do I understand that chasing the highs and selling the lows is a mistake almost everyone has made.

After experiencing this round of losses, I adjusted my strategy. Instead of focusing on projects that have already taken off, it’s better to pre-position in small-cap coins and wait for their breakout moments. These days, I’ve been monitoring Chinese meme coins on the SOL chain and found that there are still many early-stage projects in this space that are seriously undervalued.

For example, I recently came across a small Chinese meme coin called "拜年啦" ("Happy New Year"), which was just launched and is still in the fundraising stage. With the Spring Festival approaching, culturally themed coins like this tend to become hot topics in the community, and their potential for explosive growth later on is quite significant. They might even catch the attention of mainstream exchanges.

If you want to try pre-positioning in such projects, my advice is: use a few dozen dollars as trial funds, expect 100x or even 1000x returns, but absolutely don’t go all-in. After all, small coins are risky, and stop-loss and mental management are more important than anything. My lesson this time is that greed can lead to pain, and I hope everyone avoids making the same mistakes.