A well-known cryptocurrency trader, Ansem, has gained attention in the digital asset community for achieving remarkable returns on investments. Lookonchain, a data analytic platform, has examined Ansem's trading strategy, which involves allocating 70% to long-term holdings and 30% to speculative trades.
Ansem's success story began with his early investment in Solana (SOL), where he saw a return of 170 times the initial investment as SOL's value skyrocketed from $1.5 to $260 over eleven months. This initial success paved the way for subsequent profitable investments in WIF and BONK.
His strategic investment in WIF resulted in an impressive 520x return, reminiscent of the explosive growth seen in Shiba Inu Token (SHIB). Moreover, his support for BONK led to an 80x increase in value after he acknowledged its potential in response to a tweet.
Ansem's journey into cryptocurrency trading started in 2017 when...
