Alvin, co-founder of Daily Coin Research
Cryptocurrency Experience: 7 years
Personal Background:
– Co-founder of “Daily Coin Research”
– Community Media Manager at OKEX exchange
– Overseas Market Manager at Matrixport, a virtual currency asset management platform
The blockchain media brand “Daily Coin Research” was founded in 2019, establishing an Instagram fan page that has garnered 53,000 followers to date. In 2021, the brand launched its official website, sharing articles on cryptocurrency project research and market trends.
How did it all begin?
Alvin, now a co-founder of the blockchain media brand “Daily Coin Research,” initially stumbled upon cryptocurrencies when he saw a classmate purchase Ether on the social platform Instagram, sparking his curiosity.
“During college, everyone was anxious, looking to save some money for better use after entering the workforce,” Alvin explained. “Cryptocurrency was still a novel concept back then, and my interest in new technology led me to choose investing in cryptocurrencies over stocks.”
Reflecting on his junior year in college at the age of 20, Alvin ventured into cryptocurrency investments. As a novice in the crypto sphere, he chose to regularly invest in Ether (ETH), “Even though I didn’t deposit more than 20,000 New Taiwan Dollars, every earning I made was reinvested in Ether.”
Apart from Ether’s affordability compared to Bitcoin (BTC), Alvin’s primary reason for choosing Ether was its richer and more engaging range of applications.
The Journey of a Novice Investor
Entering the cryptocurrency market during a bullish phase, Alvin’s initial capital surged tenfold. However, investment stories seldom maintain this level of bliss. “My capital grew from 100,000 to a million, only to plummet back to 200,000 swiftly,” he recounted.
Despite not heavily investing his capital, this experience taught Alvin the crucial importance of investment knowledge. To delve deeper into understanding cryptocurrencies, he engaged in self-study with friends and enrolled in numerous online courses.
Nevertheless, Alvin had his fair share of mishaps in the crypto sphere, encountering incidents such as frozen funds from FTX’s closure or DeFi projects being hacked. The most memorable upheaval for him was witnessing a DeFi project he invested in explode during the bear market. “I was riding a bike at the time, helpless, just watching discussions unfold as my $100,000 evaporated,” he shared.
Alvin emphasized that the
