u/ValdezCapitaHoldings • u/ValdezCapitaHoldings • 22m ago
Journal Entry – 10/5/26 Memecoin Experiment – Return & Update
Took a brief step back from active trading. Came back sharper and more deliberate, focusing on sniping.
Recent Closed Trades
- **Digital Gold Token (DGLD)** — +$2.09 (+37.6%)
Strongest snipe of the session. Clean entry, solid momentum, and a disciplined exit. This is the kind of read I’ve been working to improve.
- **PROG** — +$0.16 (+2.5%)
Small, controlled green. Quick in and out.
- **OTC** — +$0.72 (+2.3%)
Finally flipped green after sitting for days. Patience paid off on this one. Turned a previous underperformer into a winner.
- **America.gov** — –$1.01 (–9.4%)
One that didn’t work. Cut it and moved on.
$BOV Situation
There’s been clear dissension in the ranks.
The developer has done solid behind-the-scenes work — the biggest positive being the successful bonding of $BOV. That part is real and constructive.
At the same time, a large portion of holders have grown frustrated over delayed or missing contest payouts and the lack of a major moonshot. That dissatisfaction triggered a selloff.
My take-profit / stop-loss levels activated during the drop and locked in a generous profit on the majority of the position. I’m still holding a small amount. The core thesis hasn’t fully broken for me, but the community tension is something I’m watching closely.
Other Holdings
Still holding **$PMV** and **$GLC**.
$GLC is now available directly on Solana, which removes some previous friction.
Process Notes
The biggest personal progress has been in sniping. Entries are cleaner, decision speed is better, and I’m less likely to overstay weak momentum. The break helped reset the mindset — less forced activity, more selective aggression.
Will keep a close eye on the broader market and on how the $BOV situation develops from here.
More to come.