April 29, 2023 Grandpa checks in
Yesterday, B-An launched EDU, which attracted a lot of attention. After opening 20 times, it went sideways in the short term and then continued to pull up, and pulled up another 50% on the basis of the increase, with a total increase of more than 30 times. The cost of hedging BNB this time is about 0.8U. If you sell it now, the profit will also double. In fact, after EDU was launched on Launchpad, the market response was not good, mainly because it was the first time for an education project to be chain-changed, which was different from the pure currency circle projects that everyone usually played. However, after the opening, it achieved outstanding performance, and public opinion made a 180-degree turn, and they all joked that "there is nothing poor but education."
The inspiration that EDU launch gave us lies in the gameplay of hot projects. In fact, I did not analyze the fundamentals of EDU. To be honest, it is not easy to analyze a traditional Web2 company. Even if the investment research team has finished the analysis, the price of the currency may have gone through several rounds. This is in line with the logic of following B An and CZ. At present, B An has firmly grasped the top resources, and the Launchpad team’s online projects are definitely not decided on a whim. Its fundamentals are definitely stronger than most projects. Although the track that B An is concerned about may not come out, it does not prevent us from following and taking a look. For example, if you don’t want to take over the secondary market this time, why not play with the new stock?
For a project, popularity and financial support are complementary to the development of the project. Just like many DeFi projects, the trust of funds increases the lock-up volume and trading volume, which will drive more funds to enter with confidence. For the development of the project, funds are a factor, while for the price, there are more factors. We can constantly summarize some important factors based on experience to help improve the success rate of investment. In general, I think popularity is a very important factor. Taking the Hong Kong concept as an example, the high popularity and the pull-up in the early days attracted a lot of funds, but after the popularity fades, the price will face a great test.
As for the market, the short-term trend is sideways. Today is the first day of the May Day holiday. There is not much fluctuation. I think the dog dealer has also given himself a holiday. However, according to my judgment, the sideways trend will not last too long and there will be a new direction. There is no update on the current strategy. The core is to hold the spot and wait for a breakthrough. In recent days, people have been talking about the famous brand contract player AK's liquidation in gmx. Although he had a high winning rate in gmx before and attracted a lot of attention, he was also liquidated in this wave of pin market, and the highest position of 20 million was reduced to zero overnight. As a financial product with leverage, I think digital currency should be treated in the right way and not too hasty.
Thank you for your attention and praise, happy May Day holiday. #EDU #Launchpad
