Daily Coin Circle Observation Notes 240510

1. Telegram Ecosystem TON is launched on a major exchange with an fdv of tens of billions. Ecosystem Dot Dot Dot Game is launched on a major exchange with an fdv of about 800 million. Big VC Pantera indicated that it has the largest position in TON. Referring to the previous investment of $250 million in Sol, this amount should also be several hundred million.

TON is a good coin, but it is highly controlled and has a very high fdv like WLD. I am bullish on it but would rather miss it than buy it.

2. Trump and Biden have polarized attitudes towards the coin circle. Trump strongly supports it and uses it to win votes. It is expected that if he is elected, it should be a good thing - but he changes too fast, so it is actually a bit uncertain.

3. The current position is still polarized after communicating with some friends. I personally hold more U
, and 20% of the position is high-quality projects and new opportunities in the market.

4. The meme platform pumpfun's 24-hour revenue exceeds that of several other platforms, which is a bit outrageous. People generally dislike high-fdv vc coins now. Objectively, the high-fdv copycats and the large-scale release in the next year will lead to great upward pressure; subjectively, I personally think that people are pursuing meme coins in large quantities, which is actually a reduction in investment enthusiasm for value coins.

The experience of many institutions in the last bull market led them to invest heavily in "more valuable" coins, resulting in high valuations of such coins in this round, which may lead to extremely low or even negative returns for many vcs.

5. Starting today, the investment channel has added a viewpoint classification to collect various insights

6. Starting today, inspired by teacher @0x_Todd, I decided to keep a simple diary every day. All previous diaries will be organized on my personal website for future review.

Compared with holding fiat currency, holding stablecoins such as USDT can obtain a lot of on-chain benefits. This is something that will break the circle in the long run and bring more and more newcomers to the currency circle.

The gas level of the ETH mainnet has been reduced to 3, which is in line with Vitalik's plan, that is, in the future, the mainnet activities will be less and less, and L2 will be more and more active.

Currently, ETH has re-entered inflation, and the annual inflation is 1.6 billion US dollars according to the current data - this seems to be okay for ETH?

Although the meme coin issuance platform Pump Fun on Sol is in PVP every day, its 24-hour income is equivalent to the sum of base, uniswap, ldo, and cake...

The era of meme?

Life is a game. If you want to reach the top, you either need to work hard, find strategies, use cheats, or recharge.

Ordinary people don’t have anyone to recharge, nor do they have cheats. The most important thing is to find strategies and work hard.

Rune had planned this move for a long time, so he also took the most ruthless actions.

In this drama, there is no middle ground between the dealer, the sickle, and the leeks.

Miracles of people who made hundreds of millions in this circle:

$magic followed loot when it was hot, bought into the top 10 and made a lot of money

$stx made a layout during the deep bear market, and the increase became a position of several small targets

Further away, there is a project party known by many people in the industry, who bought comp and aave in the summer of defi, thousands of times, n small targets

There are many people who made tens of millions in inscriptions

The law of miracles: deep cultivation, long-term, professional, plus a little luck.

Top 10 Misconceptions in the Cryptocurrency Circle:

This is stable
This will definitely rise sharply
It’s just a normal correction
It will rise again
This is just bad luck
It’s only a matter of time before I get rich
It’s impossible for the price to rise sharply if I sell it
This trend is very strong, I will definitely get on board
It’s impossible for me to be trapped if it’s so strong
As long as I don’t sell it and hold on tightly, who can sell me?

When the iPhone 4 came out, I was just about to change my phone. After comparing them every day, I suddenly didn’t want any Sony or Dopod anymore. I became one of the first people in the county to buy one, and I persuaded many people to join the trap.

At that time, stocks, cryptocurrency trading, and investment were beyond my sight, so I couldn’t know that I should buy stocks instead of mobile phones, let alone Bitcoin.

The world is so big, and the differences caused by information gaps are greater than the differences between people and dogs.

ETH has burned more than 10 billion US dollars in recent years, ushering in an era of deflation, but deflation does not mean appreciation, the key lies in the ecosystem.

Therefore, I do not quite agree with the view that "deflation is the core competitiveness of ETH", because SOL and others can enter deflation by burning or other forms.

Therefore, I would like to ask all the experts: excluding the assumption that "ETH now has the most developers and therefore will still have the largest ecosystem in the future", what is the long-term core competitiveness of ETH?

ETH has burned more than 10 billion US dollars in recent years, ushering in an era of deflation, but deflation does not mean appreciation, the key lies in the ecosystem.

Therefore, I do not quite agree with the view that "deflation is the core competitiveness of ETH", because SOL and others can enter deflation by burning or other forms.

Therefore, I would like to ask all the experts: excluding the assumption that "ETH now has the most developers and therefore will still have the largest ecosystem in the future", what is the long-term core competitiveness of ETH?

I have asked, BTC will not be unblocked.
The reason is that Satoshi Nakamoto cannot be found, so there is no way to report every year, and we can only wait for Satoshi Nakamoto to go to work normally.

If you made 50 million in the cryptocurrency circle, would you pay in full for a 5 million luxury car?
Are you afraid that people will target you to "beat the rich"?

Fat Cat is really heartbreaking. He fought with his life, but his sincerity was wrong.
But from another perspective, we come to the cryptocurrency circle, study hard, and make money faster.
At the same time, remember to keep your eyes open and don't give your sincerity to that kind of woman.
There are also good women - they often don't care how much money you have.
So, what you buy with money is not sincerity.
It is said that if a girl loves someone, the first thing she does is to help him save some money.
The market has been volatile recently, and I have become an emotional blogger to remind all future billionaires to cherish true feelings and beware of traps.

Ten thousand people survey: How much are you holding now? Do you have any bullets left?

Please vote seriously, and you will make a fortune in the next 24 years!

After doing some research, I found that many people are fully invested now.

How much are you invested now?

A horse that can count to 10 is an extraordinary horse, but not an extraordinary mathematician

How much you can earn depends only on how big your position is when you do it right.

If it is the bottom, it will not rebound, and the rebound is not the bottom.

Is the cow coming back? Am I going to buy back everything I have?