Coins in the SOL and AVAX ecosystem are booming, jumping up and down the price list. I guard $BIGTIME and $MEME and never forget my original intention. This week, my personal positions opened high and moved low. I had a good day on Monday, and then went from depressed to calm in the next four days. I woke up early today, hid in bed, and wrote the following emotion.
I usually watch YouTube, and there are some YouTubers who are good at chasing new projects. From the bear market to the current early stage of the bull market, every time Bitcoin or other currencies skyrocket, he will remind everyone of the risks, telling everyone not to FOMO, stay rational, and the bookmaker should wave the sickle at a high level. Then list a bunch of potential downsides. I think he is very naughty. On the one hand, he is pursuing new projects and looking for opportunities to make a fortune. On the other hand, he is amplifying his pessimistic tone to prevent the audience from chasing the rise.
I don't understand why some people always talk about bankers and cutting leeks. In their investment philosophy, rising prices are disgraceful, and pulling prices means that the market makers are selling, so the currency should not rise. It is normal to fall or consolidate at a low level.
In the Crypto industry, whether it is DeFi or NFT projects, the basic principle of making money is early detection and early participation. The advantage is low cost and small gain. We should follow market sentiment and not be smart. for example:
When PEPE exploded in the first half of the year, I saw a YouTuber with tens of thousands of fans analyzing the PEPE project and concluded that the project only had emotions and no fundamentals. He remained rational and did not intend to buy PEPE. Unexpectedly, Binance announced the launch of PEPE soon after, and the currency price doubled in 24 hours.
When writing or chatting, I rarely use words such as currency speculation, currency circle, banker, and cutting leeks. First, this is a term that has been circulated since the last bull market and is often used in negative reports by Chinese media, giving outsiders a very bad impression of Crypto. In my writing, I try to avoid using these stigmatized words.
Second, there is actually no currency circle in China. Since the introduction of the "Further Preventing and Dealing with Speculation Risks of Virtual Currency Transactions" in the second half of 2021, the Crypto WeChat group has been disbanded, Weibo and official accounts have been banned, and everyone has migrated to Twitter and Telegram. or Discord, sector practitioners run to Singapore, Hong Kong or the United States.
Third, Crypto is a free and fair market. For projects with large market capitalization such as BTC and ETH, is there really a behavior of bookmakers cutting leeks?I haven't seen any solid evidence, so I don't believe there are bookmakers. In addition, this is a global market, and the costs and risks of manipulation are also extremely high. What kind of bookmaker dares to take risks?
At this moment, the sun shines into the window sill. This winter is unusually warm. Get up, take a shower, do housework, and the otaku's weekend has officially begun.
