Summary of how BSC retail investors chase and harass dogs
1, In order for Binance to develop the BSC chain, from now on the main site will only list coins from the BSC chain
If other chains make exceptions, it’s only—unless it’s a coin issued by Trump or a coin backed by other super celebrities/brands (Musk, Nvidia, or other world-class top figures). Otherwise, there will be no expectation of getting listed on Binance later!
2, The dual saints on the BSC chain meme is neither encouraged nor opposed. It will only stir up trouble and draw the heat over when other chains have a hotspot and show signs of improvement.
3, The BSC chain splits attention in many ways, and there are the following situations
When other chains have a hotspot, and the two saints on BSC jump in to stir things up
1. Best case: a meme coin that’s organized by the official BSC Two Saints (BSC二圣) stepping in. These coins are usually very hard to buy all the way down to the bottom, because even if there’s a market maker, it’s difficult for liquidity to be diverted (drained away). The meme coin you see will likely surge up very quickly. When it has already risen to 5m or 10m+, then you can consider entering after a 50% pullback. If it keeps rising and doesn’t pull back, don’t chase it higher. Before the coin gets listed on the main site, there will be several rounds of shakeouts (wash trades), and you can enter then—it’s much better than chasing and getting rugged.
There’s only one type of meme coin you can buy on BSC. Before Binance Life launched, there might have been many wild coins that could possibly get listed on the main site. But right now, it’s basically impossible for wild coins to be supported.
Binance Life (币安人生) is a coin born in a savage way, but it’s been granted an official identity. Other than that, unless there are meme coins of the same level in the future, it’s basically impossible for anything else to be supported.
2. In any other situation, you don’t need to buy any BSC-chain meme coin, because your principal matters more than missing out (being left behind).
4. Compared to getting rugged on-chain, when you’re feeling anxious, it’s better to let the meme coin and the hot trend run for a bit. Let the leaders run out. Wait for a pullback to buy the leader. Sell when you get an alpha move. Buy again on the next pullback (bottom catch). On futures, sell; then buy again on the pullback. Sell on spot; then buy again on the pullback. Finally, see whether this coin has entered a market-maker’s position (a “Zhuang”); that determines how long you should hold.
