#牛来 Date: 10.5

Dongge long-term password tracking

Note: Niu Lai

Market recap: Niu Lai was recommended to enter at 9.25. The entry price was 0.1. As a long-term password position, it also pulled into a small trend in the middle, reaching 0.12, but it wasn’t sold. Now it has fallen back to 0.083. In other words, the profitable trade didn’t get out and has instead turned into a loss. Is there still a chance to pull the board?

Yes. Although it doesn’t have the kind of background like life does, and it doesn’t have the narrative and hype like lobster does, Niu Lai represents the narrative of crypto + Web2. It’s one of the Chinese memes—and also a running gag.

Chinese memes usually pump first, then wash, and then dive underwater to wash the market. Like life and lobster, once washed, it’s a gain of 10x or more. If you’re stuck in a position a bit, don’t be anxious—just let time work its magic and let it settle!