1. Where to choose new coins?
2. How to judge whether a new currency is reliable?
3. What price is more appropriate to buy after the market opens?
4. When do you sell after buying?
5. Detailed examples of how to operate 1inch grt, the first three major currencies, and bnbh, the first currency of uni?
6. How to roughly value vc coins and meme coins?
7. How to judge whether an old currency will make a comeback after it plummets? Examples
8. The leading currency has skyrocketed, how to catch up with the leading currency? Which imitation disk is more certain and can be charged directly? Exampleblwa
9. How to make buying and selling operations so that you will have no regrets, no FOMO, and can advance and retreat freely.
10. Withdrawal is the only criterion for testing finance. How safe is it to withdraw RMB?
1. How to screen new coins.
This is how I usually screen new coins. First, all new coins on bsc deploy contracts. I have a robot to monitor them. This step is the audition. The second step is to have a small partner specifically screen and track. Generally, five or six currencies will be screened every day. The channels are other people's Telegram groups and WeChat groups. The third step is to go through it myself at the end and decide which one to pursue. This is my process for screening new coins.
2. How to judge whether a new currency is reliable.
After screening new coins, a bot will be used to run a contract for this token to see if it is a Pixiu market and whether there are any trading time restrictions, etc. Then follow Twitter, Telegram, Discord, etc., and the most important thing is to carefully read the docs of this project to see the gameplay, economic model, etc. in the document. The last thing is to look at the market capitalization and liquidity pool when the market opens.
3. At what price is appropriate to buy after the market opens?
To give two examples, bnbh and bico. After reading the token model and gameplay, bnbh released very few circulating tokens at the opening. Then I remember that when the market value was just 20 million US dollars, the liquidity was about 3 million US dollars. When the opening price was 0.2, I rushed into 50 bnb without hesitation. Overall, I felt that the total market value was appropriate, the popularity was good, and the liquidity was good, so I didn't hesitate. I read the docs at that time, and there were very few token unlocks, which was the concept of web3.0. Large institutional investment, Huobi OK debuts. Generally, I choose to buy the top three products from OK, because the price at OK is slightly lower. Before the opening, I asked my friends in many groups what price bico would be expected to open at, and everyone said it would be between 5 and 10 US dollars. OK, the opening price was 4.5 US dollars. Within a few seconds of the opening, I ate all the market prices. I just didn’t expect to go to cb so quickly and rush to 20u.
4. What is the appropriate price to sell after buying?
I usually double my principal. There are some that I'm very optimistic about. For example, I won't sell them all until the number of people has doubled. I think the core point of this selling is whether more people are willing to buy and can eat up the previous profits. This is a matter of opinion and requires personal exploration. Anyone who knows how to sell is a master. Selling requires too much judgment. But one thing is true, it goes up and goes out at the same time.
5. Review how to arbitrage GRT 1inch, one of the top three coins in the market.
I remember grt and 1inch very clearly. At about two o'clock in the evening, I saw that uni was on the market. I bought it immediately. After buying, I made a profit of 20 points and then went to bed. The next day ok announced that it was going to be listed. After ok opened, the price stabilized five minutes later and I bought it. After purchasing, have lunch on Huobi and Binance. Then he wailed and pulled the plate. Many coins are OK. I like to buy them first.
There are many coins that are listed on the three major currencies on the same day, and the market opens early. I will buy them early, and then wait for Huobi and Binance to sell before selling. There are actually many 1inch grt, uni shib and so on. Including the currency bico, it was also listed on OK trading first, and then on Binance and so on. There is opportunity here.
6. How are vc coins and meme coins valued?
This topic is too big. I will have to make a special post later to talk about valuation issues. There is too much to talk about. There are too many examples. Skip this first. I will write a special article to talk about this later.
7. How to judge whether the old currency will make a comeback after it plummets.
For example, after Shib 519, I chatted with my friends. I firmly believed that there would be a bull market, and this was not a bear market. And after the bull market, I am firmly optimistic about the meme track, and my friends are optimistic about gamefi. He doesn't understand meme, I don't understand gamefi. The two talked logic to each other. Let me first talk about why I firmly believe that memecoin will make a comeback?
At that time, OK was the first to be listed on Shib, and it brought huge traffic to the exchange on the first day of trading. This traffic was so large that it shocked our entire company. I can’t say the specific data is sensitive and confidential. All I can say is that shib brings amazing traffic. Then I was in the shib community and watched them chatting every day. On Twitter, people outside the circle also asked me about shib, etc. Later, I figured out a problem, which is simple and simple: Bitcoin is essentially the biggest meme.
The currency is over-issued, the industry is not making money, people cannot invest in industry with their money, and stocks and real estate are not performing well. Eventually this money, especially from retail investors, flowed into the cryptocurrency industry. After staying in the currency circle for a long time, some elites are arrogant and only look at VC coins, ignoring the silent majority. The silent majority shouted Bitcoin Doge. Shib, and let Wall Street take over. Isn’t it interesting! Do princes and generals like Xiang Ning have the guts?
There is nothing difficult to understand about memecoin. If it is difficult to understand, you must be too arrogant. Listen more to the voices of the silent majority. This society is not what the media tells us. Memecoin is simple and easy to understand. If everyone buys it, I will buy it. The threshold is low, relatives and friends bring relatives and friends. Whether you look down on him or not, he has succeeded in revolution.
8. The leading currency has skyrocketed, how to catch up with the leading currency?
After bnbh became popular some time ago, blwa was released, which is a copy of Binance Hero. I also looked at the rough model and thought it was fair. There was little token circulation and the liquidity pool was locked. Many people who didn’t buy bnbh would be forced to buy the first imitation disk by fomo. Not every imitation disk can be purchased, but a more reliable one can be selected among the many imitation disks. High degree of consensus. There will also be opportunities for growth here
9. How to buy and sell without FOMO or regret?
People was bought in two tranches, bnbh, etc. You can see that my previous operation records were all bought in several tranches. The reason why I can't buy it all at once is because when I buy people or other coins, the liquidity may be only one million US dollars, or even less. The second is the fear of significant price changes. Regardless of whether it rises or falls, a one-time purchase will increase your costs.
How to sell without regrets? Every time I sell a currency, I will pay out part of it after I get my capital back, or when I wake up and see the price increase several times, I have to pay off the capital first. The principal always comes first. It's nothing more than doubling, tripling and paying out the principal, or increasing the capital by fifty points. This depends on different currencies and different positions to determine when to pay out the principal. If it were a few million dollars to buy a copycat gambling, I might have to pay the principal at 30 o'clock. If you are a local dog, you may get three times the money.
It is necessary to analyze the specific situation in detail. If the position is too heavy, you will definitely have to pay out the principal if it rises a little. If the position is not heavy and the market value of the currency is low, you might as well give it a try. For example: people I paid four times the principal. I paid half of it, but after thinking about it I paid back the original price, which was about 0.004. They all ran away at 0.045. Because I was optimistic about this, but I didn't expect it to be 0.06 now. There must be some regret in my heart.
My blwa is above 0.8. If it goes up a little, I will take out 10% of my position. A little goes up and a little comes out. Never set a goal for yourself, and you have to do it ten times later, no matter what. When selling coins, if the price skyrockets, you must pay out part of it. Everyone must learn to calculate the profitability of newly entered funds and compete with the entire market. How to estimate the profitability of newly entered funds to determine whether we should withdraw coins?
This is the key point: This is the key point: This is the key point: How to estimate the profitability of new funds entering the market to determine how much currency we will withdraw? I entered blwa for 0.25. The total market capitalization at that time was US$25 million, and I forgot the circulating supply, which was very small. An hour and a half later it rose to 0.7. So: How many people bought like me when I bought at 0.25? Approximately how much capital? How many coins do the holding addresses have before yours?
I can't calculate the specific amount. I can only calculate that the total amount of coins that was ahead of me at that time was about 700,000 US dollars. When it rose to 0.7, they made a profit of about $900,000. Their willingness to sell, the liquidity of the capital pool, the overall user activity of the project, whether more people are starting to enter the project, etc. This is a comprehensive consideration. I can't have a God's perspective. Every data is calculated and quantified mentally.
Summary: Within a certain period of time, is the profit level of early users compared with the funds of new users entering the market, is it more or less? Is it less in the short term or less in the long term? This kind of data cannot be quantified to a specific point. The amount can only be determined based on everyone's personal experience and profitability. But every time there is a surge, some have to be released. You can't go wrong with this one. The more it skyrockets, the more it comes out. There is no need to sell it all out. If it rises even more in the future, you won’t have a single coin.
That feeling of fomo will make you lose your mind. If during the exit process, you find that the surge has ended and continues to fall, then exit everything and look for the next opportunity. What I said above is the experience of a native dog. Not applicable to mainstream coins, not applicable to golden dogs. The process of buying coins is essentially a process of confronting our emotions. It can only fight digestion a little bit. This will not cause our thighs to swell up after we all come out.
10.1 How to withdraw funds safely?
I withdraw all my funds from Binance. Because I have made purchases on other platforms and my bank cards have been frozen. Binance was also the first to introduce the t+1 model, which freezes merchants’ funds for one day. Money launderers dare not keep their funds on Binance. When I withdraw money from Binance, I go to the key account manager to withdraw money. I also choose the merchant to withdraw money from in the optional column. I usually choose the one with a slightly cheaper price. Try not to choose the one with the highest price. Binance is relatively safe. This is based on my one or two years of withdrawal experience.
10.2 The nature of withdrawal is prohibition of fomo
I have countless experiences of not selling coins at high points, not withdrawing money, and then holding the money to continue playing with the next coin, resulting in heavy losses. It causes problems with my daily consumption. When buying Roujiamo in life, I would not even be willing to buy two, I would only buy one to eat like this.
When speculating in currencies, money should not be used as money. After losing money, life will become a problem. I've actually experienced this countless times. Later, a friend gave me a trick, which I thought was awesome. That is, about 20% of the profit from each currency speculation is withdrawn in RMB. In this way, it will not affect the next coin speculation, and you will not be so frugal in life that you dare not eat one more Roujiamo. The complexity of withdrawing money is the most difficult and difficult option in the process of currency speculation.
Every time I withdraw money, I feel extremely reluctant. I really don’t want to withdraw money. After withdrawing the money, I found that I felt more rational inside. So my advice to everyone is: when you feel a little FOMO, just try to withdraw money. It will restore your sanity and make you feel better. Don't be a gambler.
10.3 Supplementary information: What should I do if my card is frozen?
My Bank of China card was frozen just now. I checked the record and it showed that I had withdrawn money from Binance half a month ago. Generally, there are two types of card freezes. 1. It is bank risk control. Bank risk control will basically be solved for you in three days. Don't worry. 2. The police station in a certain place freezes it for you. In this case, it will take three days to unfreeze, because the chain you are involved in is far away from the black money account.
It is the most troublesome if it is not defrosted after three days. You need to go to the bank and ask which police station froze it, and then call the police station to ask about the specific situation. Either your case is over and it will be unfrozen for you at least half a year later. Or you can turn over the part of the card that involves black money and confiscate it.
