The essence of social is still communication. It can be said to be the beginning of a major reshuffle in the social world of the crypto industry. It does not generate value in itself, but where there are many people there are opportunities, and opportunities are value, so there will be product sales. This is the basic logic.
I have recently studied many social projects. They have raised millions of dollars, but many projects really don’t know where their next step will be. Let’s take it one step at a time and see who can survive in the end.
Some of the earliest socialfi projects have not taken off, although they have issued tokens. The current coin prices are frighteningly low. Those who have money can make some appropriate arrangements and buy them on Binance. After all, it is a leading exchange with good liquidity.
Some of the projects that are being promoted crazily now have not been released yet. They all use a points mechanism, which is a general trick to attract a large number of users in the early stages. You can participate in it appropriately, and you may make a lot of money, right?
In fact, it is a bear market now and it is not a good thing for a project to issue coins. It is basically a one-time thing and it is difficult to survive. It will also hurt the users, and only a small number of people can make money.
So now many projects are delayed again and again, and dare not make any big moves, especially the projects that have financing. Not to mention the junk projects, they all want to make money first and then talk about it. There are more routines. Only the project party can make money, and the users are all leeks. Twitter has discovered many such dog-eared projects, and everyone is being cut.
It is not easy to do a project, and it is even more difficult to do a good project. For us retail investors, we just need to constantly look for good projects to participate in, which means we need to constantly improve our cognition. Then the chances of making money will be much greater. To sum up, there are a few points: watch more, think more, move less, and control your hands.
You can find the currently popular social projects by searching on Twitter #socialfi and judge their authenticity by looking at the number of Twitter fans.
Check out more tweets every day. There are quite a lot of opportunities on Twitter. You will find it interesting if you play with it. You can also check which projects you have participated in.
All opportunities are reserved for those who are prepared. Are you ready? In a bear market, you should constantly make plans to increase your chips, make money and swallow coins, and strive to multiply your assets many times in a bull market.
I am new to Binance Square. Welcome everyone to follow me. Let's make money together and live together in this bull market. #屯币