How to play in the currency circle?

The bear market is an opportunity for the poor to turn around, and time will give you generous returns. If you don't persist at the right time, you will not be rich.

First of all, the focus must be on the newly issued coins in 2022-2023. The ups and downs experienced by old coins in the bear market may damage investor confidence, but new coins have a new narrative logic, which makes it easier to attract major funds and has a higher probability of success. In addition, the capital cost of a new project is lower than that of an old project. Considering the project side's perspective, this choice is more reasonable.

Secondly, the project must have unlimited imagination, and it is best if it can change the production and lifestyle of all mankind. For example, the disruptive innovative applications of artificial intelligence brought about by ChatGPT launched by OpenAI in 2023. Only such projects can build a strong consensus, obtain capital support from the world's top investment institutions, and form a herd effect.

Third, the market value must be less than US$100 million, which is a suitable prerequisite. Projects with small market capitalization have greater room for growth and must have the investment background of core well-known institutions in the industry and the empowerment of top IP traffic. This support can provide a strong backing for the project.

Fourth, timing requires planning from the end of a bear market to the beginning of a bull market. The Federal Reserve's monetary policy is an important reference standard. The end of interest rate hikes may be a signal that the market bottoms out early and starts a new round of market conditions. Currently, the Federal Reserve's interest rates have reached a high level, and it is imminent to stop raising interest rates. For the medium and long-term layout, the best time may be at the end of 2023, depending on whether inflation drops to 2%.

Fifth, dig deep into high-quality projects with high market attention and investment from well-known institutions. This includes tracks such as Ethereum’s second-layer network, artificial intelligence, L2/Metaverse applications, games, DeFi, and the Hong Kong sector. It is necessary to conduct an in-depth analysis of the project founding team and investment institutions, and to experience the project process personally. Good projects usually have airdrop rewards in the interactive field.

Sixth, the project must be listed on some of the world's largest exchanges, such as Binance, Coinbase, OKEx, etc. The exchange is the entrance to traffic, and projects listed on the exchange tend to attract more institutional attention and have more investment opportunities.

Finally, the iron law of making money in the currency circle is to speculate in the new rather than the old.New projects have new storylines and narratives, while old projects have relatively low odds. Projects bring their own traffic, especially those that are eager to be listed by major exchanges, which deserve more attention.