Accurately escape from the top and avoid becoming a VC takeover | Two key points will teach you how to make money when VCs sell you 🤑
When you read the white paper of this project, a thought popped into your head, "Wow! This is awesome, this project will definitely be popular." Then you bought it and held it. As a result, the price remained unchanged and the total market value continued to increase. You look confused, why is this? Because you have become the receiver of VC coins
Many coins have a market value of 400 or 500 million as soon as they go online, and there are still large amounts of unlocking waiting for you. If you are really optimistic about this coin, at what time should you buy it with the best price/performance ratio? Just follow these two steps.
Step One: Track Token Unlocks 🧐
You can refer to token.unlock (https://token.unlocks.app/). It will tell you the "tokens" expected to be unlocked next and the "proportion of tokens to seeds", so that you can know the VC acceptance. How many chips will be thrown into the market, and the market will usually react in advance after knowing the news, which can serve as the first layer of cover.
Step 2: The lending rate of the currency😎
You can check the loan rate of each currency from OKX's "Finance" > "Loan". When you see "the loan rate of altcoins has soared", you should sound the alarm.
Usually, there are several uses for borrowing this currency, "using it to participate in activities" or "selling it at a high price." For example, if you borrow ETH, in addition to participating in JumpStart or staking on the chain, it should be trading or using the currency to roll. currency, but that is only possible for high-purpose coins like ETH. Other small coins are basically “transactions”. Take $Pyth as an example.
Operation example: $Pyth 👀
Pyth's large-amount unlocking was on 05/25. Before the unlocking, on 05/13, I observed on OKX Lending that the hourly lending rate was 50%. In addition to the "pledge voting" used by pyth, basically only transactions are left. , combined with large-amount unlocking, to judge "a large number of users borrowed coins to smash the market"
Therefore, I sold my $pyth in advance, and pyth also fell from 05/13 to 05/20 and reached the lowest point. I bought it after observing that "the lending rate returned to normal". By observing the token unlocking and the lending rate of the currency, I succeeded. Escape the panic of VC coins and retail investors
