The following is the original text
Some summary, not investment advice.
2017 was the ICO era, and public fundraising directly replaced VC and PE, so the bull market in 2017-2018 belonged to OG.
The platform is an agent investment. As long as you grab the shares, you can make money.
DeFi will rise in 2021, and the actual market will begin to diversify. As long as you run fast, you can make money.
money.
At that time, IEO could negotiate with the project owner to release a portion of the shares to users, so the general pricing on the line was
Buying new rather than old is also a typical feature of this period.
However, IEO compliance is generally considered to have legal risks in most countries, so it can only be airdropped and market-priced.
This means that if the circulation volume is large and the opening price is low, the project will perform relatively stable, such as BB and Lista, but compared
In 2021, the price rose too fast and lacked sufficient cleansing process.
The 2024 wave of growth was initiated by the BTC ETF. The smart money in this wave belongs to the king-level projects and cat-stroking jobs.
They love each other and create a wave of beautiful data together. On the one hand, the project party can raise funds from VC.
More money (if you look at the top VCs in the market, they are all over a billion dollars, which will indeed push up the price of good
Project pricing), while on the other hand, the project side, which has both money and users, is full of confidence, with millions of
Users, it doesn't matter if they don't go on a certain platform, there are many platforms that need to be listed on CEX, and if there is no CEX, there is still DEX.
There is Dex on the chain.
The trading platform does not have the power to set prices, so for projects with high valuations, it is better to look at the fundamentals.
Don't just look at the market value, it's better to look at the circulation volume.
Today, the market has indeed changed again. The internal fighting between the cat-stroking studio and the L2 project has turned into a farce.
The era may be coming to an end. Currently, there are more professional players in both the primary and secondary markets, and they have various tools.
The tool can achieve risk hedging, but it also expands the market size. Currently, as an ordinary investor, using the 2017
ICO, 2021’s IEO, nesting dolls, and even 2023’s cat-stroking strategy may not be suitable for today’s market.
Does a lack of VC investment and fewer project parties mean a healthier market?
There will be some projects that survive the bull and bear markets, and there will be countless top-level projects that fail along the way, whether it is web2 or
In web3, successful startups are extremely rare, and projects that cross the chasm and survive the cycle are even rarer.
Investing is risky, so be cautious when entering the market.
