$PEOPLE The inner monologue of an old player of people.

Advice: Sell the spot, do not trade contracts, remove from favorites

Right now, there are many retail investors in people, it is a coin with very strong consensus on Binance. Among them, Zhang Wuji holds a hundred million, what does that mean? Assuming the big player has spent several hundred million or even over a billion to pump, if Zhang Wuji sells out, the big player will also get buried. Spending big money and entrusting your fate to others, if you were the big player, would you pump? Zhang Wuji has a hundred million in spot, does not sell, does not pump, and this person is very active, which causes this coin to hover in the bull market, neither up nor down. Even if he sold, it would give the big player a chance to bottom-fish, the fact is he does not intend to sell but rather makes small profits daily through grid trading.

Furthermore, why do I not recommend trading people contracts? Because it is just a sideways coin, don't think it will crash, it won't. Also, don't expect it to rise. If Zhang Wuji has a hundred million in holdings, if you now have three billion RMB, would you dare to pump people? In other words, if you had thirty billion RMB, would you dare to pump it? That would just be asking for trouble, right? So people can only fluctuate around 0.06.

Why do I recommend selling the spot? Because the market outside is doing well. I've said this many times, selling should be decisive. Those who are reluctant to sell, are you thinking like this:

1. The sectors are all rising, isn't it time for people to rise too? If I sell now, am I not foolish?

Fact: What should have risen has indeed risen, the first round of widespread increase has ended, the fact is you have missed the first round holding people, if you do not stop your losses in time, you will miss the entire bull market.

2. Buy when no one cares, sell when there is a lot of noise.

Fact: People is definitely not ignored, it is one of the hottest coins on Binance.

3. What if I sell now and it goes up?

Fact: It is now obvious that people is a sideways coin, with a hundred million holdings there, what are you hesitating about? Most people believe people can rise, you should leave at this time.

Why do I suggest removing from favorites?

Go find a few junk coins from the last bull market, compare them to people, and you will find their trends are very similar. They are all popular coins, with many loyal users, yet they ended up as stablecoins.

This is the last time I'm posting this, if it saves one person, it's worth it. I sold. People will hover for a year, fluctuating around 0.04-0.06-0.08, sometimes dipping deeper, but it will be fleeting, not exceeding 48 hours before returning to around 0.06, and after a year, it will drop rapidly, ultimately becoming the second EOS.

If you don't believe me, follow me, and if I'm wrong, come slap me in the face.