Teach you how to fight against the local dog correctly, and learn how to be a boss

1. What is a native dog?

On-chain natives usually refer to ultra-early projects with no project white paper and extremely shallow token trading depth. The decentralization and low threshold of DeFi have enabled the rapid development of many high-quality grassroots projects, and also provided a convenient harvesting environment for people with bad intentions. Most native dog projects are short-lived, with a life cycle of 1-3 days. Only a few local dogs can achieve a market price of hundreds of thousands of times and become listed on major exchanges and become golden dogs. Even so, there are still many people who can stably make a hundred times profit from Tugo every year, which shows that there is specialization in the art industry. Fighting the Earth Dog is essentially a game of probability.

2. How to operate

Here we take the ETH chain as an example, because after long-term observation, although the gas cost of the ETH chain is high, the wealth effect is more obvious. Other heterogeneous chains such as Solana and Avalanche have relatively weak market sustainability.

2.1 Looking for local dogs:

First of all, market websites such as dexscreener, defined, dextool, ave.ai, etc. have constantly updated hot trading lists. Projects with large trading volumes and large increases are ranked high. Only with trading volume will there be a future.

Secondly, use robots to monitor on-chain behavior. Common bots include pepeboost, alpha radar bot, nerdbot, etc., which can push real-time transaction data trends. These bots have simple interfaces and will analyze comprehensive scores based on contract security, liquidity pools, number of smart money addresses, etc. Selecting among the high-scoring projects pushed by these bots will achieve twice the result with half the effort.

Finally, follow smart money addresses. The more smart money addresses buy local dogs, the higher the reliability. There are many smart money addresses that are professional bulldogs. They can make stable profits of US$100,000-300,000 per month, with an average profit ratio of 30-50%. Be careful to remove the project party's own rat warehouse addresses and addresses that accidentally win big prizes, and pay more attention to addresses where golden dogs can be purchased for a long time.

2.2 Buy a native dog:

First of all, position control is the most important. On average, there are 1,000 local dogs every day, and only 10 local dogs are worthy of short-term speculation. Bet the same amount on the game multiple times, just like you would in a casino. For example, purchase a fixed quota of 3-5 items per day, and each time should not exceed 5% of the total amount, etc. For local dogs with a large liquidity pool, the position can be slightly larger as appropriate.

Secondly, use market rules to improve the winning rate and profit-loss ratio of transactions.Bulldog is actually a game that loses money in most cases and makes money in a few cases. It is a bit similar to venture capital. For example, it is common for 8 out of 10 native dogs to lose money, and the remaining 2 native dogs need to recover the costs of 10 projects and make a profit. Cut off losses and let profits run. Some useful rules include:

The law of imitation disks: A successful project will attract a large number of imitation disks. Long, two, and three dragons will most likely make money, and then the subsequent imitation disks will start to run away. For example, after PEPE became popular, PEPE2.0 also surged hundreds of times. After Harry Potter Bitcoin became popular, Harry Potter XRP also surged hundreds of times.

Time pattern: In the long run, when the market is good, an average of one hundred-fold golden dog will appear every week; when the market is not going well, an average of one hundred-fold golden dog will appear in half a month, and it is especially easy to produce a golden dog at the beginning and middle of the month. In the short term, most golden dogs appear between 1-3 o'clock and 5-8 o'clock every day, with a small number appearing between 21 and 22 o'clock.

A handful of one or two Golden Dogs often contribute 90% of portfolio profits. A good Golden Dog is often a hot event or mentioned repeatedly by big shots. For example, GROK, Tesla’s artificial intelligence product, was mentioned on Twitter. Musk, the world’s richest man, mentioned it repeatedly and attracted a lot of traffic. There are also good golden dogs that fit the culture and provide emotional value. For example, BONK originated from satire on SBF and united the Solana community during the low period. Gold dogs that meet the above standards can be held for a long time. Common standards include: the number of currency holding addresses on the chain exceeds 8,000, the daily dex transaction volume exceeds 8 million US dollars, the number of Twitter views exceeds 8,000, and the number of people in the Telegram group exceeds 10,000, etc.

2.3 Selling local dogs:

80% of Earth Dogs return to zero on the same day, and 99% return to zero in the long term. The reason why smart money addresses have a high winning rate is not because they only buy profitable bullies, but because they run fast. The Tudog market operates at 10 times speed, doubling and returning to zero in just a few minutes. Some common selling criteria include: the K-line trend is obviously deteriorating, the 24-hour turnover rate is reduced, the growth of the number of held addresses is slowing down or even declining, etc. Unless the market is hot for local dogs without actual projects, it is not recommended to hold them overnight.

3. Risk warning

3.1 Gas fee:

The earth-moving dog strategy is suitable for shock markets, but is less suitable for bull markets and bear markets. It is difficult to avoid gas fees. Taking the ETH chain as an example, a current transaction is tens of dollars per transaction, but the actual amount of gold may only be 100-200 US dollars, which greatly reduces the profit-loss ratio.If there is a bull market, one ETH chain transaction will cost hundreds of dollars, and it will not be feasible to go against the earth dog.

3.2 Wallet security:

Hackers are rampant on the chain. It is recommended that Chongtugou funds be isolated from the main funds and the wallet address should be changed regularly.

3.3 Profit withdrawal:

Use the end to make wealth, use the foundation to keep it. Money comes quickly and goes away faster. It is recommended to withdraw part of the profits regularly and reserve them as capital for future comebacks.

Bruce Lee said, I am not afraid of people who learn 10,000 kicks, but I am afraid of people who practice one kick 10,000 times. Finally, I wish you all to make huge profits a million times over!