Where is the next 100x opportunity?

1. There are too many funds and people on SOL, and the gas is low and the speed is fast. In terms of funds, people, and speed, it seems impossible for any other L2 to match.

2. Ethereum's re-staking, DA, L2, and L3 are all increasing complexity and splitting liquidity. Moreover, due to the division of interests and human nature, it is impossible to unify. Even if chain abstraction is carried out, who is abstracted by whom? There is no way to unify.

3. In addition to Sol, there are similar ICPs, but at this point in time, in terms of people, money, and ecology, SOL has everything on its side. As long as users continue to pour in, it will have a firm position in this bull market and have a bright future.

4. Who can get the first 100 million active users? Is it possible that any of the L2s will be difficult at the moment. If experts have different opinions, please feel free to give us your guidance.

5. On SOL, the direction of going out of the circle and attracting traffic is very important, but it is probably the only correct way. DEpin+meme, entity+virtual, are both powerful weapons. DEpin is similar to JD.com building a logistics warehouse, and meme is similar to issuing stocks to attract traffic and financing.

6. Go fishing where there are lots of fish. Where will there be the most fish in the next few years? I think it will be Sol, but I look forward to seeing different opinions.

7. Bitcoin L2 seems to be meaningless and is still the imagination of technicians. The slogan of "releasing BTC liquidity" is still "exchange your BTC for my air coin". After DeFi has educated the market, this set of slogans is no longer feasible, especially when old junk projects can also use new slogans to cut some people, the market will be cut even deeper.

8. The expectations for the Runes protocol are high, but in the past, the hottest ones died. Will this time be an exception? I don't know. But I no longer have the passion I had when I first saw Ordi. If it is viewed as a meme, I have not missed any of the best memes, but if the popularity of Runes comes from the founder of Ordinals, then the founder's upper limit is the upper limit of Runes.

Of course, I missed brc420 eths, so I will probably continue to miss runes and the projects that do things in the name of runes.

Those are not in my "bat position".

9. The AI ​​track is very hot. It is my favorite besides meme, and it is a long-term track with the second largest number of people. However, it is not easy to find undervalued projects here. The first-level projects have already started with 1 billion US dollars before they are listed.

How can we continue to find opportunities with returns of more than 30 times? I am still thinking about it. In the market controlled by institutions and VCs, there is no information gap, so it is quite difficult.

10. Social networking is a potential explosive track, but those who do well will most likely not issue coins and go halal; and many of those who issue coins are not very good. Whether there will be truly usable and easy-to-use products that are not incomprehensible because of a bunch of complicated technologies is worth looking forward to.

11. Reduce the chances of exiting when investing. If I remove the five most important investments from 2023, it would be a terrible loss - but after adding them back, it makes me feel calm: the market will always reward the humble, hardworking and confident self, and always punish the fomo, credulous and stupid self.