According to BlockBeats, on January 4, top trader Eugene Ng Ah Sio shared his framework for developing investment confidence on social media.
1. Represent a completely new idea: through a new vertical, new product or service, or even a new token economic model.
2. Look for newer names: New coins usually perform better because there are fewer holders and less unrealized profits and losses.
3. Unlimited valuation ceiling: Meme coins perform well because they cannot be valued.