The valuable experience I gained after going through four rounds of bull and bear markets, sharing with everyone
1/ In the early to mid-stage, trade on the secondary market, whatever is hot to trade, emotion is greater than everything, the bold thrive, the timid starve, do not participate in project research, just trade coins, just trade coins, just trade coins
2/ In the mid to late stage, the time for buying whatever rises on the secondary market is over, it's time to start playing various new projects, at this time the cost-effectiveness of earning rewards will rise
3/ There are two typical types of project parties that emerge in the mid to late stage
A) New entrepreneurs, graduates from various prestigious universities in the United States, with a halo effect and have received a lot of VC money. Such projects generally fail, but after the coin is listed, the wealth effect can still be significant
B) Large-scale quick sales of old wine in new bottles, knowing that the bull market is coming to an end, they are following a rapid sell-off trend. Large-scale exchanges have very strong resources, and the ability to be listed is astonishing
4/ Experienced VCs know that every cycle will produce 2 DePIN god projects and 2 GameFi god projects
The characteristics of god projects are: they wash the market for a long time, and then they shoot like an arrow through the clouds, and the shooting also follows the three-wave theory.
The founders of the god projects in the last two cycles are almost all of Asian descent with a long-term residence/study background in the West
5/ Every cycle will have a very, very malicious harvesting event, and the initiator of the harvesting is usually a super large project, or has a wide audience with many followers
6/ Projects that have survived more than two cycles are opportunities to pay attention to
If you stir up something strange, there must be a demon
7/ Ponzi coins perform in every cycle, currently several Ponzi coins listed on Binance have been outstanding for two consecutive cycles, and the contract performance is also very volatile, retail investors love and hate them
8/ Once a public chain project fails to establish its ecosystem after its product goes live, it will not be able to rise again, there is no such thing as a comeback
9/ DeFi projects are evergreen, with the possibility of a comeback
10/ Don’t be afraid of a rising Ponzi, if you’re ready to buy the dip when it falls, then don’t hesitate, start with 20% now
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