Accidentally came across Cao Pham Chi's experience sharing article, it's so good, so much real combat experience. So I spent 2 days to mindmap the entire thing in 1 image, making it as simplest and most compact so that everyone can take it out and use it quickly and easily to apply it.
Step 1: Check VCs & MM
I don't belong to the "technology-loving" group, because I used to love technology and receive the end result.
Because good technology without MM driving it is meaningless.
In the end, what we invest in is the project token, not the technology.
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Step 2: Analyze what the project has been doing & what is being done?
Most importantly, there are many games to play: to have the ability to pull the cash flow or not!
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Step 3: Carefully analyze Tokenomic
- How much is the floor?
- How much does Dev hold?
- How much does Whale hold? What price?
- How much do VCs hold? What price?
...
--> Just by understanding this much, we can know whether we should enter or not?
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Step 4: Profit rate
Easy to understand example:
- 1 genuine L1, lots of VCs, cap 1b$,
- 1 medium sized L1, with MM driving, Marketcap 100m$,
--> Which one will you choose?
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5. Check Chart
- Is it accumulating or at its peak?
- What price does MM, Smart Money, Whales collect?
- What wave is it on?
- What Timing are you in?
--> Can import goods at good prices.
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Bottom line: Choose the right Civilization + right Time!
