The Less than 1% Rule, #meme_coin Strategy
For small investors or large holders who are riding on others, the earlier the meme, the less they should buy too much (over 1%). We call these people free riders, which is a common economic concept. Because the earlier the narrative, the easier it is to fail. The best situation is to buy a little early on, but wait for the situation to become clear before increasing the position, which provides better feedback for both this meme and one's pnl.
Why is it the less than 1% rule? Consider this question: there are only 100 people holding 1%, meaning only 100 people can obtain 1% of the chips. If the chips you hold exceed 1%, then you should consider whether you can do what someone holding 1% should do, such as spreading this narrative to more people or driving the price to a level that matches this narrative.
In other words, if you cannot contribute more than 1%, then otherwise, there will be two scenarios:
1. The early stage has not undergone market consensus certification, and not enough people know this narrative, leading to its failure.
2. The early high control of chips, as the main players believe this chip structure is poor, leading to abandonment and restart, resulting in the narrative's failure.
Often, I see some very interesting narratives, but due to too many people being overly greedy and holding too many chips, they are unwilling to spread the narrative to more people, thus killing the market, and they do not have the ability to promote this narrative to more people.
Therefore, returning to the final question, you will find that the culture and narrative still determine the meme's upper limit. If the narrative is hardcore enough, sexy enough, and powerful enough, and if enough people can believe in and reach consensus on it, then the chip structure issue is not a problem. At this time, the rise does not depend on anyone's arrival, just like the sun rises in the east.
Still, the same saying, you need to first believe this is the next big narrative, convince yourself first, in order to convince others. If you cannot convince yourself, then it indicates you cannot make money from this.
#puppies Ethereum Chain Little Pup, no project party, community autonomous token! Trump and Vitalik's wallets both hold! Musk's strongest iP this year, he has shouted once in a tweet, liked Puppies community tweets twice! Super strong narrative
