A new week has begun, and there aren't any major unlocks this week except for the unlocking of tokens worth 500 million dollars in 5 days. I wonder if the price will drop. In the past, there were many sell-offs, but now a lot of it is a slow distribution.
XRP has been really impressive lately, the low-quality coins have been flying. This area is still quite intense, especially for public chains, which used to be focused on DeFi, DEX, lending, and perpetual contracts, but now it’s about memes, and there are even inscriptions in between.
Anyway, that public chain is on fire; those who are able to reach the first wave of consensus aren't losing.
SOL has been pretty bad lately, still too deeply tied to low-quality coins. As soon as the market cools down a bit, it shows some weakness; we need a golden dog to save the market.
ETH/SOL has increased by 20% recently. Can't they pump at the same time? It feels like the funds in the market are still limited.
BNB is the worst; when CZ got out of prison, it was at 620 dollars, now it's 650, only a 5% increase. But this thing can pump quickly, often shooting up and coming down just as fast. I don't know what the deal is.
I won't say much about Bitcoin; it's always the best. The cryptocurrency market relies on its mood.
I dollar-cost averaged into DOGE + BTC + ETH + BNB + SOL, with DOGE making the most profit, and only SOL being a loss.
Dollar-cost averaging is all about having a calm mindset; it mainly relies on time to grind it out. If there’s a crash, just add more money for dollar-cost averaging, and reduce back to the original position when there's a rebound.
In the last round of dollar-cost averaging, I spent 500 days investing 45,000, and then down to 15,000, with a maximum loss of 28%. So you could say directly buying the bottom isn't very realistic. Those who want to buy the bottom will forever be waiting for an even lower position.
It's Monday again, and most people are starting to look forward to what spot trading will be available in this round of B安.
The previous performance has been too good. COW + CETUS + PNUT + ACT + THE. Especially the last three, they all had dozens of times the price pump.
The common point of these five is that when they were listed, the market cap was not large; at that time, PNUT was only a little over 100 million.
So, every chain should have some money invested, SUI + BASE + ETH + BSC + SOL + BTC.
BITGET + BYBIT also need investment, as there are too many bots on-chain now, sometimes the exchanges rise slower than on-chain.
I often mention that I feel this track isn’t too difficult. As long as you frequently sit still + have a good push notification + invest well + have good speed, it’s fine.
However, it’s definitely harder now; any track that can make money will attract participants to compete.
There’s still no shortage of money in the market; it’s just lacking good stories.
Many friends around me are into wealth management + arbitrage.
These money-making enthusiasts are increasingly seeking stability.