The "investment logic" of the cryptocurrency world that can make Buffett vomit blood:
V God smashed the market and it will rise sharply The project owner ran away with the CTO, so you can go for it Musk changed his profile, so you can go for it Musk liked the picture, so you can go for it The dog changed its name The dog gave birth to a new dog The dog owner has a new name That dog rose sharply, this dog should also rise This is the first dog on the chain This is the dog's former name This dog has a dog dealer This dog fell for a few months and then cleaned up
In the past, when Bitcoin rose in the bull market, the altcoins rose wildly; when Bitcoin went sideways, the altcoins rose wildly.
There are not just one or two coins that have increased 100 times, but a group of them! From Sol, Matic, to Comp, Aave, it goes without saying that there are many like Sand and Mana, which can also suddenly increase 10 times in two weeks.
This round of altcoins has skyrocketed several times since TIA, but the various altcoins that have been launched online intensively have all lacked stamina; and after the meme coin Bome, there are dozens of coins for one Neiro.
Now that the cryptocurrency market is not rising, one view is that it will be fine if interest rates are lowered or liquidity comes.
But why has the US stock market been rising for half a year, gold has also been rising for half a year, but digital gold has no liquidity - the cryptocurrency market used to have a feeling of an invincible field army, but after being recruited, it was found that it could only stand at the bottom...
The cryptocurrency market needs to be self-reliant.
Now that the cryptocurrency market is not rising, one view is that it will be fine if interest rates are lowered or liquidity comes.
But why has the US stock market been rising for half a year, gold has also been rising for half a year, but digital gold has no liquidity - the cryptocurrency market used to have a feeling of an invincible field army, but after being recruited, it was found that it could only stand at the bottom...
The cryptocurrency market needs to be self-reliant.
Tesla's stock price has risen from 161 to 270 from the end of April to now. The market is looking forward to the release of autonomous driving in October, and the momentum is strong; while BTC has fallen from 70,000 to 58,000, lacking liquidity and confidence, and is shaky.
In the future, BTC will still regain the market focus! But many copycats will find it difficult to set new highs. The passage of ETFs has not brought spillover traffic, but has accelerated the de-bubble of the market: it will become increasingly difficult to overvalue air coins.
There have been gains and losses in the past 24 years, but if we don’t count the gains and only count the losses, many people’s numbers would be shocking.
My original expectation for memes was that "people come for money and stay for ideals", there are speculations and narratives, and ordinary people also have opportunities.
But today's meme conspiracy groups are harvesting layer by layer, and the coin issuing platforms are making a lot of money: Trump and Musk held a meeting, and nearly 200,000 zeroing memes were issued in one day, only the platform made $5 million a day, and retail investors all lost money.
The memes in the currency circle are no longer culture, but just stinking garbage.
BTC is popular, various BTC forks appear, and most of them return to zero in the end BAYC is popular, countless small pictures appear, and most of them return to zero in the end; Inscriptions are popular, countless various texts appear, and most of them return to zero in the end; Pepe is popular, 200,000 memes appear a day, and most of them return to zero in the end; Notcoin is popular, countless small games appear, and most of them return to zero in the end; Prosperity due to speculation, and destruction due to speculation; Embrace the bubble, but also get out of the bubble in time.
1. Bitcoin infrastructure and applications explode. 2. On-chain applications begin to return to their essence: traffic and value; not who invested and what story to tell. 3. Non-gambling projects will emerge and be empowered through web3. The empowerment form will be similar to bnb+stocks, and the tokens will be separated from the air and scams. 4. Currently, money-making projects such as polymarket and pumpfun do not issue coins, but in the future, there will be profitable projects that will issue coins.
When it rose to 63,000 a few days ago, the screen was full of bullish articles and "How I successfully bought the bottom". I calmed down that afternoon, but it fell back today.
1. Buy Bitcoin at a low price and hold it For example, people bought BTC when it was a few hundred U, or a little more expensive but many people have bought it. The key to getting rich quickly is not to buy it but to study how those who hold on to it do it. It can be through their circle of friends who tell them to hold on to it, or it can be through their own knowledge: they are familiar with BTC as a new thing + investment system, or they have good cash flow themselves. Note: There will be fewer cases of getting rich quickly through Bitcoin in the future, but you have to believe that there will be other similar opportunities, but the underlying principles are the same.
2. Wealth opportunities in altcoins There are too many different currencies here, and the difficulty immediately becomes very high. Most of the time, you need to make a move and leave the market in a timely manner, which involves: 1. Understanding the high value of Bitcoin 2. Knowing the low value of other currencies. Brother Sun may do this best. He exchanged currencies with others. Although others said that if there was no surge by the end of the year, they would suffer a setback, he still sold them as soon as he went out.
When we are rushing for a project with a market value of billions, it is best not to think: the other one is valued at tens of billions, this billions is not expensive
MSN is valued at 1 billion, the founder bought a yacht, the coin price returned to zero, and OKX was delisted, which is just a microcosm of the industry
The more you think, the less fomo you will have and the calmer you will be
Perhaps many project parties with a market value of more than 1 billion are shocked by the number of leeks, and it would be a waste if they don’t cut them.
1. Prefer high risk. Chasing high junk coins and air coins, not wanting mainstream coins
2. Not respecting risks. What VC coins are overvalued and risky, it's all bullshit, just go all in.
3. Busy with operations. Rushing to take positions, thinking it's not profitable if you don't take positions. Lost a lot of money on the copycats above, returned to Bitcoin, bought in at 68,000, thinking it was stable.
4. Rushing to buy at the bottom. It has fallen so much, I have lost a lot, I must recharge and make up for it tomorrow.
Kill retail investors first Then kill the market makers who support the market Then kill the VCs who sell slowly Finally, the weather is clear and it is suitable for selling.
$PEPE and $TON, which have been relatively strong during this period, have finally shown a clear downward trend. Buying is disappearing. The next step is for the big players. When everyone thinks that Bitcoin can't fall at all, the result is that everything is possible.
Every time there is a big drop, someone asks: Should xx be sold? When you find that it is wrong, correct it immediately with the lowest cost. There is no better way than to prevent mistakes
The first time you make 1 million, it is easy to lose 800,000 The first time you make 10 million, it is easy to lose 5 million The first time you make 100 million, it is also easy to lose 30 million
The wealth in the currency circle comes quickly and goes away amazingly - especially when the cognition does not match.