《The Reason for the Copycat Riots on the Weekend》
Among the coins that rioted this weekend, except for those driven by favorable contract on Binance ($RARE , $BANANA , $G , $SYN), and those with spot but no contract, driven by speculation expectations ($SYS, $REI), which can be explained slightly by fundamentals in the initial stage, the others are opened by wild dealers.
It is no longer meaningful to understand what these projects do and what they are doing. It is just a pure bet on the size, how many people follow, and when the dealer will close the net.
Borrowing the words of group friend Qiuxing @vikingdao2022: The bottom of market sentiment is when wild dealers can make a big move with a little money. Spend a little money and make a lot of money. Coins with wild dealers are better than those that are not favored by wild dealers.
Small bets are fun, and volatility is better than no volatility and stagnant water. I am old and don’t want to keep watching the market, so I choose to continue to increase my investment in $BNB. After all, it is the most profitable machine in the cryptocurrency circle. No matter how big or small the bet is, it is paying money to the casino.
There is still one month before the big brother @cz_binance comes out, I continue to be optimistic
