How can small funds make money in the primary market?
Projects that are directly issued on the chain and have not been officially audited are usually called "Tugou", which are active on blockchains such as BSC, ETH, and SOL.
These projects are high-risk. Because they have not been officially tested, the project party may adjust the tokens or liquidity at will, so you need to be cautious when investing.
There are also many traps in the Tugou market. Criminals often use airdropped tokens to lure novices. These tokens have contract loopholes and authorization is risky. So everyone should avoid buying low-priced "black U" from strangers, because this may involve illegal activities.
One of the characteristics of the Tugou market is meme culture, which requires the team and the community to promote it. When hot spots appear in the secondary market, the Tugou market will follow up with related tokens, create project backgrounds, and even develop applications for listing.
Pure Meme tokens require cultural heritage, such as fgi (Frog Coin) became popular because of the sad frog emoji package, and the coin price soared 20 times. Mechanism innovation projects require brand-new mechanisms, and often succeed in the first one, such as ohm (DeFi 2.0), people (the first DAO), dod (pulling the plate and burning), etc., which are worth paying attention to.
Long-term value investment projects are not easy to find, and you need to carefully observe market dynamics, especially the behavior of bankers. Projects such as tifi, hbit and $rhythm are all because bankers have successfully absorbed funds. To judge whether a project has a banker, you can observe the performance of the pre-sale platform and innovative concepts.
Lao Li invests in local dog projects and tends to enter and exit quickly. Choose pinksale or green horse pre-sale projects, and exclude projects without substantial content. Ten minutes before the opening, it often hits the bottom, and you can buy in batches, but each time it does not exceed one-tenth of the total funds. Sell in batches after making a profit.
At this special period, there is no opportunity in the secondary market. Lao Li is still more willing to spend some time to take a small amount of funds to enter the primary market. The secondary market is no longer exciting during this period, and there is no big opening and closing. Moreover, the limelight has been taken away by the A-share market recently, and the liquidity is insufficient. It is bound to be a boring shit trend.
Of course, don't learn from Lao Li. Lao Li will take out some insignificant idle funds to play, and make money to make up for the emptiness in the secondary market during this period.
Lao Li feels that he is relatively stable. After all, no one's money comes from the wind🤯
