Author: Yancong, founder of the Coin Generation blockchain community.


People's subconscious mind dislikes or naturally says no to unfamiliar things! Even if you have some impression and your cognition tells you that you can do it, this subconscious fear will still become an obstacle to your final behavior - in the end you will be numb and miss it.


Actually, I saw someone posting what Elon Musk said this morning: America was saved by a squirrel and meme coin. But I was more or less indifferent! When the squirrel meme token first became popular, a friend in the paid community posted it. I took a quick look and thought it was just a hype for the election with my shallow knowledge - and I still think I'm smart. This token is a typical time-sensitive token, and its nature is the same as news, and it doesn't fit the long-term narrative - so I didn't study it carefully.


Then, pnut and $Act were listed on Binance these two days, and I was also numb! I paid more attention to act (and made a lot of money on act), so I didn’t look at pnut. I remember taking a look at it yesterday and found that the market value of act was 600 million, and pnut seemed to be only 300-400 million. In my heart, pnut is basically like this - in the short term!


As a result, today, because of a word from Musk, it went up sharply! Even if it went from 400 million to 600 million, in fact, as long as you have enough knowledge, you still have the opportunity to get a 2x return on your investment, but you still don’t feel it, numb! Afraid of chasing highs! Then you watched it rush to a high of 1.3 billion US dollars!


In-depth review:

1) In my opinion, the big opportunities in the cryptocurrency world are: multiple multiples of holdings + high certainty (more than 80% doubled) + realization within a short period of time (1-2 days)

2) The biggest attraction of such an opportunity is: high certainty + short time + large position - with the blessing of these three elements, let alone 2 times, even 30% is a huge amount of money, which is equivalent to you borrowing 10 million from someone, making 3-10 million in 3 hours, and then returning it to the other party, making 3-10 million for nothing.

3) Such an opportunity - is definitely a rare opportunity to make a lot of money, making a lot of money + low risk - I really can’t think of anything sexier than this?


Of course, to achieve the above results, some basic requirements are needed - but upon careful consideration, compared with the huge returns of 2 times the investment in a short period of time, these requirements are really nothing!


1) Stay curious, pay attention, and abandon prejudice

This time, I overused my own intelligence and used my own set of coin selection criteria (high-quality tokens = narrative + traffic + community + resilience), and then successfully excluded Pnut - because I really don’t feel anything about this image, I think it’s not meme-worthy enough, and I think I’m a trend-setter...


2) Return to common sense judgment

With a universe-level IP multiple, all other shortcomings can be ignored! This common sense is more important than any clever logical reasoning and technical analysis; Binance spot trading is the best proof. Even if Musk didn’t shout it out today, if this token rises to 300-500 million, it will still be a huge opportunity for wealth;


3) Quickly capture the latest news

Speed ​​of news = speed of making money + probability


4) Cognitive prepositioning

A very important point is that we only invest heavily in things that we are familiar with, so, just like reading a book, don’t just focus on the areas that you are particularly interested in. Read more. Some things you have an impression of can bring you huge returns when facing key opportunities!


People's subconscious mind dislikes or naturally says no to unfamiliar things! Even if you have some impression and your cognition tells you that you can do it, this subconscious fear will still become an obstacle to your final behavior - in the end you will be numb and miss it.


If you ask a boy who is as lively as a 300-pound fat man to go to Japan, the United States, etc. for the first time, he will definitely feel uneasy...


5) People are particularly prone to becoming numb in the face of great opportunities!

Every time you miss a big opportunity, you must conduct an in-depth review and summary. If you don’t make $1 million this time, at least summarize it and internalize it into your own sensitivity and instinct, otherwise there will be nothing to say.