"A Mouse's Monologue"

1. I used to be a believer in value investing. Before each bull market, I would actively research various projects to select the so-called "first class". However, after a bull market, I found that my rate of return was appalling, perhaps confirming a saying in the currency circle: "You can get rich by playing casually, but you can become poor by studying value."

I have been thinking about a question, is the value investment theory of the traditional financial market really not applicable to the currency circle? Every time the price plummets, we comfort ourselves with "the project party is doing something". We are often PUA by the fundamentals of the project. , the project party can be valued at 1 billion US dollars with just one financing, and they throw zero-cost chips at us. We are obsessed with studying the fundamentals of the project, but we don’t know that this is just a cover for them to ship goods. If the value can't be eaten as a meal, then your sister is worth it. We come to the currency circle to make money. We only care about price, but you use value to blind us!

Until I encountered Bitcoin Inscription BRC20, which is a fair coinage model. Both retail investors and institutions are on the same starting line, and each inscription is benchmarked against the gas fee of the Bitcoin network, rather than those with zero cost. ERC20 token. #rats