Not long ago, Musk changed his profile name to (CTO) Chief Troll Officer. The key word Troll (translated as "troll" in Chinese circles) increased the value of the ERC-20 token named Troll, which had almost returned to zero, by nearly 1,000 times in just 5 days.
Troll tried to gain traffic but failed. Unexpectedly, he was dug out and put on the new throne of memecoin.
Then this trend gradually spread, and people would go to the relevant historical Twitter accounts in the circle to dig up keywords to get traffic and hype up local dogs. People like Zuzalu also followed suit.
Maybe you have just heard the stories of getting rich in the crypto market and have just registered for CEX and are ready to make a big move.
However, the current rules of the game in the circle have already been upgraded and iterated. Small and medium-sized funds can basically only get an average increase in large exchanges, and it is extremely difficult to make a comeback.
There is a trend in the current cryptocurrency investment circle, which is that the high-yield segment has moved forward significantly.
It turns out that all major trading exchanges can make a profit from new listings, and miracles of a hundredfold increases can occur at major exchanges.
However, with the emergence of new token distribution methods such as ICO, IFO, IEO, IDO and ILO, inscription launch, etc., there are basically no particularly high critical returns in the big exchanges.
The fatal mistake that many novices often make when entering the circle is that they follow a story about getting rich quickly and mindlessly rush to do something that once made others rich.
Little do you know that you are just a multi-handed buyer.
All good B stocks cannot leave a specific time window. If the timing is wrong, no matter how good the target is, it will be a bloodthirsty monster that eats people without leaving any bones. If you buy it at a high position, the price may rise a little bit and make you smile for a moment, but then it will fall by 90% unexpectedly, and then it may fall by another 90%.
99.99% of the myths of getting rich a hundred times or a thousand times faster have moved to the primary market. By the time you reach the big firms, you are basically the Nth batch of leeks to take over. Especially for memes, rushing to the big firms is a fast track to bankruptcy. You might as well throw your money into the river and listen to the sound.
If you want to achieve a critical hit on your return, you have to improve your skills, cut through the thorns and cross the minefield to pick the golden dog from a pile of millions of cheap dogs.
Generally speaking, some local dogs that are about to be listed in small firms are potential golden dogs, and good targets that have just been listed in small firms are silver dogs that have the opportunity to transform.
Troll is a wild dog that is hard to come by, and rushing in and betting heavily is a sure way to go bankrupt.
To sum up -
Nowadays, although it is relatively stable to simply rely on speculating on the targets listed on the big exchanges, the probability of ordinary people making a complete comeback is relatively small and the cycle is long.
The way out for small and medium-sized funds is in the primary market, which lies in selecting golden dogs from tens of millions of local dogs.
The difficulty lies in stock selection. It is difficult for ordinary people to select valuable clues from a large amount of spam information and discover the golden dogs.
Comrades, seize the time to familiarize yourself with the industry and be prepared.
Welcome to the real storms in the exciting crypto world.
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This article was first published on: 2024-01-18
