Perfect bargain hunting position for Binance Launchpool?
I took a closer look at yesterday’s chart today. In fact, I found that the more valuable part of this chart is not the “highest point” but the “lowest point”.
That is, the “average best buying point”: 1 day and 6 hours after the opening.
The “highest point” we looked at yesterday was actually greatly affected by the two extreme values of $ETHFI and $MANTA. The remaining 8 tokens were not very good selling points at that time. The emergence of extreme values will make the average meaningless, just like the average assets of Sun Yuchen and I exceed 10 billion.
However, the “lowest point” we are talking about today does not have a particularly large extreme value. A careful observation shows that almost most of the tokens have indeed formed a local low trend at that time.
In addition, the average data of the “highest point” with extreme values is +8.7%; while the average data of the “lowest point” without extreme values is -9.95%. It proves that the reference value of this “lowest point” is indeed greater than the “highest point” we found yesterday.
Someone in the comments section yesterday said that I took 10 samples for analysis, which was too few. I would like to respond here. First of all, Binance's "crazy Launchpool wave" started with $NFP, and the intervals between previous Launchpool projects were very long.
And I think the current Launchpool is completely different from the previous Launchpool. The only projects that are truly "similar" are those from $NFP to the present.
So it is "only 10 samples so far", not "I am lazy and only took 10 samples", and the "bull-bear cycle theory" that everyone generally believes in actually only took 4 bull-bear cycles as samples.
I will not pursue perfect certainty too much. I think when an event reaches 90% certainty, there is a high probability that I will not have a share of this cake.
Register for Binance and follow the rebate link of Langzai. Spot trading can enjoy a 20% handling fee discount, and contract trading can enjoy a 10% handling fee discount: https://binance.me/zh-CN/join?ref=LX8RL8CK
