Sofa

Recently, a friend in the group asked me what projects I've been working on. To be honest, in this bear market, I'm mostly observing and doing little.

Observing means I will continue to browse Twitter, look for projects, and review projects.

Doing little means I will invest less, put in fewer funds, and participate cautiously in projects, especially in new listings. For example, I won't participate in the new listing for MON. The listing price is 0.025, and the contract price has already dropped below 0.03. Even if I participated, considering the dumping at TGE, it’s hard to say if I can break even.

There are other projects, like @opensea, @openseafdn, IRYS, Metamask, prediction markets, and perp dex. I will refrain from participating for now; sometimes it's better to hold back than to fumble around. First, protect the principal and then talk.

Today I saw a picture that the Twitter location of the Opensea Foundation is in China, which is a bit funny. It turns out to be a Chinese project; can we still hope that it will be valuable during TGE? If we can break even, we should be grateful.

I think for Binance Alpha, the studio can consider reducing accounts, but for individuals, keeping one main account to continue browsing is still acceptable.

In a bull market, everyone is very busy and rarely socializes. Now in a bear market, it’s a good opportunity to attend some meetings, meet friends, and travel a bit.

In a bear market, most people have given up on fantasies, and the conversations are mostly heartfelt.