Possibly 100 times ‼️‼️‼️ Prepare for the launch of RGB assets on the Bitlight mainnet: Last time, the cost of RGB++ was less than $10, and the peak exceeded $3000!
The RGB mainnet of the Bitcoin ecosystem, Bitlight Labs, will launch this week, and the first asset is expected. Remember when RGB++ was less than $10 to participate, and the peak exceeded $3000? Many people couldn't participate then, one reason was that they didn't know how to use the wallet, and the other was the transfer congestion. This article will teach you step by step how to prepare in advance.
1. Preparation: Install BitLight Wallet
1. Go to https://bitlightlabs.com/airdrop/Crypto_CK123, click the "Wallet" option, find and install the Google Chrome extension.
2. Create a new wallet:
After installation, open the extension and select "Create New Wallet"
2. Configure wallet and transfer BTC
1. Switch network:
Open the BitLight wallet and select "Bitcoin Mainnet"
2. Get receiving address:
Click the "Receive" button, copy the displayed Bitcoin address, and transfer $50-100 worth of Bitcoin from your existing Bitcoin wallet to this address.
3. Key step: Create UTXO
This is the core preparation work for participating in the RGB asset launch, which many newcomers tend to overlook!
1. What is UTXO:
Each RGB asset requires an independent UTXO (Unspent Transaction Output) as a carrier. If you want to participate in multiple assets, you need to prepare that many UTXOs.
2. UTXO creation suggestion:
For the first RGB asset launch, it is recommended to prepare 30-100 UTXOs. Initially, you can create 10 UTXOs (you can increase according to your needs later).
3. How to create:
Find "Create UTXO" or a similar function in the wallet. You can choose to use the default Bitcoin network transaction fee or customize the number of UTXOs to create, confirm and send the transaction.
4. Launch strategy
If the issuance price of the first RGB asset is around $3, consider participating moderately.
Historical data shows that high-quality RGB assets may have a 10-fold increase the next day in over-the-counter trading.
Reference cases:
RGB++: Cost < $10 → Peak $3000
Methane: Cost < $10 → Peak $300
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