Last night, the Koge event was a huge hit. According to the data I collected the day before, some people reached trading volumes of over a million dollars, with points accumulating unrealistically. But after reviewing the data, I was emotionally overwhelmed.
Why?
Because this project is from 48Club—an old group of opportunists on BSC, claiming to be 'BNB Ten Thousand Coins Candidate', with large holders who speak little but act decisively. These people understand retail investor psychology and expectation management too well; issuing coins, controlling the market, and manipulating emotions are all their expertise. This time, they launched a coin that hasn't even hit mainstream exchanges, and a bunch of people charged in without hesitation.
To put it simply, the project is entirely driven by 'trading points', and the mechanism and game feel too much like the early headhunting schemes; those who run fast get the rewards, while those who are slow get left hanging at the high points, with nothing to gain.
I dare not invest heavily, not because I lack money, but because I am afraid. Afraid of being used as a liquidity tool.
If you put in a few thousand or tens of thousands, and only get a couple of points out, is it worth it? It's not. Yet there are still ignorant people who charge in fearlessly; in the end, they have high points and no loss of principal, while those of us who think a step ahead end up leaving the scene early.
However, I have come to understand that if you can't compete, then don't; trade at your own pace, take what you can. Alpha is essentially a game of strategy, not hard labor. Rather than blindly engaging in a psychological war with the project team, it is better to proceed steadily and keep an eye out for the next opportunity. The crypto world is never short of hot topics; what it lacks is you making calm decisions.
Here it is recommended that for those who want extreme competition, getting trading points to 18 points is the most cost-effective.
Wishing our alpha can last, good luck to all.
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