【 Summary of Some Tips on Recent Dog Fighting 】
Recently, I have been involved in dog fighting on the blockchain, and I feel that the current environment is much more challenging than when the blockchain was booming before. I have also summarized some insights from my recent experiences, hoping to help everyone:
1. How should small funds start?
Why mention "small funds" first? Mainly because: the vast majority of people believe that dog fighting is a highly risky endeavor, so they are unwilling to invest large sums of money. This aligns with normal logic.
Previously, the approach for small funds was the logic of "heavy positions - ultra-short term - rolling positions."
However, the current environment has undergone significant changes compared to before: the smart money you follow is no longer as sharp, many big players on the blockchain (0xsun, CryptoD, Wang Xiaoer, etc.) have partially retreated, and most importantly, the hype around many MEME tokens is hard to sustain. Therefore, facing the current situation, small funds should be more precise in their operations and I recommend:
(1) Reduce the number of trades; small funds should avoid high-frequency PVP at this time.
(2) Select projects carefully; only invest in projects you believe in.
(3) The starting capital should not be too small (starting from 0.5 SOL), otherwise the profit may not cover the slippage.
2. How to select projects?
(1) Celebrity coins: Celebrity coins are usually issued by celebrities for harvesting, and there are some celebrities who deny any connection, so the risks are high and liquidity is poor; it is not advisable to chase them.
(2) Hot coins: It is recommended to wait until the hype has fermented a bit before entering, because at the beginning of the hype, you may chase the wrong trend, and the excitement may fade, leading to high uncertainty. It's better to wait for it to stabilize a bit after fermentation before entering to avoid mistakes.
(3) Community coins: Do not reject community-driven projects, as they have natural traffic, leaders, and voluntary promotion. However, you should also differentiate: a good community project is one with strong organic spread and high willingness from retail investors to participate; avoid "low market cap + one-time DEX fees," as these are usually fishing schemes.
(4) Conspiracy coins: They are called conspiracy coins because the initial chips are concentrated in the hands of insiders. Entering too early can lead to being harvested. It is only after they start operations, advertise, the community ferments, and the secondary market becomes active that there may be short-term arbitrage opportunities.