#Icnt The image below is a screenshot of a contract order post from a brother in Binance Square. After seeing it, I felt compelled to share my thoughts. The first point is that it is obvious from the picture that he thinks the price has dropped to a low point, so he immediately begins to look bullish. What is the logic behind this? The saying that prices will fall at highs and rise at lows is not wrong in itself, but we need to consider, how high is considered high? How low is considered low? This is subjective; everyone has different answers and views in their hearts. Some girls think that a guy under 180cm is a third-rate invalid (I am not tall at 172cm), while someone who is 165cm might think that 170cm is tall. Therefore, everyone's frame of reference is different, and naturally, their conclusions will not be consistent! To put it another way, we retail investors might think it's high, but do large investors, project teams, or those often referred to as 'whales' think it’s high? So…
The second point, I saw someone say that the new coin has dropped like this after its launch, why doesn’t the project team intervene? Isn’t it too much? We know that the project team is the capital side, and capital seeks profit. Following the current trend to sell off is, in my opinion, the right thing to do. People should act according to trends when choosing industries, jobs, or partners to marry. This is inherently following the trend, and it will be better! Some might say, it dropped like this right after the launch, why not pull it up to sell off? Little do they know that the market cap set when the coin was launched was already quite high, so why pull it? Why go through the trouble of pulling it up?
The third point, we know that whether it's issuing coins or trading coins, it is a financial investment behavior that emphasizes return on investment. To give a simple example, if I have one million and want to earn 50%, that means 500,000 in profit. Now, is it easier to push a market cap of ten million with the same one million in funds, or to push a market cap of one million? Which has a higher probability of winning? At this point, the answer is obvious… So, the continuous plummet might be what he wants to see the most?