Let's discuss the strategy. For example, when it rises to 20%, we can pull out the principal first, and then let the profits continue to run. We can use a dynamic profit-taking method, such as taking profits if there is a 30% drawdown. The first step to discuss is how much capital to invest, which is roughly between 10,000 to 12,000, essentially a full-margin bet. All available USDT should be used, and we might even consider staking coins to borrow USDT, then fully investing it on BigGet.
My understanding is that the funds held by the project team are basically the largest, similar to US091. They are quite wealthy and have the ability to manage market capitalization. Unless the project team itself is unreliable, having such a large amount of funds indeed has the opportunity to make the project successful.
If it continues to rise in the first two or three days after the opening, then we can withdraw the principal when it reaches 30%. The specific strategy still needs to be adjusted according to market sentiment, so the preparatory work must be done well. If it breaks the issue price as soon as it opens, it indicates very poor market sentiment, and we need to consider whether to hold on like the penguin project or to sell half. After all, if we heavily invest and can’t hold on, it will be very painful. The question you mentioned is very important: what should we do if it breaks the issue price right after listing? This needs to be thought through in advance.
We often only consider the upside potential but overlook the downside risks. My usual practice is: if the market is good, I hold on and invest funds at the first opportunity, as public offerings may end early. Looking back at the last large public offering, was it US or DOT? If it was DOT, it rose continuously for more than ten days and continued to rise after splitting 100 times. In contrast, the heat of this project may only be one-third of DOT's.
Market sentiment is always unexpected; when everyone thinks there won't be any altcoin rallies, it often leads to a significant surge. However, this time is quite different from last time, and we need to lower our expectations. The last round expected a tenfold return, but it actually rose five times; this round expects a threefold return, and if it rises to 1.5 times, we can consider taking profits. A 1.5 times return is already quite good compared to the performance of A-shares and funds.
DOT was issued in the early stages of a bull market, while this project is already in the later stages. Although its timing is slightly better than US, it won't last too long. The last round of DOT lasted for two to three months, while this round we control to about 25 days.
