Today I bought some BAS, currently with a market value of 30m. The position isn’t large, but because the market cap is small, it quickly surged after I got in. Let me briefly explain my thoughts:
1. Track Expectations
Boost is a direction that BN wants to support significantly, and there has already been the first successful case. Based on experience, the second project usually won't be too bad; whether it's resource allocation or traffic support, it's worth taking a gamble.
2. Infrastructure Value
BAS is essentially an “verification layer” infrastructure, similar to the official collaboration role of BNB Chain back in the day. Such a position is usually not a short-term quick-profit coin but rather a foundational piece of the chain ecosystem. It has already partnered with 15 projects including Four Meme, indicating that it is not just a paper narrative.
3. Valuation and Position
A market value just above 20m is currently within an operable range; it’s not undervalued, but it’s also far from being a bubble. A small market cap means high volatility, so I’m cautious about the initial position. If there’s a significant pullback later, I’ll consider adding more.
4. Rhythm and Risk
My personal habit is to walk and observe at the same time, especially with small-cap coins, where it's most dangerous to go all in at once. If the logic remains unchanged and the narrative continues to develop, I’ll hold; if the logic breaks, even a small loss means I’ll exit. Ultimately, trading coins is not about predicting the future but about continuously validating your own logic.
This is currently the positioning: small position testing the waters, gradually adding based on momentum, and seeing if the narrative can extend to a larger market cap. $ETH $BTC $XRP