#PI Before the conference in Toronto, the exchange's pi was just over 200 million. At that time, retail investors were promoting it wildly, the sentiment was crazy, and there were various bullish predictions. The Toronto conference started on the 14th, and on the 16th, after Nicolas's speech ended, I checked the total amount of pi on the exchange, and it instantly reached 400 million. It increased from 200 million to 400 million, an increase of 200 million. The retail investors' sentiment went crazy again, leading to all kinds of insults and panic, which caused the price to drop continuously. I said before that the 200 million added by the exchange was to intimidate retail investors; they would not sell because at that time the price was already fluctuating around 0.7, close to the cost price for the major players. By increasing it to 400 million, they were using panic to make retail investors even more anxious. Today, I took a look, and it decreased by 100 million, leaving only 300 million. Around 0.7 is the best time to buy at the bottom, and now is the wisest choice to buy in phases. Remember, only a few people make money; when others panic, I am greedy, and when others are greedy, I sell. Now many people are still saying that millions will be unlocked at the end of the month—millions, which are said by those who know nothing. Remember, unlocking is determined by pi's lock-up mechanism. We can already see the daily unlocking amount for a few years later, but what these inexperienced investors do not understand is that even if it is unlocked, there is no way to map it. After unlocking, mapping is still required. Mapping is much more important than unlocking; only with mapping can it circulate. We all know now that most of the pi is currently unmapped, especially in this eastern superpower. Even if 100 billion is fully unlocked, without mapped circulation, the amount will still be 2 billion. Those who promote unlocking are either foolish or malicious. When the day comes for a large amount of mapping, if there is no ecological support at that time, that will be the real downturn.
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