Looking at the Essence Beyond the Phenomenon

When trading a coin, whether going long or short, the underlying logic is underestimation or overestimation.

Everything must start from this perspective.

If the only advantage of a coin is whether it is listed on Binance or UP, rather than the project's fundamentals, then its outcome will certainly be poor; the hotter it gets, the worse its fate.

This is why there is a law that what gets hot must die; because if everyone is optimistic about something, your optimism is meaningless.

You must focus on areas that others do not understand.

Recently, there was an ASP that pre-traded around 0.75, with Binance's investment and a decent project, yet it had a pre-trade FDV of 750 million.

Unfortunately, without a contract, I would have shorted it fiercely. I personally shorted at 0.9 pre-trade; there was not much trading on Whales, or perhaps I should have set it at 0.7 to sell.

Many people asked me how I felt about this project, and I thought it was good,

Then they asked if I bought it, and I said no, because it was too hot; I don’t trade what everyone is optimistic about.

In summary, a law:

The direction everyone is optimistic about is likely wrong,

All optimistic expectations can be shorted,

Why? Even the dogs on the street know when to go for contracts or spot trading,

You say expectations are met, will it drop?

Expectations are not met, will it drop?