$BIO Just brushed to see someone say bio is the leader, then I looked at the 3-day K and daily K lines, who is losing money and who is making money. Could it be that the leader first smashed 95% at the opening to cash out, then washed for a few months and used part of the cash to pull the market 😂. Recently, many coins have been halved at the opening, and it seems that many follow the same pattern as last year's solv, bio, etc., and recent bdxn, dam. Even looking at WLFI, I feel like borrowing some ideas. After all, after going online, they don't take a penny, first sell spot and long contracts, cash out directly, and then see how they feel about the market long position and pull it a bit if they stop playing.

In addition, I heard that WLFI's early private placement or subscription cost was between 0.015 and 0.05, with 100 billion pieces. Project analysis shows that just selling subscriptions can earn tens of billions of dollars, but does a project need to invest tens of billions of dollars?

Because most of the cryptocurrency market is also a zero-sum game, if a new coin is to make money for the project party, make money for the market makers, and earn money from free airdrop coins, aside from the many retail investors participating in contract and spot trading, I can't think of anyone else who would bear this loss. Therefore, I have never engaged in new coins because the mechanism determines a high probability of loss. (Everyone stay away from coins that are highly likely to be cut.)

I have mentioned before that I wanted to short this contract because of its enormous market value. Looking back now, it should be valued at 17 billion. A coin that can't even get on the spot has a market value exceeding the WLFI created by Trump 😂, but analyzing the market logic is not difficult to understand. Early on, 99.7% of the spot was concentrated in the hands of the main force, and there was no need for anyone to sell, so how could the price drop? It means the main force has complete control over the market. High control does not necessarily mean it will continue to rise, but rather completely abandon the spot to operate with contracts, cutting where there are many people, and after it rises, we also have not participated.

This cryptocurrency market is ultimately too crazy because the threshold is low. Many people enter the cryptocurrency market without exposure to stocks and futures, possibly thinking that trading should be like this.

So it is best to focus on mainstream contracts, doing more stable major coins like Bitcoin and Ethereum, while we have always operated altcoins at far less than 1x leverage, calculating down to about 0.25x leverage.