Recording started on 2024-01-19

Start by 1000U

………20240122 Capital increase 2300+

………20240124 Capital reduction 2300+

………20240201 Capital increase 1000

………20240207 Capital increase 2800

………20240213 Capital reduction 2000

The first goal is 50000U

Just to record daily operations,

On the one hand, recording

On the one hand, to understand yourself better.

Day 28-20240215

1. SUI stopped the loss and exited the market. Today I chatted with a friend in the blockchain industry for a while, learned about the move language, and learned about SUI and its ecological status.

First let’s talk about the advantages. SUI is a public chain developed from the bottom up. The move language has good advantages in terms of efficiency and scalability, and it is a wealthy public chain. TVL currently ranks among the top ten for this reason. The future he envisioned solves many of the current pain points of the blockchain. If subsequent development goes well, this is a project with hundreds of times the potential.

Next, I want to talk about his current disadvantages and uncertainties, which are also the reasons why I chose to stop loss today. First, the threshold of move language is not low, and it requires a certain learning cost to transfer to the SUI chain. Second, there is currently no star project on the chain that has left the industry. Third, there is no clear market positioning yet. Although SUI's official website states that it is mainly focusing on the smooth transition from web2.0 to web3, but it has not yet made corresponding achievements. There are still no relevant projects on the dex under the low gas advantage that is most beneficial to chain games. Fourthly, it will be thrown away later. The pressure is huge. Based on the total amount of 10 billion, the current circulation is about 10%. Before 2025, the current circulation will be unlocked several times. When it reaches 5U, it has surpassed the current BNB market value, not to mention that whatever is popular now is I don’t know if the project’s SOL will have a destruction mechanism in the future, at least I haven’t heard of it yet.

From all aspects, I feel that its current price/performance ratio is already very low, so I will give it up for the time being and wait and see its subsequent development before deciding whether to enter the market.

2. Go long on TIA and hold it for the long term.

3. Go long ZETA and hold it for the medium and long term.