1. Name speculation. In the Internet stock boom of the 1990s, many companies changed their names to be related to the Internet. Adding .com or .net to the company name often led to fluctuations in the company's stock price. This time, Mask is an excellent example, as well as the previous Facebook name change meta.
2. On-chain opportunities. In this wave of Elon acquiring Twitter, the first thing that comes to mind is Dogecoin. With a market value of hundreds of billions of dollars, the market value of Dogecoin has doubled since the 28th. But what many people may not know is that Dogechain has risen 10 times since the 28th.
3. Sector effect, such as the good news from Meta and Ar. When you see Ar has risen by 40%, you don’t dare to chase it. However, if you look at Fil and Storj in the same sector, there are still opportunities to go long.
4. Binance is the boss. Wherever there are hot coins being hyped, 99% of them are on Binance, which has the most advanced funds and knowledge, as well as the most abundant liquidity. A large part of the hot coins are traded by Binance itself. For some hot spots, such as Elon's acquisition of Twitter, Binance does not have a large number of Doge chips, so it created a Bluebird Index and put Mask in it. The previous football index also used this trick.
5. Sector rotation. I am not very willing to talk about this because I think it is difficult to grasp. For example, the game sector on Binance will definitely have a pull when the market recovers. Please refer to Gala for details. For another example, if the Dao sector is suddenly hyped, People will also have a pull.
Many speculations seem so obvious and inevitable in hindsight, but what we are trading or investing in is an uncertain future. Don’t always lament your missed opportunities. How to improve your ability to speculate in cryptocurrencies is the important thing.
That's all, Dyor.
Author: Beyond, Twitter @Beyond0x009; Editor: Gemini, Twitter @Gemini0x17
