The launch of Pi has plummeted! After six years of wealth dreams, why has it only resulted in a wry smile? After six years of waiting, Pi coin has finally been listed on exchanges, but the outcome has been disappointing. Investors who originally hoped for 'financial freedom' can only smile wryly in the face of a coin price of $1 (far below the expected $314). For many users who earned Pi through no investment, Pi coin has not brought luxury cars, mansions, or yachts, but has instead exposed the cruel logic of the crypto market: 1. Circulation issues: The current circulation is only one-thousandth of the estimated total, and the future massive release will lead to huge selling pressure. 2. Manipulation by the project team: The project team controls a large number of chips, dictating the rhythm of both the market and dumping, leaving ordinary users in a passive position. 3. Market indifference: Institutions will not easily take over at high valuations, and by the time ordinary users can trade, the price may have fallen below $1. The current state of Pi coin reminds us that the risks in the crypto market cannot be ignored: Underlying logic: With a total supply of 100 billion Pi coins, it is destined to face a situation of oversupply, with a high possibility of prolonged declines and even an inability to sell in the long term. Investment advice: Do not blindly chase after 'free lunches', but rationally assess the actual value of the project and its market prospects. Ultimately, the story of Pi coin may just be another lesson in market education: the crypto world is full of opportunities, but it also requires clear awareness and cautious decision-making. #ip
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Starting with 3000 u principal, opening 500 u at 3.07, increasing leverage by 20 times all the way up, the trend is indeed very aggressive, and the funding rate settlement has not fluctuated much, so I know I won't be sleeping today, just keep an eye on the market.
Breaking 4 all the way, reducing leverage on the trend line and reinvesting unrealized profits, thus successfully closing the position at 4:49. Although I didn't catch the largest segment, I'm still satisfied, managing risk and embracing profit.
* There was gradual profit-taking earlier, didn't expect to be able to profit above 4.
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Pi Goes Live and Crashes! After Six Years of Wealth Dreams, Why Only a Bitter Smile?
After six years of waiting, Pi Coin has finally gone live on exchanges, but the result has left many disappointed. Investors who originally hoped for "financial freedom" are faced with a coin price of $1 (far below the expected $314) and can only smile bitterly.
For many users who earned Pi without investment, Pi Coin has not brought luxury cars, mansions, or yachts, but rather exposed the harsh logic of the crypto market:
1. Circulation Issue: Currently, the circulation is only one-thousandth of the estimated total, and the massive future release will lead to significant selling pressure.
2. Project Manipulation: The project team holds a large amount of tokens, and the pace of both mirroring and dumping is completely under their control, leaving ordinary users in a passive position.
3. Market Indifference: Institutions are unlikely to easily take over at a high valuation, and by the time ordinary users can trade, the price may have already fallen below $1.
The current situation of Pi Coin reminds us that the risks in the crypto market cannot be ignored:
Underlying Logic: With a total supply of 100 billion, Pi Coin is destined to face an oversupply situation, with a high likelihood of prolonged decline and even the possibility of being unsellable in the long term.
Investment Advice: Do not blindly chase after "free lunches"; evaluate the project's actual value and market prospects rationally.
Ultimately, the story of Pi Coin may just be another lesson in market education: the crypto world is full of opportunities, but it also requires clear awareness and cautious decision-making.
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