The price of parti's token has been going down, from the airdrop to now, it has dropped from around 0.40 to the current 0.164. I am very calm, and I even hope it can continue for more than three months. I just want to increase my holdings.
Many friends ask me why I am optimistic, and there are only two words: feeling. It's that kind of feeling, you know? Everyone knows some well-known sayings in the crypto world: if you can see it clearly, buy early, go heavy, and hold on.
Whether I can see it clearly or not is not the point; buying early, the current price is not too high, and it can be seen that 0.15 is the support price from the whales, so it shouldn't drop too much below 0.15. I am heavily invested because I went all-in with spare funds, plus I have added all my spare money into parti, so for me, it's considered a heavy investment. I can hold on because it’s spare money, so I personally believe that I can hold on for at least three years, and my expectation is ten times, that is, when the price reaches around 2-3, which is my initial expected price. However, I always have a feeling that there will be a wave of market movement within three months.
From yesterday's voxel event on bitget, I believe everyone has seen the drawbacks of centralized exchanges. Data manipulation, all exchanges are like this, and data manipulation isn't anything new, but from the current market situation, the development of DEX is definitely the trend of the future.
When an account can operate on the entire chain without KYC, with a smooth trading experience, able to open contracts, and extremely low transaction fees, aside from deposits and withdrawals, I really can't think of any advantages of a centralized exchange. Moreover, many DEXs can directly buy and sell USDT but do not support domestic transactions.
The realization of such a scenario is an opportunity for Particle Network. This should be the most complete state, but currently, there are still many shortcomings. The transaction fees are too high; although the market rate is 1%, it is obviously too high considering there are gas costs on-chain. If this fee can be reduced to the level of regular users on exchanges, around 0.1%, I believe the time left for CEX is not much.
Therefore, parti can well interpret three words: learn by doing. It is slowly progressing and is currently in a stage of quantitative change. One day, there will be a qualitative change. When its wallet function becomes more and more perfect, the trading experience becomes smoother, and the costs become lower, I believe DEX can occupy the dominant position in the future market. However, whether it is Particle or not is hard to say; I just personally think that the outlook will be good.
Liang Xi said he only sleeps five or six hours a day, spending the rest of the time trading. Sister Hui said she saved hundreds of coins and often checks the K-line, almost memorizing it.
Do you understand? Success is really not that easy!
If you want to excel in contracts, go to a simulation account, only trade Bitcoin and Ethereum, practice hard for a month, and keep trading continuously. When you can achieve a 100% win rate for a month, you can start trading with real funds.
If you want to excel in low-tier coins, sit down and analyze the chains, collect all the previous major coins, study some K-lines, and keep watching and researching. This research must be memorized, just randomly looking for eight years won’t help. Then, in practice, choose projects; you don’t have to buy, just remember the prices you watched and see if the subsequent trends are profitable, when it peaks, and when to exit. Over time, you’ll develop your own intuition.
Got it? Exceptional people repeat simple tasks until they achieve muscle memory; you won't be far from success!
This circle: The most impressive KOLs are always traders. Whether it’s first-level or second-level scalping, everything else can take a back seat. Only traders rely on themselves; they can earn money while standing. So, whether your account is impressive or whether you have many blue V’s doesn’t matter. What’s important is that you can make money. Only then can you help others earn money. If you’re broke yourself, don’t talk to others about macroeconomics or theories; practical skills are what really matter.
This circle: If you put the users first, they will install your project on their computers and phones. Good projects and good business are both essential; you can’t have one without the other. There are always businesses that attract negativity towards good projects, and there are projects that hinder good businesses. Leadership is crucial. Keep your vision long-term. There are no irreplaceable products. Look at how OKEx over the past few years has quietly built itself up without fighting for attention, basing its success on good products and an excellent business team. They have achieved both market success and a great reputation, reminiscent of the great leaders of the past who commanded the people's support. Other companies/products/projects really need to learn from this.
This circle: The brave are the first to enjoy the world. By entering this circle, you have already taken the first step of the brave. Continue boldly; making mistakes is better than doing nothing.
$parti has just begun. If you do not buy now, you will definitely regret it later.
[Focusing on the product is the most important thing] I have not participated in the early Particle Network; I began to understand chain abstraction from UX @UseUniversalX. The unity and focus of the boss and the team can reassure users. It is indeed important not to be distracted by certain voices. After watching some of the future development plans shared by the boss, personally, I am more looking forward to superapps, which means one application dominating the world. However, the lessons learned from OKX serve as a warning; although the super app model will make things easier for many users and have its own followers, an application matrix is a better choice for future internationalization.
Currently, there are many gangs in the cryptocurrency circle, yes, that's right, gangs. The entire cryptocurrency world is a big circle, and within this big circle, there are countless smaller circles.
Almost every day, we can see different circles challenging each other, with various online insults and attacks, rallying their own supporters to create opposition. However, as demonstrated by Brother Sun and Li Lin sharing a drink together, there are no permanent enemies, only permanent interests.
On Twitter, there is indeed a natural wariness towards strangers, and people can express themselves without restraint behind a keyboard, amplifying both the strengths and weaknesses of an individual. Many of your temperaments and characteristics are completely exposed due to the anonymity of the internet.
Yet many people shake hands and make peace offline. Ultimately, it boils down to this: if you take it too seriously, you lose. Recently, I've seen a lot of tearing each other apart and insults flying around, but the opposing individuals are not necessarily hateful, as each has their own thoughts and positions. There is no right or wrong, and no results will come from the arguments.
So the commotion isn't really worth watching. In the vast sea of information on the internet, it will quickly be drowned out and forgotten by people. Therefore, what’s important is to focus on what you should be doing!
Of course, helping your friends without hesitation is what makes a true friend, and being neutral means standing in the opponent's position!
I remember reading a saying a long time ago: Friends who are neutral are essentially standing on the side of the opponent. For me, there has never been such a thing as neutrality. In matters, it's either friend or foe. I must support my friends. I, the clearly aligned U junior, a loyal supporter of the great UX, will not allow any baseless rumors or slanders.
➊ Why FUD?
Looking around, I still haven't seen how exactly the big players were offended. This is currently my biggest concern. What kind of offense is worth someone who can easily make 300 BTC to go around spreading FUD? If there’s evidence, just show it, don’t drag it out!
This morning I saw the philosopher posting about the egg $eggflation, I added it to my watchlist, then got busy and didn’t look much, hesitated for a while, and then the coin price skyrocketed. When I saw it, the price was about 5 floors, then it soared to 12 floors. I resisted the impulse to jump in and waited for a pullback. Later, when it pulled back to 5 floors, I decisively increased my position, and just happened to see the philosopher supporting the price by buying some, and I made about 50% profit and exited.
Afterwards, I saw $eduardo, a cryptocurrency encoded into the genes of a mouse, and thought this narrative could have at least reached 5 million if it had been earlier. When I saw it, the price was at 3 floors and the market cap was 300k, so I decisively added to my position, and it surged all the way up to 16 floors. However, I doubled my investment early and exited, and then it kept pulling back. During the pullback, I bought back in at about 3 floors, and then cut losses at 0.8 floors, recovering only 40% of my initial capital.
Both of these projects have decent narratives, one is timely and the other is alternative, but indeed, in the current market, few projects can survive. Both projects didn’t go above 2 million at their peak, and then didn’t rise again, so it's important to follow the market and not be a diamond hand. With a diamond hand, you might be able to hold onto a big winner like $rfc, but in 14 days, very few can hold on that long. In hindsight, Elon Musk's crazy interactions + full-on mockery definitely deserve some diamond hands!
Future operations should still remember to exit the principal in time, and not look back. Looking back can only mean holding onto profits; protecting the principal is very important!
$parti is very strong today, finally no more scolding, and the chat atmosphere in the group is becoming more and more harmonious!
Those brothers who saw the RFC shares on Twitter and made dozens of times their investment, now feel confident and start to follow trades and speculate. Indeed, many KOLs' posts can trigger a strong dopamine release, making it feel like there’s another opportunity. But please remain calm.
Please remember not to be led by CX into the market; you should learn to analyze. You can obtain information from KOLs, but your entry should always be based on your own analysis.
Recently, when Binance Chain was bustling, after a few days of play, everyone realized that when playing on Binance Chain, you only need to look at CZ's Twitter for angles. If you apply this method to all chains, what you need to do is to find strategies, wallets, and angles. Simply put, it’s about whether there are big figures empowering the project, like Musk's crazy interactions, whether there are many leading KOLs buying in, such as Brother D and Wizard Yuyue, etc., as well as the project's narrative, etc.
So at this point, you understand that monitoring specific groups on Twitter by following or using tools (GMGN has this feature available for application) is not common. I will later compile a list of the accounts I follow.
Then, it's about building your own library: some major KOLs’ wallet addresses, which are openly available in GMGN, can be collected. Then, find early wallets in some popular projects that have high profitability, follow them, and analyze their previous trading history, win rates, etc., to determine whether it's worth adding to your library.
Finally, just sitting and waiting. Please remember to always have your own thinking and analysis, and never be led by others.
Seeing the recent market situation, I am writing a summary of my self-trading!
#分散资产 I am currently in the process of learning how to trade small-cap coins and operating on my own. Of course, I'm still in a phase where I lose more than I win. Indeed, there is no simulated trading for small-cap coins; you can only pay some tuition. My strategy for the secondary market is to gradually accumulate positions in larger coins. I know I won't be able to buy at the lowest point, so my understanding is to accumulate in batches. When the price drops to a certain value, I will buy in a portion. For example, every time Bitcoin drops by 5000, I will buy some positions, and so on. I started with 100k and have accumulated down to 75k.
Being a KOL and being a eunuch are not much different!
Seeing those who teach how to be a KOL, I didn't really want to discuss this at first, but this morning when I was reading about the Ming Dynasty and came across some life stories of Wei Zhongxian, I suddenly thought, huh? This method seems a bit familiar!
Ordinary people rely on hard work and study to achieve success and fame, going through the provincial examinations, the imperial examinations, and only then can they enter the court to become officials. After decades of navigating the officialdom, they can finally become someone of significance. This path is too difficult, with too many conditions; it's not a road that ordinary people can take. Comparatively, it’s like employees of large companies or exchanges; after going through layers of screening, you can successfully get hired. This path is relatively fair but not smooth, and only a few can make it; most people cannot traverse this road, only the smartest, most outstanding, and most talented individuals can succeed.
So, is there a shortcut to reach the end? Yes, regardless of background or education, anyone can do it, and if you can make a living, those who do well can even become big shots; you just need to create an account to enter the door. Comparatively, eunuchs do not need to be well-read, do not require extensive training, and do not need to handle government affairs; they just need to undergo that one procedure to enter the palace. It’s exactly the same, right!!!
But just because you have undergone the procedure doesn’t mean you are an impressive eunuch; eunuchs are also divided into different ranks. Most eunuchs spend their entire lives just being errand boys. Compared to the imperial examination path, there are no barriers, not many rules; as long as you undergo the procedure, the rest relies on personal ability and luck. Relatively speaking, the opportunities are a bit greater, but it’s still just a bit.
What Should Binance Do from the Perspective of Bottom-Level Users?
# ❖ ● Introduction In the short two months after the new year, the cryptocurrency world has undergone tremendous changes. The market, trends, and directions all have new hot topics every day, but ultimately, they all boil down to one reason: the lack of liquidity. In recent days, Binance has undoubtedly been at the center of attention. As a leading enterprise in the market, every move is monitored by everyone. As the founders of Binance, CZ @cz_binance and the main person @heyibinance have undoubtedly become the focal points of this storm and the outlet for all market sentiments. Just like the tweet the main person posted today, she has tried all directions, but each direction has its users' curses and dissatisfaction. The voices are too many and too mixed, making it indeed difficult to decide. Perhaps she is feeling helpless.
Water can carry a boat, but it can also capsize it. Binance seems to have fallen ill, a high and mighty illness, the dragon-slaying youth has ultimately become the evil dragon.
CZ and the top influencer were very active recently, restoring some reputation, but the difficult-to-understand decision-making regarding coin listings has personally put an end to the recently improving BNB Chain. Between the project market and users, users have become the most overlooked existence. When the market is filled with curses, failing to reflect on the issues makes one feel that Binance is no longer the Binance of the past.
In the construction of BNB Chain, a targeted invitation group was formed, listening to the suggestions and opinions of a small group of indifferent KOLs. Is Binance used to hearing flattering words from them, or do they believe that ordinary users' opinions do not count? Providing services only for a small number of people, can those people still be called users? How many true words can come from the suggestions of those dependent on Binance?
If things are not going well, then learn from it. Xiaomi has been in the spotlight these days. The people who died in the car accident are indeed pitiful, but if the blame is placed on the vehicle, that would truly be a wrongful accusation. However, Lei Jun did not make excuses or evade the issue; instead, he responded actively to address it. This is what a responsible and accountable company leader should do.
In contrast, the founder of a company with a market value of hundreds of billions treats users' losses as a joke. When faced with problems, instead of solving them, they nonchalantly acknowledge their inadequacy? Can I understand this as an avoidance on your part? Is it that you have not taken users' issues to heart or simply do not want to address them? The core employees are the same; when faced with potential catastrophic events, or even confirmed incidents, they only privately remind a select few groups of the risks. Do retail investors deserve to suffer losses? Is this the issue of inconvenient information disclosure in corporate competition?
The current market has already changed. Everyone can clearly feel that liquidity is getting worse. In short, there are fewer and fewer new users left, and only a small number remain. However, Binance's approach pushes users away, presenting an attitude of 'I am not afraid if you don't use it.' Without the responsibility of leading enterprises, it is instead filled with the arrogance of a monopolist.
Gaining people's trust is like building a towering skyscraper, requiring one brick and one tile at a time. But losing trust is like an avalanche, disappearing in an instant. If this indifferent state continues, Binance will truly find itself in an unsafe position.
Big brother, how are you doing? This coin looks so promising, and now there's an even better price at 0.2. If you are a master of position management, maybe you still have some bullets to add to your position at 0.1.
Does the cryptocurrency circle really need market makers?
Recently, I saw someone asking how to exclude market maker transactions to discern the real trading volume of projects listed on exchanges. Seeing this question, the first thing that comes to my mind is, if market makers have become the volume boosters, have they lost their meaning of existence? As we all know, there are numerous matrix accounts on Twitter, and countless bots. While everyone deeply detests fraudulent behavior, what they seek is a relatively authentic ecological environment. However, where there is demand, there is a market. This behavior is only criticized by everyone, but there are no particularly good solutions.
While there isn't much action right now, let's chat about $parti! I've been pushing it so hard, and if you don't listen, you'll regret it!
The big conference in Hong Kong is coming up soon, and I expect it to be another period of decline!
For someone like me who isn't a contract player, the market hasn't been worth trading in these past few days. I've been buying parti, from 35 all the way down to 23. I'm just a small investor, and I've almost bought ten thousand coins in bits and pieces. Although it’s insignificant for the big players, I believe it could be a tenfold or even fiftyfold investment.
Some brothers say this project has a market value of several tens of millions, and even if it falls to zero, the project team still profits. Why would they want to pump the price?
First of all, the project just secured $1,500 in Series A funding from Binance Labs last June, so they are financially solid.
A market cap of several tens of millions does not mean the project team can just withdraw and take the money. Most of the chips haven't been unlocked yet, and the project team doesn't have many chips available.
As for why they would take the risk to pump the price, I don't quite understand this reasoning. I think this project has great potential; it’s the best on-chain trading app, and I believe its future could reach the level of Binance. Therefore, the market cap reflects the optimism surrounding the project. It's normal for the market cap to rise as more people hold and buy the asset.
Moreover, with a current market cap of fifty to sixty million, even with full unlock, the market cap would only be 230 million. Personally, I think a fully unlocked market cap of 5 billion would only be a passing grade for this project team.
Lastly, no serious project team would say they want to cash out and run away. If what they are doing has a bright future, who would resist the opportunity to create a world-class product? Surpassing Binance and becoming a major player in the crypto world—who would pass up such an opportunity?
So, even though the price is down right now, I still think this is a project worth holding onto. Opportunities in life are rare; you’ll miss a lot, and you’ve already missed a lot, but don’t miss this one!
Missed the hype, missed the party, don't miss out on defi.app anymore, give it a try! I think this project will be a big deal.
I believe it's a European and American style project, led by Mechanism, many people don't know about it, and you can participate in the Pre TGE now, even if you do more yap, you can get airdrops for free, don't hesitate, hurry up and join the team to earn points!
I consulted an expert, and using the sol/orca orca/sol trading pairs back and forth can occasionally yield big hits, mixed with some other trading pairs like Trump, but don't go wild, as some coins have larger wear and tear. The normal cost is around 1u for about 500-1000xp, and the subsequent airdrop is conservatively estimated to double.
Total points 5B, current progress 1B, a little over one-fifth, so it shouldn't take long to reach 5B for the airdrop, which means there's not much time left for the brothers, cherish it while you can!!!