1. The whole process of boarding
When someone in the WeChat group first posted about the Mars project, the market value was about 700,000 US dollars. I saw it at the first time, but ignored it. Soon, the market value reached 3-5 million US dollars. It turned out that Li Ping had tweeted. As a veteran player of meme coins, I felt that the gold content of this project should not be at the level of a on-chain meme, so I got on board. I didn’t buy much, only 1,000 dollars, because I really didn’t know much about this project and it was beyond my knowledge.
The market value reached a peak of about 9 million US dollars that day, and it was washed down to more than 3 million US dollars before going to bed. At that time, I was losing money. People in the VX group discussed whether to buy the buy the dips. The chairman said to wait and see tomorrow morning before going up. Yesterday morning, everyone knew about it, and the market value went back to 8 million US dollars. Now it has reached 19 million US dollars.
2. Review of investment logic
Whether it is meme or value coin, each has its own investment logic. This project has taught me a hard lesson. I didn’t make much money, but it opened up my investment thinking. I would like to share it with you, hoping to get positive feedback from you.
1. Li Ping is a big investor in Shib. I heard that he is worth hundreds of millions. Basically, his posts are all about preaching memes. As the saying goes, every profession has its own expertise. For Li Ping's IP+TERMINUS concept, I think it is not a big problem to see a market value of 30 million US dollars. Next, it depends on whether it can be listed on a first-tier exchange such as Binance. 2. For all meme projects, whether you can participate depends on the following points:
(1) Who is on the train ? This is very important. For example, in the Mars project, Li Ping fired the first shot , and the market started to buy. Then came the market fomo. Almost all the top Chinese-speaking people who recognized Li Ping and the project narrative got on the train. As small investors, if we are on the same train, we will not be wrong. The probability of getting a big result is basically a certainty.
(2) Community is very important . When a meme is launched, who will take over the subsequent narrative? Community building is particularly important. Without community building, it will basically be short-lived. I have seen many people on x spontaneously start to build communities. Whether it is tg or WeChat, there are people doing it, so this kind of community culture is formed.
(3) Project narrative is very important . Simple and direct narratives are deeply rooted in people’s hearts. As the saying goes, it is easy to get addicted. The IP of “I want to go to Mars” is really amazing.
(4) There are bankers and market makers . You can see the buying volume of this project. It is basically initiated by the community. There are many small buy orders during the fomo period, but in the early stage, there are large orders. What does this mean? Controlling the market is very important;
3. Self-reflection
1. The market is always right. Don’t impose your investment logic and values on others. Adjust yourself in real time according to market changes. Otherwise, your investment logic will not be suitable for the current situation.
2. The purpose of investment is to make money. The buying point is important, but holding on is more important. Knowing when to sell is even more important. This is something we need to learn for a long time to create a set of investment logic that suits us. I am still learning, and I will share more about this later.
3. Let go of your prejudice. The most talked about meme is pvp, but value coins are pvp with a longer timeline. It's just that meme shortens this time cost. Meme also gives us a fair chance to participate. What about vc coins? Do you want to reflect on it?
4. If you have a better value coin, you can invest part of the profit earned on meme in the project you are optimistic about. I put part of the profit earned on TERMINUS into olm and part into 7007. The rest is for the pattern. I wish everyone can break their own limitations, improve their cognition, establish their own investment system, abandon prejudice, ride the wind and waves, and get their own big results.
