Original author: Wonder Women
In $BMOE, I made 200 million RMB. I promised @BTCdayu to write down my experience and feelings. I have been procrastinating for a long time. The main reason is that I don’t know what to write. After all, it’s just a bet on victory. I’ll just write it down briefly. It can be regarded as a small review of myself. First, the address 5NR7oEN3wvKyctQyhy3dJmqvkxrVga2hbWcEcbKpgjJK has a total of 12 addresses. I marked 10 of them when I just transferred 0.01SOL. There should be more than 100 million.
The reason for buying at different addresses is very simple, so that there will be no fear when shipping. I simply reviewed the market according to the timeline. There is not much to say about the process. I saw a KOL talking about BOME at noon, and I felt that I should pay attention to it, but I didn’t feel much at that time, after all, the market value was small. But I remember that it was around 3 pm, and I saw that Daewoo suddenly sent messages to the group to ban speech, and sent many messages in a row. The reason given made me suddenly very excited.
I immediately started buying with OK Wallet, and it took only 5 seconds to decide on a heavy position. The reason was actually very simple. I knew that Dayu was very fond of big pools and seldom made moves. I had entered the market immediately for Pandora before because of the big pool, so with the capital I had earned from inscriptions before, I had the confidence. I decided to buy more than 1 million Us directly. I actually bought more than that. I was a little overwhelmed, and kept adding positions. The average price is also difficult to calculate.
The average cost should be around 300-100 million market value, because there are too many addresses, and they are bought in batches, it is not easy to calculate. After the purchase, Dayu posted a lot of things in the group. I saw that several group friends I follow also expressed some FOMO views. I think this should be stable, and then things are a bit unexpected. It was listed on Binance for three days. At the peak, there were more than 20 million U in the account. I almost followed some principles on how to sell, that is, it is best to sell at the most FOMO time, so I basically started selling before and after listing on Binance, and started selling at around 0.025. Basically, I sold it on the chain. I felt a little magical at the time. I sold thousands of thousands of SOLs, and the price did not fluctuate too much. It was sold all the way to around 0.018, and it was probably the lowest at around 0.013 in the middle. There was also a little bit of it. That's about it. It's actually a few clicks on the phone.
Let me summarize some of my experiences.
In fact, meme is about innovation, narrative, and culture. At the same time, the pool must be large and it must be on a chain with money and people. Of course, these views are all learned from Dayu. He has a special SPACE to talk about SOL and MEME. I have listened to it several times. In fact, I guess the logic of another person in the group who sent 66666U red envelopes to Dayu is similar to mine. In addition, it is still necessary to follow the right people. There are too many pitfalls in MEME. Most people are setting up a game with the dealer just to cut off those who see the news. In fact, I wrote this today because I am a little angry when I see this chaos. Some people are shouting some memes that are not good at first glance, but they are written very clearly. In fact, I agree with one point that good things do not need to be shouted, and junk things cannot be shouted, so I am basically only interested in MEME that Dayu pays attention to, because he only pays attention to narrative, large pools, and the potential of the project itself.
It's quite depressing to say, after making this wave of money, I basically lost every time I tried to invest after BOME, and I lost hundreds or thousands of SOLs, which made me a little scared, so I took a break recently, and my SOLs sold well, and I sold most of them at around 200. Now I am looking forward to the next good MEME, but I feel that there will be few opportunities. With more VCs entering the market, there are actually fewer opportunities for retail investors. After writing it, I found that it still lacks depth.
It's like a running account. I'll share some things with you when I have time. I may not update it. It depends on fate. After all, my level is limited, and I have lost a lot of money recently. But if there are good projects, I will also publish them. Finally, I think the strongest person in this circle in Chinese is @BTCdayu . His speed of change is too fast. I have followed him for several years, but now I can't see through it at all. I just try to understand it. But I conclude that he has a much higher winning rate in MEME , and the proportion of value coins locked is high. So I pay special attention to what he said about MEME. I have now quit all the groups in the crypto, leaving only one group where he is banned. I have opened Twitter or WeChat reminders on my mobile phone, tablet, and computer. He hates being copied, but I may be one of the people who can follow him the best. Finally, I recommend a book called "Narrative Economics". Dayu has talked about it many times. I just read it recently. It is really useful.
The addresses are collected and associated. The OKX wallet supports several sets of seed phrase, which can be confusing.
