0xzhaozhao

For projects you’re bullish on, buying beats farming—and buying beats just talking.

A lot of people are bashing it, but it feels like there’s a chance to see 1.5 → 2.5 (3.5).

Why do we keep getting burned by anti-farming Perps and prediction projects?
Why do we keep getting burned by Memes that go to zero overnight?
Sometimes I wonder if the trends we follow are the problem themselves!!!!!
Today I watched a video from Open Interest interviewing Mike, founder of Defined&Codex,
about how to use on-chain data to identify artificially manufactured hype.

The best move at this stage is actually: If you’re bullish on a project and have a personal social media account, proactively “ask” for an opportunity to collaborate as an ambassador! If you don’t have a personal social media account, try to secure a role as a community mod or angel.
And if you’re planning to go all in on a project, make sure you think it through before investing a large amount of money! If the project is already past its early stage, instead of pouring your entire budget into it, it’s better to set some aside,

. $Ena

At this stage, many people are still waiting for another big drop, but personally, I feel that some assets are ready for gradual accumulation.
Yesterday, Gate just launched its 384th Launchpool, featuring Tether Gold $XAUT . You can participate using the stablecoin $USDT, the platform token $GT , and $XAUT.
For those of you still holding stablecoins on Gate, waiting for a pullback while keeping an eye on the market,

I opened a position in ENA, which was in Lu Ge’s portfolio. Arthur Hayes, who’d been bullish on it all along, dumped his holdings and bailed. A whale getting out is probably a short- to medium-term positive 🤔. I want to see if going against the crowd can make money.

Online, Yun attended the NeoSoul Chengdu event. Many people are bullish on $DNA ’s price action after the shakeout, but there also seems to be a consensus that this round of shakeout may not have been strong enough. Looking back at NeoSoul’s moves, they’re very different from the approach taken by many crypto projects:
· Sponsoring everyday people to attend, giving more ordinary people the chance to participate in Token2049.

A few months ago, I went to Wuhan to see the Queen. While we were chatting, she said she spends nearly RMB 100,000 a month on airdrop farming. Honestly, that number was pretty staggering. In the Web3 world, some people put in the time, while others pour in the money. Everyone’s waiting for an opportunity that could change the game. I hope Predict brings the Queen a good outcome this time—ideally, one that really helps her achieve financial freedom.

2024/12/14. That night in Chiang Mai, one of Harvey’s core points was: If you can’t make A7 through the protocol itself, don’t expect to make A7 by losing money in the protocol.
That was also when I started posting less and less about airdrops. In the eyes of many airdrop farmers, I gradually became someone with nothing useful to share.
Even when O and BP were all the rage, I kept repeating Harvey’s point.

He's the one shouting that ENA is going up, and he's also the one selling the fastest. 🤣🤣🤣🤣🤣

When I was using AI tools in August & September, AI suggested I wait until October to place my bets.
It’s that point in the market cycle again when we call each other idiots.
Looking back, it seems like nobody was wrong.
We just bought too early.
But sometimes I wonder:
If I hadn’t traded memecoins this year,
chased those so-called 100x opportunities,
or burned through my capital and emotional energy in one pump and dump after another,
I can’t even imagine how much freer my life would have been this year.

I don't dare send my card number and password to AI😂

I scrolled through the homepage for a bit. The feed was full of all kinds of takes based on institutions pulling out of altcoins. What’s interesting is that when the market is going up, everyone talks about the bull run, narratives, and value. When it’s going down, the conversation shifts to how there are no opportunities. Can HYPE fall below 70? Can SUI fall below 0.88? Can UNI fall below 6? Can ENA fall below 0.15?

Is the bottom near?

Niu Lai and Pons have both hit new lows.