After a busy year, this year I seized the opportunity through the cognition I had been deeply involved in the currency circle before, and I am also very grateful to all my brothers for being willing to pull me, and the next step is to rest and study indefinitely, and fully understand the truth that cognition = money.
The chain is now hellish difficult, and the liquidity in the past few months has basically gone.
In the inevitable downward cycle
Say a word to each other
I really want to learn knowledge in other fields, if there are any brothers who communicate with me or take me, I am willing to pay to learn
Let me briefly talk about the current market for SOL.
Right now, I’m at @Sidekick_Labs, live streaming every day, playing games and chatting a bit. I hardly trade SOL anymore.
1.
You can feel that the best market times are during European and American hours, and most of it is dominated by KOLs from these regions. The logic of issuing coins by the big influencers I used to be proud of is now hard to profit from. Currently, the narratives that are taking off are mostly narrative-based coins, and there are just too many platforms now—one moment it’s pump, the next it’s bonk, then bags, then jups. With my abilities, I can’t keep up at all, but back when it was only pumps, I was quite good at scanning chains. I’ve also heard that many celebrities are gradually coming onto the chain to issue coins because there are just too many buyers. An on-chain air memecoin can exchange for all your real money, so I think the market for celebrity coins will likely get worse in the future.
2.
Basically, the Chinese community on SOL can no longer compare with other regions. At least among the foreigners I know, they are fiercely scanning chains every day, with a small group on Discord voice chatting. If they feel good after a surge, they will continue to follow up, comment, and there are a ton of unknown alpha figures. Just picking one of them to be a KOL in the Chinese community could make them very famous. They really take responsibility for their bags. I rarely see such groups in the Chinese community. At least there used to be, but now it might be because too many people are afraid of being criticized, so this is an unavoidable situation; we can only follow the foreigners.
3.
In the past two months, the well-known addresses on-chain have lost 600,000, and a few small accounts have lost around 100K combined. I’m very anxious 😐. I can accept losing money, but it’s extremely stressful when I can’t make any. What scares me more is that my ability to make money based on news is gradually fading, and I feel like a useless person.
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