Starting from hair picking and then to the MEME track, we have earned more than 10 million in multiple single projects.

Fengshen said that if you want to succeed, you must continue to work hard to do the right things.

The all-round player who knows best about trading in airdrops and the best about trading in airdrops @0x0xfeng Tell you how to trade while fucking?

This is a series of conversations with friends of #OKX, interviewer @mia_okx, welcome to follow~

How to earn the first 10 million?

I used to be a market operation VP in an e-commerce company. By chance in 21 years, I came into contact with the "news" business in the cryptocurrency field. Then he resolutely quit his job as an e-commerce company and focused on cryptocurrency new stocks. At that time, the popularity of Bitcoin and blockchain was gradually heating up. By reviewing past projects, I calculated the costs and benefits, and found that the profits were considerable, thinking that this was an opportunity that should not be missed.

The first 10 million was earned through Coinlist new issuance. The new studio was not big. At first, it just set up a table in the living room, invited two college students to work, and then started doing this. The initial investment includes two computers, with a total investment of about 10,000 yuan; hiring two fresh college students, a monthly salary of about 4,000 per person, etc. Through these investments, each account can be made at $500 and a single project can be invested at 10,000-20,000 U.S.

Although the winning rate of new issuance at that time was only 3%-5%, few of these IDO projects at that time lost money. MX initially made more than 25,000 yuan, earned 700,000 yuan or 800,000 yuan, and then bought People and achieved 10 million yuan. After experiencing the storm of Luna and FTX, there was a retracement of more than two years before returning to the peak of that year.

How to smoothly transform from an airdrop track to a MEME track

In fact, many people who fuck hair do not speculate on coins. The group of young players may have 100 CAs a day, and if you don’t read the news for a while, you will have 999. However, the group of young players may have dozens of words a day, and they spend most of their time working on projects, so these are two different types of people. . The reason why I can quickly switch from hair rubbing to MEME is because I have friends around me playing, and I also like to play MEME. Personally, I feel that playing MEME requires positive feedback, otherwise you will fall into anxiety and self-incitation, which will not last for too long. MEME has an impossible triangle—capacity, multiples, and certainty.

1. Capacity is what can give you a large position to get on the bus

2. Multiple means how many times or even dozens of times the profit

3. As the name suggests, certainty means that you can make money by going to the table. However, at present, this kind of MEMEE is only seen on $TRUMP. It has both capacity (the official pool of tens of millions of dollars) and multiples ( From the beginning, I can enjoy several times or even dozens of times when I get in a car in a large position), and there is certainty (MEME issued by Trump himself)

MEME Nuggets Road

I prefer to play second stage or a higher capacity currency. The P young player basically sleeps for 6-8 hours, and the rest of the time is on the chain, and basically needs to go to the jet lag. This is a very harmful body first and I can't stand it. Secondly, the 100 times of profit we see will be very early to enter the market, and it is very difficult to get in the inner market. Those SpeedTong markets usually fill up the inner market by themselves, and retail investors rarely have the chance to stuff them in, so personally, they play more in the second stage. Generally, plates like dozens of Million or hundreds of Million are easy to eat 50% or double as long as you can understand the narrative and then roughly judge the market valuation by yourself. It is difficult to double the currency on the exchange, but it is easier to double or several times in the MEME market than to exchanges.

The earliest one was $BOME and $SLERF that made me earn more, and then I also earned a lot of money like Japanese cats. $SLERF is $1.2 million per hour, and Japanese cats look like $1 million a night. Currently, these two are making a lot of money. In the second paragraph, $ChillGuy also earns a lot. At that time, $CHILLGUY bought the bottom of the big position, and after a big rebound, it sold the contract on the big exchange. The average price of $TRUMP is about $14 and I bought $600,000. Then $MELANIA bought it for about 2 million, but it made hundreds of thousands and ran away.

How to judgeMEMEName ?

Look at the popularity of the IP and the operational capabilities of the project party. For emotional plates like this, if you feel that the popularity is at its peak, you need to sell them. There is a saying that is very good, and this is the reason for selling people in the midst of the crowd. Although GOAT is 600-700m at the peak, it is actually no problem selling at that time. Although it is not sold at the highest level, as long as it is a reasonable price in your cognitive or psychological state.

After all, you should review more, train your understanding and sense of the market, and accumulate experience. For example, if you experience a coin from the beginning to the climax, and then from the climax to the zero, then you will probably have experienced this token's life. For example, $TRUMP, many people shuttle in for hundreds of thousands or one million. The same is true for $SLERF and $BOME. Their biggest feature is fairness. This is also in line with the MEME impossible triangle theory mentioned earlier, with capacity, multiples and certainty all gathered.

For $CHILLGUY, the market was hot and emotional at that time. Every time it went deeper, it would have a strong bottom-buying force. At the same time, observing the transaction volume and number of coin holding addresses of $CHILLGUY, I feel that it should be able to go to the contract of the Big Soochow, which means it still has a strong increase.expected. It is also very simple to judge the turnover rate. If the turnover rate exceeds 1%-5%, the turnover is already considered to be very sufficient. The most significant phenomenon is that the transaction volume remains high, but the market value does not change much.

The number of coin-holding addresses of $CHILLGUY is more than 100,000, while the coin-holding address of $TRUMP is more than 700,000, and most MEME coin-holding addresses are about 40,000 to 50,000. It is obvious that CHILLGUY has a large traffic, and the on-chain transaction volume has dominated the list for several days. In addition, it belongs to a very novel concept in the TIKTOK track, so I will choose to get on the car . My biggest feeling is that MEME is very different from traditional VC coins. Because MEME coins are novel, especially the leader of a track, we cannot accurately value them. Unlike traditional Layer2's public chain, which can be achieved through TVL and users The approximate valuation is determined by quantity and ecology. Including $ORDI, it was difficult to value a new thing in the track. It is difficult to judge how much it is.

How to control take-profit and stop loss and position management?

1. Don’t be too optimistic and avoid self-brainwashing

Traders are often prone to over-optimism about the projects they choose and ignore the potential risks. We must learn to analyze projects from a calm and objective standpoint, and avoid self-brainwashing and self-entertainment. For example, when a project falls after a wave of popularity, it is necessary to rationally judge whether it can rise again, rather than blindly believe that it will repeat the previous trend.

2. Stop the loss in time and don’t hold on. Many people will fight for losses because they are unwilling to accept it. They always want to make a profit, but this often makes them miss the stop loss. The best time will lead to further expansion of losses. You must learn to judge whether the project still has potential. If you feel that the project cannot rise, you must stop the loss decisively and avoid getting deeper and deeper. Just as Feng Wuxiang said, in the long run, only good cards are worth investing in, and bad cards should be given up in time.

3. Allocate positions reasonably to avoid excessive concentration

Don’t concentrate all funds on a few projects. Allocate positions reasonably to reduce risks. Decentralized transactions can be used to increase the fault tolerance rate, and even if some projects lose money, it will not cause a devastating blow to the overall assets. For example, I once mentioned that even if 5 out of 10 projects are cut in half, the overall asset security can still be guaranteed through reasonable position management.

4. Use profit to invest and keep the principal safe

Learn to use profit to trade in rolling transactions instead of constantly adding principal. This can increase investment returns while ensuring the safety of the principal. When profits are made, part of the profit can be used for re-trading, but ensure that the principal is not lost. In this way, assets can be increased steadily in the long run.

5. Pay attention to project narrative and market sentiment

ProjectPhase narratives and market sentiment are crucial to trading decisions. You must learn to judge whether the narrative of the project is attractive and whether the market sentiment is high. When market sentiment reaches its climax, it is often a good time to stop profit; when market sentiment is depressed, it may be an opportunity to make a layout. For example, when the whole world is calling for a certain project, it is likely that it should be sold.

6. Select projects with high certainty

During the transaction process, try to choose projects with high certainty. For projects with clear application scenarios, strong team background and good market prospects, more attention and transactions can be given. At the same time, we should avoid investing in projects with high uncertainty and reduce transaction risks.

How to play MEME while playing with hair and playing with Nuggets?

Because hair caress is a very positive thing, for example, when playing MEME, you often get used to using JUP because you know that JUP will have airdrops in the future.

I actually don't need to use BOT, I only play two segments. In most cases, for example, after we buy BOT, it will rise to a certain level and stabilize. When I want to sell it, I It is also sold with JUP, which not only reduces the transaction volume of JUP and also reduces the cost of BOT by 1%. Then I got 50,000 yuan in airdrops and gave this Trading BOT less, which was about 50,000 yuan. Together, 100,000 yuan in total, and the wear and tear of playing MEME came back. In fact, if you calculate this way, it will be a lot of money.

The same is true for Metaora. Many people have judged that Metaora was a relatively large one before. Many times I sell coins. I will get used to increasing the one-sided pool in Metaora, and then charge this handling fee and then withdraw. . Just because I know that Metaora's airdrop will be very valuable. For example, if I have 50,000 coins now, add it to the pool, and sell it at a price of 70,000 or 80,000 dollars, and the handling fee will be charged. 5K knife-1W knife, and the handling fee will be fed back to me in the future. In short, it is to play MEME while doing some very good things, such as deliberately using more project tools with airdrops.

@mia_okx written at the end:

Fengshen is a very straightforward and sincere person. Many times during the chat, I try to ask him to summarize some methodologies with such a high winning rate to everyone, but I didn't say it What a noble summary, I just said lightly, and you will feel like you have played too much.

He said that the successful industry people he knew who worked from the bottom all worked 16 hours a day, 6 days a week, devoted themselves to one or two years or even longer before they could succeed. Do the right thing, calculate the expected reward, and then only sit and persistence are left, which once again makes the words "focus" and "diligence" more vivid in Mia's mind.

This time, Fengshen also shared the method of continuous profitability without reservation. Multidimensional strategy is the key,We use the dual tracks of Mao Mao and MEME, make good use of the advantages of each platform and focus on long-term returns. And risk control is equally important, stop losses in a timely manner, allocate funds reasonably, and avoid chasing highs and killing lows. In terms of mentality, he recommends keeping objective and calm, not pursuing perfection, and accepting market laws. Long-term development requires continuous learning, patience and stability. I hope everyone can gain something.

Last thank you very much for your sharing @0x0xfeng. Everyone is welcome to continue to pay attention to the dialogue series of "OKX Friends".

Disclaimer:

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