Meme Cooling: Think about the way to play memes

Source: Waiting for the Wind to Chat

After several days of 50% of the memes dancing wildly, it has come to a cooling moment.

Is the bull market over?

Is there a problem with the track of the coins in hand?

Is there a problem with the target selected in the track?

The wizard asked the above questions on Twitter. I personally think there is nothing wrong with it. The current hot story is meme. Keep playing meme.

1. There are too many memes, how to play

A meme chart I saw, the leader of the meme subdivision track. There are so many leaders, and new memes are released every day.

The funds are limited, and the targets are constantly emerging. Think about a posture that makes you comfortable.

2. Preliminary arrangement of two personal postures

The memes on BN have high certainty and low odds; the memes on the chain have low certainty and high odds. Ten times and a hundred times basically come from the chain.

For me personally, I dare to bet on the memes on BN, but I dare not bet on the memes on the chain. I don’t need to keep an eye on the information on the memes on BN every day. If the layout is good, I can get the average increase of the meme track, which can be used as my basic plate of the meme track. I will try the memes on the chain. The reason is: new things all come from the chain, playing and getting familiar with the chain will pave the way for catching opportunities in the future.

1. Play memes on BN

There are many memes on BN, such as doge shib pepe wif floki bonk bome neiro act pnut, etc. Looking back, the newly launched BN has a very high popularity and capital pursuit in the short term, and has also seen a good increase. At the same time, there are few newly launched targets, making it easier to choose.

Old memes without stories will be eliminated

New memes, there are many, I don’t know how to choose

New memes, there are few, the market is hot, and the short-term wealth effect is significant

The initial rules for playing new memes on BN are:

1) Storytelling: new concept, first, sufficient narrative, and big expectations

2) Low market value: good odds, compared with the market value of related memes, the expected increase

3) Story position: frequent derivative stories, more and more memes in everyone’s hands, don’t participate

4) When a new meme is launched, other memes may have to be abandoned. For example, after ACT PNUT was launched, Neiro’s performance was much weaker

Meme personally understands the financialization of emotions, so good memes need to be shouted by someone, and emotional power can be better transformed into financial power. I will focus on what energetic people shout as the weight of a choice.

At this stage, I mainly polish the participation logic of memes on BN, practice to verify the logic and correct the logic. When this is done, I will work on memes on the chain.

2. Play memes on the chain

How to play memes on the chain, I will talk about it later after I have ideas and practice.

3. There are entry and exit postures

1. The track is nearing the end

1) Emotionally: everyone touched has gotten on board, so leave

2) Capital: funds begin to spill over to other tracks, so leave

3) Story: new stories emerge in other tracks, so leave

4) Time: the track has basically come to an end after 3 months of climax, so leave

2. The target itself

1) Market value reaches the valuation ceiling: the second dragon is 50% of the leader, and the third dragon is 50% of the second dragon, so leave

2) Fundamental changes: competitors emerge, or targets with better stories, or major problems arise in the project itself, so leave

3) Returns meet psychological expectations and profits are gradually stopped

Preliminary ideas, which will be gradually improved later.

2024/11/15 Market Fund Focus

1. BN gain list: mostly small currencies; the loss list is basically meme

2. Altrank ranking rise: mainly meme, such as ACT degen, etc.

3. Coingeck trading volume: basically meme

4. Turnover list: mainly meme

5. BN sector: solana and meme

Summary: The location of funds has basically not changed, mainly meme. However, the decline list is also full of memes. The memes have risen too sharply in the past two days. Many large-cap memes on BN have risen by 50% in one day. There is a bit of fomo in sentiment, which will not cool down the market correction.