Today's focus won't be elaborated on, just wait for the TGE at 16:00: BTW, two days ago during the TGE: when IR was obtained, it was around 45U. I don't know where everyone sold, but IR also surged to about 55U yesterday due to the contract. As a result, after the contract was completed, it plummeted to below 40U. I sold at around 49U the day before the contract, which satisfied me; I didn't experience the roller coaster. Thinking about it, that's a good thing. If I had seen it rise, I might have been greedy and continued to hold, but it then fell back to below 40U, which was even more painful. Therefore, I have always insisted that the pattern is misleading to those who are trying to profit from it due to survivor bias.#Alpha

Because too many people participated in the last TGE, the final value received was too low. Before it was even on sale, it was predicted to be only 20U+. Everyone in the group was complaining. Fortunately, the project team is strong enough and still gave everyone a return of 40+, which is a bit more stable than the airdrop. Two hours in advance, as long as you got on the bus, you could share in it.

I also did some research on the project team today.

Project name: Bitway (BTW)

Project description: Bitcoin-compatible Layer 1 blockchain, associated with blockchain under BTC business, seems to have some strength.

Total financing amount: $1.5M (150W)

Established: 2023, at least not a new speculative project. This project ranks in the top 32% compared to other projects, relatively ahead.

I checked the project team's regulations on the Binance Pre-TGE activity reward tokens, which indicates that tomorrow I may only receive the keys and cannot directly sell the tokens; I have to wait for the unlocking. This is key and may be tested.

Recently, airdrops + TGE have consumed a lot of points. The main points are still between 210-225. Tomorrow, the expected score threshold is 225. If it reaches 226, it will block a lot of people. Tomorrow's TGE may yield far more than IR because the cake is fixed, but fewer people are sharing it, so what you get will be larger.

I still recommend borrowing BNB tomorrow, preferably borrowing from within the wallet, using a small leverage of 30-50% is best. After finishing the new borrow, pay it back promptly. Actually, the funding cost is not high, and there's no need to consider the impact of fluctuations.

If you borrow, just put it in, after all, you've already borrowed. Not participating will also incur fees. If you, like me, hold spot assets, you can wait for the last 30 minutes after it ends and then see the oversubscription rate to decide whether to participate.

Overall, there have been no losses in so many TGE phases; it just depends on how much cake you can actually get. Tomorrow's TGE has already indicated a lock-up period, which means it’s not immediate profit. In the future, the project's development may also need to be considered. Compared to taking 15 points to grab an airdrop, it may be simpler to participate as needed.

Additionally, I wrote a complete tutorial on borrowing BNB just a few days ago on my homepage. You can check it out, and if you find it helpful, you can save it. There will be many more TGE activities, and it will be useful every time.

It's not easy to type manually. Friends, please use your little hands to give me some attention and join my exchange group to learn about airdrop information together!