Good evening, brothers. What did I say? A few days ago, I felt that Binance Alpha is undergoing reform, not a reform of rules, but a reform of project selection. Yesterday, three Alphas went live consecutively, and today Alpha is at a high, now it can be sold for 90u. Many people say they won't hold for that long, but that's a personal strategy issue.
From several aspects, we can look at whether to hold a certain coin.
1. Is the market trend good? It mainly depends on what stage BTC is in, which directly affects market sentiment. BTC stability is a major prerequisite.
2. How strong is the project party? Is it a large financing project? Are there strong institutions investing, and is the investment amount substantial?
3. Judging the market cap at opening. Some impressive projects have a high opening and basically no room for growth (I consider $50 million to be high). Today, Rave is a great example; it opened with a market cap of $10 million and is now at $50 million. This is also a reasonable price, and such projects can be held onto.
4. The number of people in alpha jobs. The more people there are, the less cake there is. I was happy to see the number of alpha employees decrease a few days ago because there are fewer people to share. Once the big guy comes, these people will start competing again.
Persistence is important, and you should listen less to outside voices.
I'll stop writing here for today and continue grinding for points tomorrow!
