$FIL I bought 5000 yuan worth of this spot this morning. Then I went directly to financial management for three months, with a reward of three. After posting, I saw everyone discussing it quite lively. Technically, I would like to say a few simple words to everyone.

Regarding the contract, I see that this position 1.332 is very close to 1.267, which is quite near the bottom. One thing to note is the spot price; I don’t know the reason why it hit 0.32. I estimate it was on the 1011 day. I bought this coin and it is locked for three months, so in the short term, whether it rises or falls, it doesn’t affect me much.

The reason I posted this is that I happened to analyze through Doubao that Grayscale has been consistently buying. Currently, Grayscale's total holdings are 2.25 million, with the last purchase being on December 15, at a cost of 1.54 USD for 18,800 units.

When funds buy some coins, it’s not like us retail investors who make decisions based on impulse; they think carefully before buying, such as ZEC. It often gets attention only after a big rise. In the early days, Grayscale was like a god-like existence, but later on, not many people talked about Grayscale anymore. On one hand, some old coin friends have exited, and new coin friends don’t pay much attention to Grayscale. Also, our original platform for posting articles has shut down, and Binance launched Binance Square, where some information is shared. Especially for old coin friends like me, only we know about these things and share them.

As for whether it rises or falls after buying, in the short term, it doesn’t have much impact. If it doesn’t rise after three months, then I can lock it for another three months and see again during next year’s National Day. There’s no need to be in such a hurry, because the more anxious you are, the less money you can make. It’s better to try to follow Grayscale’s approach and buy some of the coins they invest in.

Newly listed coins have a higher degree of uncertainty. Although they rise quickly, they can also drop just as fast. Most of them are operated using Ant Warehouse, which overall doesn’t make much profit; only a small portion of people make money.

After playing in the crypto space for a long time, gradually, one will shift from short-term thinking to long-term thinking. To ensure certainty, one would choose to follow the steps of fund companies.