Let's talk about $FIL and the opportunities for ordinary people right now.
Recently, many people have asked why the number of FIL miners is decreasing. The reason is simple: many miners signed 5-year contracts.
FIL went live on its mainnet in October 2020, and now it has been over 5 years. The first batch of miners' contracts are gradually expiring, and some people choose not to renew. A quick check on the timeline makes this clear.
So what can this coin do now? Besides waiting for it to rise, you can also participate in financial management, with the longest lock-up period being three months.
I have tried it; coins like UNI and SUSHI don't have this option, possibly related to their shorter listing times.
Currently, the market is stagnant, and playing contracts can easily lead to repeated losses.
I think this is actually an opportunity: take some funds, pick coins that have dropped significantly and can earn interest, and slowly buy spot; consider it as financial management.
For projects like FIL, the tokens are unlocked linearly; the longer it goes on, the larger the circulation, and the easier it is for the price to be suppressed.
However, the unlocking has now passed the halfway mark, and the most intense selling pressure period is actually over.
Looking at institutions like Grayscale, they have bought FIL 86 times this year, with an average cost of about 10 dollars.
Some say retail investors can't compete with institutions, but that's not true.
Institutions have annual goals and assessment pressures, and regular investments are the most stable strategy.
We ordinary people can learn this simple method: buy in batches, add more when it drops, and just hold or manage funds to earn interest; it’s quite good.
Don't always fantasize about getting rich quickly. During bad markets, accumulating coins, earning interest, and waiting is the safest way for ordinary people to turn things around.
When the market heats up next year, having coins in hand will keep you calm.
If you agree with the logic that "slow is fast," take action now; don't wait until it rises and then regret.
