The pre-issue opportunities in the crypto market are like the early morning subway; getting on requires skill, but it can take you to your destination faster.
Today is Monday, and the crypto community has welcomed a noteworthy pre-issue opportunity—the pre-TGE event of Bitway (BTW). Supported by an incubator under Binance and aimed at building on-chain banking infrastructure, Bitway's pre-issue activity has attracted widespread attention in the market.
As a participant who has experienced multiple market cycles, I will share my interpretation of this opportunity and personal strategies. Please note that the following content represents my personal views and does not constitute any investment advice.
Core information about the event: Key points you need to know
Bitway will launch the Pre-TGE subscription event today (December 22) from 16:00 to 18:00 (UTC+8) on Binance Wallet.
Participation rules are clear: 15 Alpha points need to be consumed, and the subscription limit per user is 3 BNB. According to the official announcement, the BTW tokens allocated in this pre-issue have a lock-up period, during which the tokens cannot be traded, transferred, or used, and the specific unlocking time may not be announced in advance.
Unlike ordinary TGEs, pre-TGEs are more like pre-sale activities—tokens cannot be traded immediately after the event ends and must wait for the official listing. From past experience, this waiting period may last for weeks or even longer, so be mentally prepared.
Market environment and timing judgment
The current Perp DEX sector is experiencing intense competition, with major platforms competing in terms of trading volume, open contracts, and other indicators. Bitway's choice to launch pre-TGE at this time is noteworthy.
Not only Bitway, but several important events are also taking place today: Aster is launching the fifth phase of its airdrop (allocating 1.2% of the total supply), and Espresso is also opening airdrop registration, covering millions of addresses. This concentration of activities may indicate an increase in market activity.
The macro level is also worth noting: Approximately $23 billion in Bitcoin options will expire on December 26, which could exacerbate already high market volatility. In this environment, the performance of pre-issue projects is often more uncertain.
Personal participation strategies and plans
Based on my past experience participating in pre-TGEs, there are a few strategies worth considering:
Capital allocation should be sufficient: I personally plan to invest a full 3 BNB to participate in the subscription. Because the 15 points deducted are a fixed value for all types of participants, for smaller participants, the deduction of points has a more significant impact on overall returns. Instead of diversifying investments, it's better to concentrate funds to obtain the largest share.
Points optimization strategy: In addition to pre-TGE, Bitway also has a Booster event launching simultaneously, with a model similar to previous activities where U is used to share the prize pool. I plan to transfer funds to the Booster event after the pre-TGE is completed to maximize capital efficiency.
Expectations management is important: For the listing time, patience is essential. Some projects may have a gap of several months from pre-sale to trading open, and this 'holding coins' behavior indeed tests investors' patience, but it may also accumulate energy for performance after listing.
Risk warning and personal opinion
Pre-issue activities have always been a blend of opportunities and risks. There are a few points that need special attention:
Liquidity risk is the most direct challenge: The uncertainty of token lock-up times means that funds may be tied up for weeks or even months, during which time other market opportunities may be missed. The official also clearly states that the rhythm of unlocking has uncertainties regarding liquidity.
Market risks cannot be ignored: The entire sector is facing a transformation challenge from 'incentive-driven' to 'value-driven'. Even projects with excellent technology face the test of user retention rates after token issuance.
Information asymmetry risk: Project parties disclose limited information, putting investors at an information disadvantage. Key details such as how points are linked to future tokens are often inadequately disclosed by the official.
In my view, in the current market environment, participating in pre-TGE requires strict control over position and expectation management. I see this participation as a small-scale attempt, with the main goal of maintaining a sense of the market pulse rather than expecting huge returns.
Today's investors are increasingly focused on the actual value of projects rather than mere speculation; transparency has become a basic requirement. I hope Bitway can withstand this test.
If you decide to participate in today's Bitway pre-TGE event, please ensure you use idle funds and be mentally prepared for possible long-term lock-up. The market is never short of opportunities; what it lacks is the ability and patience to survive continuously.
I hope everyone can participate rationally and make decisions based on their own situation. Don't forget, in the crypto world, living long is more important than making quick profits.
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