Dialogue 0xwizard: This man led the community to save ACT

Source: Shen Chao Techflow

When Binance suddenly announces the online ACT, in people’s amazing sound, you may hear a person’s name repeatedly-Wizard (wizard)Essence

The wizard thanked the wizard, saying that the wizard saved the ACT, and the wizard said it was the victory of the community.

This is a Hollywood -style story of civilians fighting against evil dragons:

Developers sold all tokens and fell 50%instantly, almost destroying this project. Witcher and other communities such as the community rebuilt on top of the ruins and fell 80%three times.The project of Poor, until Binance became an angel in white, ACT was alarming.

In the wizard’s view, AI Meme and other AI Memes such as ACT and Goat represent the Renaissance of the AI. In the future, AI will no longer be a simple assistant, but a free soul with independent consciousness and controllable in a certain range.

Today, the wizard seems to be a Murad in the Chinese currency circle, but great is the great pain behind the big results.

A single -day position was 8 -digit dollars, and ORDI was set up for half a year. The wizard said that he had experienced palpitations several times, just like a sunny afternoon, walking on a lively street, his heart twitched.

How can a mysterious ordinary person rely on the wind over the wind?What are the profound philosophical thinking behind the seemingly simple meme investment?

This is the story and thinking of the wizard.

Entry: It’s a hundred times stable, cut old yellow

Deep Tyflow: Please introduce yourself, how did you enter the currency circle at the time?

0xwizardThe

I actually entered the currency circle in 2018, but I did not take the initiative at that time.In 2018, I read the white paper of Bitcoin and Ethereum, and then bought some mainstream coins such as Bitcoin and Ethereum, but it was only held.From 2018 to 2019 is a bear market. During this period, I basically did not have any operations, just holding it simply.

Around 2020, I noticed that the currency in the account began to increase significantly.At this time, I started thinking, is this a chance?

A friend introduced me to the concept of DEFI (decentralized finance).I have a brief understanding, such as the earliest compound project that does liquidity mining.At first I thought it was a bit like FCoin’s trading mining model, and it was not sustainable.At that time, in June 2020, my understanding of the transaction was relatively simple, and I had not been in -depth contact with DEFI.

It is YFI who really let me start to pay attention to DEFI. Some people say that YFI has made 10,000 times. The stimulus of this wealth effect is very strong.

So in September, I began to take the initiative to learn and understand the currency circle, especially DEFI. I learned to use the Metamask wallet and bought some before Sushi.Although Sushi fell a lot later and gave me a painful lesson, it also marked that I officially started the Defi journey, or it was an active trading journey.

Later, the outbreak was stable (algorithm stable coin). I entered the circle in September that year, and then lost 60%in October. In November, I earned 100 times stable.

From then on, I was probably the first batch of players on the chain. Whether it is second or first -class, I have done everything. I am playing cottage, playing large coins, rolling warehouses, ETHPlanting projects, ups and downs are quite interesting.

Shen Chao Techflow: You mentioned it 100 times before, which project is it?

0xwizard:

I participate in Basis and Mith Cash.I made 10 times on BASIS and invested about tens of thousands of dollars.Then I participated in Mith Cash, the project of Lao Huang.

There is an interesting story here.In the KP3R project, I met a friend named “X”. At that time, neither of us had any money to play KP3R. He was smashed by Lao Huang (Huang Licheng) and smashed from $ 200 to $ 80.The two of us were quilt together and chatted every day.

Later, we participated in Basis and Mith Cash together.Basis didn’t play, I made 10 times.At Mith Cash, we both participated together. He made about 5 million US dollars and I made $ 3 million.This is a revenge on the KP3R that year.We used the Mith Cash project to “bury” Lao Huang, which is very interesting.

Thinking behind Act: AI Renaissance

Deep Tye Techflow: The biggest hot spot recently is ACT. Many people mentioned you and said that thank the wizards for letting them persist.Is it surprising when you hear Binance online ACT?Binance chooses to online ACT instead of sector dragon one Goat. What do you think is the main reason?

0xwizard:

At that time, I was next to the computer. I saw the line first, then saw congratulations, and finally saw the official notice.

Regarding whether Binance on the ACT is surprised, I think the luck component is still very high.No one can predict that it will be able to go, but it cannot be said to be completely unexpected. Binance chooses ACT instead of Goat, which is actually very clear.

This involves the meme ecosystem on Solana. There are actually two types of Meme ecology:One is the real community currency, and the other is the coin of the high levelEssence

Many shouting coins are actually the latter, that is, a few people control a large number of chips, and then make the community and pull the coins.If this currency is on the big exchange, it will often be miserable because the controller will ship quickly.For Binance, it is not good for this kind of chip structure to launch this chip structure.

ACT and Neiro are real community currencies.When I observed ACT, I found that its transactions were very deserted, but it could stabilize the market value of $ 20 million because the community was strong.

There are about 20 cores and active contributions in the ACT community. I am the only Chinese, so I know the situation very well.

This real community coin is facing the problem that no strong village comes in.But from the perspective of Binance, this is precisely a very good target.

It really has a strong community. You see the real holder of the ACT at that time, he voted more than 20,000 votes when KUCOIN voted. Although Kucoin voted for 5 votes, the ACT holding address was 15,000.There are about 9,000 valid addresses from the invalid address.Remove the situation of one person holding multiple addresses, there are about 6,000 to 8,000 real holders, of which 4,000 people have voted, indicating that the community is very active and real.It will really vote, showing a strong cohesion.

For Binance, this target is the most ideal.Those holders with a market value of hundreds of millions may not have more ACT, and they are not as cohesive as ACT.

There are many fans such as ACT, but the market value is very low. This has left enough space for the primary and secondary markets to form a wealth effect and myth.

I remember writing tweets before, I said that if Binance wants to go to currency, I should choose this currency:

The new narrative and new track represents a lot of room for future rise;
Real strong community;
Small market value, so as to generate the wealth effect of first and secondary;
It has high timeliness, whether it is controversial or hot;

Act has all these points. When I wrote a tweet, I wrote it according to the characteristics of ACT, but to be honest, I did not expect it to be able to go up, because it was impossible to go to the exchange’s own decision, and we could not predict.But logically can find some clues, analyze the entire MEME market, you can see that Binance will not go to those high -control coins.

Like those high -control coins, the delivery is equivalent to only helping a few people cash out, and users in most secondary markets have become victims.How to choose Binance, I think this is a very typical direction of thinking.

As for Goat, I think it is indeed a good target, but Binance does not choose its possible reason because its market value is too high.In the case of this kind of chip unclear and high market value, it is risky for Binance.Binance must first consider protecting themselves, and ensure that this launch target can take care of the demands of more people as much as possible.

Another important point is what I mentioned before,High -rise space, new track, and new narrative are also important.

Many brothers came to me, “Witcher, look at our community, our community is also very persistent, and we are miserable.”But this is like you only see a factor in a successful case. The most critical factor I chose ACT is that it represents the new track and new narrative. This cannot be ignored.Without this, how can we drive the hype of the secondary market?How to ensure the rise of the rise?It’s not enough for the community to be strong.

The most important point is that I think Binance also sees that this is a trend, so it needs to choose a representative target.The latter series of considerations are after this choice, and it is used to ensure that choosing ACT is the right decision. This is my opinion.

Deep Tempan Techflow: Then how did you find ACT at first? What characteristics of its traits in the early days attracted you, even if it fell in the middle?

0xwizard:

ACT has experienced more than 80% of the decline.

I was relatively late when I came into contact with ACT. At that time, when I saw someone mentioning ACT in social media, when I checked its K -line chart, I found that the market value had risen to $ 40 million.I happened to enter the highest point at that highest point, and then the price experienced a 80% decline.In the process of falling, I continued to build a warehouse and bought $ 5 million from a market value of $ 40 million.

I have joined the ACT community since the first day.At that time, the main reason to choose to enter the venue was that the market was generally looking for the next Goat, and the ACT and Goat had many similarities:

first, Marc Andersson’s earliest funding is these two projects, ACT is the first and Goat is the second.

SecondIn the field of AI Meme, there is a small circle with Andy as the core. Researchers in this circle almost all participate in the ACT project.Although AMP is the representative of the project, he is just one standing in front of the stage.If in -depth research, you will find that the initial thinking framework was proposed by Andy, and more people were involved in follow -up.On the day of ACT, Andy also reposted multiple content related to ACT.

thereforeThe logic of choosing ACT is very clear. When entering this field, you must find unique projects and tell new stories.Other projects are talking about AI Agent, and they are imitating Goat, but ACT has gone out of its own way.

I used to compare this to a AI Renaissance on Twitter.Think of the appearance of Goat and ACT in depth, similar to the Renaissance movement in human history.The Renaissance emphasizes that human rights are higher than divine rights, and new ideas have broken through the old thinking, as well as the appearance of Goat and ACT.

In traditional concepts, AI is just our assistant, but if we look forward to the future of AI, in the future Internet world, 80% of the Aboriginal people may be AI, and people cannot even distinguish whether each other is human or AI.At that time, AI would no longer be a simple assistant, but a free soul with autonomous consciousness and controllable within a certain range.

AI Meme is a track based on this imagination and possibility of future imagination and possibilities.This is why I particularly appreciate this project. It is full of future sense, and it has practical applications and a lot of traffic on social media, which is very in line with the needs of cryptocurrencies.

The emergence of Goat reflects Andy’s concept: let AI play freely and think independently, just like the Renaissance makes people get rid of the restraint of divine rights, let AI get rid of human limits, see what it can create, and propose “blasphemy is sacred, is sacred, which is sacred, which is sacred, which is sacred, which is sacred, which is sacred, which is sacred.The concept of sacred is blasphemy, this is Goat, which will be a concept token.

To achieve such a vision, it is necessary to be based on the Renaissance: freedom, science, and democracy. ACT is a research framework based on these concepts. Many researchers promote their research on this basis. AMP is just among them.One is that in fact, it is not AMP to create an ACT project, but that the ACT project is funding the entire AI Renaissance campaign. This is why I first joined and optimistic about this project.

Involved in AMP, although he is one of the participants of the ACT project, his behavior is disappointing.When he initially received the funding of more than $ 30,000 in Marc Andersson, he was grateful, but when the cryptocurrency community gave him 1 million US dollars, he continued to degrade the community, saying that we were all gamblers, but only borrowed his reputation.

This is why I had to speak for the ACT community. Later, AMP began to smash. I was very emotional and furious on Twitter for the first time.Because I have a real emotional communication between me and community members.I can’t understand that an outsider treats our cryptocurrency community with such a high and contempt attitude.We gave him research funds. How could he treat us like this?

Back to the initial question, my conclusion is based on two points: the first is a rational analysis. I think this is a good investment target.Followed by emotional factor, I resonated with the community, and I have rejected myself in 2020.No one said for me at the time, and now I want to stand up for them.

In the name of the community, rebuild the Babel Tower

Deepflow: The abandonment of AMP is equivalent to destroying the ATC building, and you have rebuilt ACT through the power of the community on the ruins. What do you do and divide your community?

0xwizard:

ACT is not a traditional project. There is no formal organizational structure. There is no CEO, CFO or CMO to control public opinion and PR. When we see AMP shipments, everyone is based on their most authentic response.

For example, the content quality of the ACT community account is very high from the beginning.Those high -quality pictures and videos are not casual MEME pictures, but made by an overseas female artist in the community.She was purely contributed as a currency holder without any remuneration.

In terms of the management of the Telegram group, if there is no active administrator online online, the group will be full of garbage advertisements.But in the ACT community, you can’t see any advertisements, because the administrator will immediately delete it and kick the account of the advertising. These are spontaneous behaviors of community members.

In addition, there are tits (X: currency circle charity) to help introduce the resources of the centralized exchange (CEX), as well as other foreign members in the community to introduce high -quality city merchants.

In fact, we were in contact with these businessmen before Shangbinan, but because we have limited funds, we have never been in contact with such “poor” projects.Nonetheless, we still frankly stated that this is our current situation, and please consider whether to accept it.

In the end, these top marketors saw that we were indeed one of the most powerful communities and reluctantly agreed to cooperate.

Everyone is working hard for the same goal. Everyone is relieved, just like my thoughts: We are kind farmers, why should we be bitten by snakes?Why do retail investors bear the most painful consequences every time?

When the market value of the project fell from $ 40 million to $ 5 million, I started to establish confidence in the Telegram group.I tell you that I am buying tens of thousands or hundreds of thousands of dollars to keep everyone confident.

Among the three 80% plummets experienced by ACT, every time I appeared in the community and said, “I’m here, I’m with you”. As a person with a certain influence, I want to tell the retail investors in the communityI won’t leave, I will always support them.

But what I want to emphasize is that I am not the savior or the godfather. I am just a ordinary community member.If there is no other person’s efforts, can I persist alone?Can I do group management 24 hours?Can I make pictures?Can I contact these businessmen?If only I am alone, I may have given up.

This is the victory of the community, not my personal victory.The Chinese community just saw me, but many people behind them were working hard.

It is worth mentioning that Binance did not ask us for any tokens, and even when their post-listing team contacted me after listing, I told them that I was just a chives that bought coins.It was only two hours before the final currency, and they came to verify some basic information, such as the total amount and circulation of token, and the official Twitter account.At that time, they also asked thousands of testing tokens, which made me very speechless, indicating that they were not prepared even test currency.

This also proves that Binance has a very strict confidential process.

Whether in the Neiro or ACT project, when the community is confronting the conspiracy group, Binance stood on the community side, leaving enough space for the first -level market and secondary market. Isn’t this a good thing?Intersection

Just like Neiro, I bought it at the market value of $ 300 million, and now it has been tripled.You can buy millions of dollars to tokens after the larger positions after the currency. This is completely different logic.Both the first and secondary markets have enough space. What do you want?I really don’t understand why some people want to attack Binance and this project.

Deepflow: For most currency, especially the VC coin of high -control disks of some project parties, it means that it is good, and then everyone has begun shipments.So what are the imagination space in the ACT of Binance?

0xwizard:

As a community project, ACT is constantly being reshape.This is why I re -participate in the project on the chain from 2020 to 2023. This is based on the most basic theoretical assumption:Why does the MEME or chain project have a wealth effect?

Let’s first look at the tokens of the traditional VC project: a project party put forward ideas, analyze market demand, and solve industry development problems.Then began to find investors, find VC, get investment after investment, and finally go online.

The value of this project depends on several factors:

The project itself is good or not, the team is strong or not;
Whether the VC entered is top -level;
Whether to go to a large exchange;

But the problem is that when it was on a large exchange, there was not much room for the secondary market.Because all these factors have been analyzed and the pricing is already very reasonable, it may be hundreds of millions, billions, or even tens of billions of dollars valuation (FDV).In this case, can you accept it as an ordinary investor?

In addition, the project party often uses a predatory token model, which was initially released very small, and then continuously released.

You will see that although some currency categories have not changed, the price of the currency has fallen 10 times.This has led to our common “falling 90% rose 100 times” story in the cycle of cryptocurrencies. It is difficult to appear in this cycle.

Like ACT, its value is constantly being reshape.This is why I dare to buy Neiro. When it entered the Binance, its narrative, funds, user groups, and investment logic have changed.

ACT may be one of the two most important targets on the AI MEME track, but now it is not just one of the two most important targets of AI Meme, but it has become the AI Meme itselfThe representative is the index type target of this track.It represents the new track and new trend.

How do you configure if you have a million dollar -level funds in the secondary market?In Binance, if you want to lay out AI -related tracks, ACT’s benchmark is no longer Goat, but those projects that have reached 10 billion US dollars, such as projects such as WorldCoin.

This involves two core logic: first, its value is constantly reshaping; second, judgment on future market opportunities.

When I tweeted in October, I asked everyone sincerely: If I entered the bull market in the next two months (Bitcoin had not risen at the time), which track could increase 10 times?

As an retail investor, if a track can only increase two or three times, it will actually not make a few money.Because many people have to wait until confirm the bull market, and the top is not known.Those who respond quickly may make 50%, 60%, and 80%good, and it is difficult to double.Only find a track that can increase by 10 times, even if you enter the right side and play on the right side, you can have three or five times the income.

To this end, I have studied all tracks, including DEFI, BTC ecology, Ton ecology, AI tracks, and pan -MEME currency.After reading it, I have a headache, because the projects that I can buy in the AI track are already billions of dollars in market value. How can I rise 10 times?

What is the speculation of the cryptocurrency market?The entire macro logic is the AI leading the scientific and technological revolution, leading the first industrial revolution and information revolution. AI supports US stocks. Can the cryptocurrency market not speculate in AI?This is why the AI track has increased by 10 times at the beginning of the year.But after the rise, it is difficult to buy billions and tens of billions of dollars FDV projects.

So when Goat appeared, I immediately brightened.After the ACT goes online, I think if you want to invest in the AI track, especially for investors with a size of one million US dollars, you have to ask yourself two questions: First, in all the tracks, which track can increase 10 up to 10 up to 10 10Times?Which track will definitely rise?Second, can the target in this track make me 10 times?Does its market value have this possibility?

This is why I think ACT still has a lot of room for rise.Although it has experienced three 80% declines, there are many “diamonds” and “brain residual powder” in the community.I also said in the community group that I was brain -residual powder. I don’t need to ask me logic. I just believe in unconditional and support these people unconditionally.

Deep Templow: Looking back at the past, the dispute over the case of the case, Binance finally chose a more community’s lowercase Neiro.It can be said that Binance saved Neiro/Act.

There seems to be a contradiction in it. Everyone is tired of VC coins and chose to issue and transaction on the chain to be more communistically, but finally decided that this Memecoin’s life and death was actually Binance, so I also saw that the founder of Dog Leonidas was Twitter Twitter Twitter TwitterOn the day of the day,@（上 (He Yi) and CZ, I hope that Binance will go online.

Everyone hugs more decentralized assets on the chain, but the ultimate goal is to be eager to get the most powerful centralized exchange recognition, so as to complete liquidity exit. This seems a bit ironic. What do you think of this phenomenon and centralizationWill the exchange or Binance have always been the “savior” of Memecoin?

0xwizard:

I think we need to look at this problem from several angles and perspectives:

First of all, we must from a historical perspective, this is a process.At present, the funds and liquidity on the chain are not abundant, while Binance has more liquidity.

Secondly, Meme coin itself is also facing difficulties, and Binance can not rush to coins without seeing the formation of the community.I think Binance has taken a lot of steps in this regard. From their selection logic, we can see that they are adapting to this new version, and I think it is well done.

I think the value of this community is continuously reshaped, and Binance is now actively participating in it. This is a status quo of the current historical process.Binance has its limitations and its limitations on the chain, but at least everyone expresses a good attitude, mentality, and values to accept this matter.

The second point is about the future.In the future, Binance will always be a place with large capital liquidity, which is beyond doubt.But there will be more and more liquidity on the chain, which is why I am optimistic about the project on the chain.

This may be like this in the future: even if it is not on the chain, there will be hundreds of billion US dollars, or even higher market value projects.However, these projects have a problem, as a financial standard. If it wants it to meet a certain standard, there must be a dominant force behind it, and the chain is no exception.

But I actually hope that the pure community project will have a higher limit in the future.Pure community projects like Neiro and Act, the upper limit struggles at a market value of $ 20 million. I hope that the future will change.For example, this pure community project can attract some good funds to come in, and then it can reach a market value of 100 million US dollars, $ 200 million, or even 1 billion US dollars.I think this is a more bright future, and more funds may be willing to try on the chain.

However, the exchange also assumes a role that provides greater liquidity and a safe trading environment.Maybe Binance will have good design projects like Neiro and Act in the future, giving everyone a hope.I think that in the future, everyone can find their own position in this ecology and give play to their advantages in this ecosystem.

In addition, Binance also needs wealth effects, whether it is the general rising wealth effect of altcoin, or the wealth effect after the launch of Neiro and ACT, this is why I still hold these two targets.What Binance needs is the myth of wealth effect, and wealth myths will definitely appear in the secondary market.In this way, isn’t it a benign interaction?There are wealth myths in Binance, and there are also wealth myths in the chain. There are also intersections in it, that is, when Binance supports community projects, such an intersection appears.

I think this is a healthy interaction in the future.Everyone can obtain wealth effects on different platforms, and at the same time has a certain intersection, this is a positive development direction.

What happened to the Bitcoin ecology?

Deep Tempan Techflow: This year, the Bitcoin ecosystem represented by ORDI has once prosperous, which also gives the oriental encryption forces to have the right to speak. However, in your opinion, what is the main reason why the Bitcoin ecosystem has not come up now?Is there a chance to rise in the Bitcoin ecosystem in the future?

0xwizard:

I think the Bitcoin ecosystem has a chance.But I have to admit that market choices at this stage are not friendly to the Bitcoin ecosystem.

I can share some of the problems I see:

The first problem is that the Bitcoin ecosystem needs better innovation.Just like before, we saw something that had never been seen before, such as writing content on the chain, and to take the content for tokenization. This is a very interesting innovation.But then innovation seemed a little weak.If there is no innovation, the market will not accept it.

The second problem is that the current liquidity of the Bitcoin ecology is very scattered.Each protocol is actually split liquidity, a bit like Layer2 of Ethereum.The inscription is a group of people, the rune is a player, another one who plays Merlin, and the recently -fractal Bitcoin is another one.Everyone is politics, and there is little relationship between each other.

At that time, I deliberately sent a Twitter, which means that the bitcoin ecology has not yet come in, but the internal liquidity is becoming more and more split. How can I do it?

I still think that the Bitcoin ecosystem is hopeful, but in the future, it is necessary to break the situation. I think there may be new stories first.You can’t always tell the story of the inscription, or the story similar to the inscription, the irritation of this story is getting weaker and weaker.

The second point is that the Bitcoin ecosystem needs to find a method of solving liquidity splitting.Although I can’t see a specific solution now, it is as difficult to solve just as the Layer2 liquidity split problem of Ethereum.

We need a project that everyone recognizes, at least everyone in the Bitcoin ecosystem thinks that this thing is awesome.In this way, the funds in the Bitcoin ecosystem can push it to a high market value, and the exchange will also feel that it is awesome, and more people and communities will come in. This may be a direction of breaking the situation.

The third is to look at existing projects, such as runes, have you been able to go to a big place?If you can go to the big place, this is the most direct wealth effect, and it may also bring a recovery of the Bitcoin ecosystem.

But I think the first point is that the first point is to bring fundamental innovation again, and the exchange is followed.

Behind the big results is great pain

Deepflow Techflow: I also saw Kay’s Twitter content. He said that behind the results of the Wizard University, it is great pain. Can you share the painful moments you have experienced before?How did you survive it?

0xwizard:

To be honest, I have experienced too much such moment, and now I will be palpitated when I look back. It is like in a sunny afternoon in the afternoon. You walk on the lively street, the heart is constantly twitching, and even if you can’t walk normally, it is that kind ofThe feeling that cannot be existed in this world normally.

I have had such experiences many times.For example, at 519, I made Ethereum with leverage and almost burst out, but in the end, there was a Happy Ending. By the end of 21, the amount of funds not only recovered, but also hit a new high.But in 22 years, I burst into assets of almost 8 -digit dollars in just one month in just one month. This is a huge retracement, which is almost unacceptable for me.

I have always told everyone to think about whether I can accept the worst result of the transaction, but the result of that time was unacceptable.During that time, I was in a state of palpitations. I couldn’t walk normally on the road. When opening the exchange software, no matter how the price went, the whole person was numb.

And later ORDI, I have been holding from 7u to 3U.This is another kind of torture.At that time, I kept hope on ORDI, which was actually a bad habit.It may be because I am too subjective. You can hear my strong recognition and self -confidence in my logic when doing transactions, but this trait is the same source of profit and loss, so it ’s unlucky.

Ordi was set for half a year, and everyone was scolding, including Bitcoin OGs, also saying that the inscription was worthless.You will constantly question whether you are wrong.This time, ACT also fell 80%three times in just half a month.

How did you survive it?I think there are a few points:

First, I am more optimistic than most peopleI have always been more optimistic than people over 99%.This personality has indeed helped me, but even so, I still often feel so painful that I feel that I can’t continue to trade or even survive.But the sun will always appear, just like what I pushed, “No matter how deep it is, I always believe that Dawn will come.”I believe that I can stand up again every time, because there have been countless experiences in the past that I can stand up.

Second, find external helpEssenceFor example, during ORDI, I wrote a tweet after watching Obonheimer’s movie. After watching it, I was a bit relieved.

What kind of person is Obonheimer?He was handsome and rich in the second generation. When his father died, he left him a heritage equivalent to more than 100 million US dollars, and he was a smart person. He went to Harvard at the age of 16.The father of such an atomic bomb reversed the trend of World War II. What was his life like when he was young?

After watching the movie, I watched all his information.When he was young, he was close to collapse many times. When studying in the UK, he almost wanted to poison the mentor. When he saw that a good friend had a girlfriend, he felt abandoned, and even used his belt to die.He will be painful to the ground twitching, and his mouth spit.When you see young women on the train in their 20s, they want to kiss for strong women. These stems from the sexual suppression of young men, and the pain that talents have not been recognized.

You can see that even if such people have such unbearable moments, it looks like a neuropathy that should be closed.But he finally came out.I am relieved, everyone has their own time, even those who look particularly great.

Where is I stronger than Obonheimer?99.99% of this world admits that I am not as good as him.Why do I expect to get better results than he can bear less suffering?it’s out of the question.

This is the two directions: inside and outside: inside is hard to support the suffering, and the outside of search is to find some logic, facts, or the experience of others to find resonance.

The third point is to learn lessons and don’t let yourself fall into that state.There is a universal principle: before doing transactions, ask what the worst case is, and then ask if you can accept this worst result if you are currently invested.If you can accept it, take or buy; if you cannot accept it, you should be reduced or do not buy.

This is the most critical point: seek inward, outward, and avoid making the same mistakes after reflection.

The three laws of the bull market

Deepflow Techflow: You have proposed the three laws of a bull market engine:

1. Old technical, new gameplay, if not, snow is not sticky (not enough fundamentals);

2. New narrative, new hope, without this, the slope is not long enough;

3. New assets in batches;

Without this, the slope is not wide enough, and at the same time, it will be as shocking as the 17 -year/20 years.Can these three laws be explained in detail?

0xwizard:

We often say that “seeing history can see through the future.”I was very painful when I was in the bear market, and I was thinking about what kind of scene should be if the bull market comes.We can only find answers from the past bull market, but not simply copy the ICO or DEFI model, but to find the commonality between them.

The first law: the currency circle will always find new narratives and new tracks.Because when discussing something that others have never seen, its ceiling is infinite.Everyone feels reasonable to rise to $ 1 billion, $ 10 billion, or even 100 billion US dollars, because they can always find corresponding reasons to explain its value.But if you do another DEFI project now, why is it worth 1 billion US dollars?Unreasonable, because the previous DEFI may be less than 600 million US dollars.So you must have new tracks, new hope, and new narratives.

This is why when many communities are looking for me, I think they need to think about whether their upper limit is enough, and then participate in community construction.Not to say that the community can make money if it is strong enough.

The second law: long -term accumulation.Whether it is ICO or DEFI, it takes a long time to accumulate to accumulate.For example, Ethereum has experienced two or three years from publishing to ICO prosperity.Looking at DEFI again, I went to archeological discovery of the concept of Uniswap (AMM) was proposed at the end of 17 and early 18 years.Hayden made UNISWAP based on this concept. Everyone acknowledged that the prosperity of the DEFI was because Uniswap allowed people to trade various tokens, and they had a loan demand and brought more funds.From the concept to the real outbreak, it has experienced the precipitation of almost two years.

Therefore, the engine of this round of bull market cannot be a new technology that is now suddenly proposed, and it must be based on the accumulation of accumulation in the past two or three years.Just like the Meme Coin Super Cycle, it is the concept of the last period of the previous cycle, and now we have ushered in great prosperity.Ai Meme, whether it is the inscription, is essentially a branch of Memecoin’s prosperity, a new token production method.

This is the “old technology and new gameplay”, but it cannot completely copy the previous model.

The third law: a large number of new assets must be generated.The ICO period can be issued a large number of coins, and during the DEFI period, more than 20,000 inscription coins can be issued a day during the inscription period, as well as AI, a bunch of AI Agent appeared.If there is no new asset, there will be no communication effect.Assuming that during the ICO period, there was only Ethereum, and there were no projects such as small ants and NEOs, would everyone be crazy?Fortune stories are spread one by one.

This also returns to the essence of the currency circle: issuance of assets.I have been in the currency circle for so many years. From 17 and 18 years, I have read the white paper to the present. I think about it. Where is the currency circle stronger than the web2 or the real world?That is, assets, the convenience of this kind of supervisory arbitrage has never been seen elsewhere.

For a negative example, projects like Pandora cannot form a large number of similar assets.But AI Agent is different. Now there are AI Agent everywhere. The inscription is also a bunch of projects at that time. This phenomenon can form a shocking power.

The combination of these three laws is the real bull market engine.Just like when I heard that YFI had risen by 10,000 times in June 20 years, my heart was shocked, and I immediately wanted to enter the market to make money.This is the result of new narrative, long -term accumulation and a large number of new assets.

Understand narrative and community

Deepflow: Looking at your Twitter records, you will find that the two keywords of the narrative and the community are mentioned very high. What is the narrative and community of an asset you understand?

0xwizard:

Regarding the narrative, my understanding is: to see the narrative go back to the farthest point of thinking.Don’t just look at the descriptive words on the surface, just like he shows you a tiger, but you have to distinguish whether this is a real tiger or a paper tiger, it depends on its flesh and bones.When I look at the narrative, I always have to explore the nature behind.

For example, when many people talk about AI Agent, they are saying that AI can do this in the future.But I don’t think you can think of this step, you have to think about two, three, and four steps than others.Ask yourself first: What is the essence of Meme?What is the essence of assets on the chain?Then think about the essence of the AI track in the secondary market of the currency circle?Finally, you can understand the essence of AI Meme.

When I wrote the article “AI Renaissance”, some people said “big and empty”, but this is indeed the crystallization of my years of experience in the currency circle, and it is the conclusion derived from the most fundamental essence.

If your narrative is based on the sand, the tide will be washed away, but if it is based on granite, it is indestructible.

This is my first principle of narrative: always one more layer, two, and three layers than others.Just like the semantic point of Vitgustein in modern philosophy: our language has created ourselves, and your way of thinking has created yourself.If you always follow others, it is not yourself.Like geometry, we must first set up axioms, then derive theorem, and finally draw conclusions.

Regarding the community, I have two important points:

First, the best is the global community.The Chinese community is really strong, but a good target must be strong in the English community and Chinese community.The so -called English community actually contains many people in the East Eight Districts of Indians and Koreans. Everyone communicates in English.If only the English community does not work, because the best investors and the best exchanges are in the Chinese community.However, if there is only the Chinese community, according to experience, the upper limit of the market value is about 50-60 million US dollars, except for the pioneering projects such as ORDI.

Second, it depends on how many setbacks the community has experienced.Can’t just look up, a group of people shouting “buy” and “rise immediately” in Telegram. This is not called a community.

I have been saying in the Act English community on the first day, saying what Act is, do not go to FOMO because of the price.If a group of faithful people can not be settled as a long -term project, then it is over.I just believe that the price of the price is scattered as soon as it falls.

But if there is a group of “brain disability” like me, I believe that my logic, the emotions of the community, the secondary judgment and the first -level logic, then even if it falls 80% three times, I can’t wash it.

A good community must be diversified, and there must be a group of people who truly believe in something.

What is a bad community like?It is a handful of people who do not believe that they try to deceive others, and the deceived person does not believe itself. He hopes to lie to more people, and finally become faster than anyone else.

Deep Temflow: The last question, for many players who want to have a role in the chain, what suggestions do you have?

0xwizard:

There are several important principles on the chain:

Don’t play with big funds;
The definition of large funds varies from person to person;

For example, if there are $ 100,000, you can play with $ 10,000; $ 1 million, $ 10,000-2000,000; 10 million US dollars, playing with $ 1 million.In short, use the funds that you can afford to lose.This is because compared to traditional exchanges, the chain exchange risks are greater.

Determine your strategy;
I wrote three currency strategies that can be traded on Twitter, many of them are traps;

a) Hot DiskThe

For example, the recent Pinut, Luce, BAN, etc. can quickly rush to more than $ 50-60 million or even hundreds of millions of dollars.The key is to judge how many people recognize the narrative and how hot it can be.Generally, the difference can be rushed to 30 million US dollars, and the good ones can reach 80 million to 100 million US dollars.If you see within 10 million US dollars, you can get on the car.But if it has reached 30 million US dollars, don’t go to it.The hot spot will usually fall by 80%, which can enter when it falls 80%, but be careful of the trap.

Don’t be ALL in. Each hot spot is buried at 80%, and the winning rate will be relatively high.

b) Blue chip and potential targetThe

Such as ACT, POPCAT, etc., are not based on hot spots, but have experienced many setbacks and community consensus condensation.This kind of currency also often falls 80%, but strong vitality.Observe the community more, think about your own logic, and judge whether the project is feasible.

Every time it falls 80%, it is a chance to increase positions. The best time to access is when the market value of millions to tens of millions of dollars.

c) Blue chip of large market valueThe

Generally, you can only play it after listing on the big exchange.The logic has become the weight of judgment funds and track, which is another second -level game logic.For example, when Neiro dares to pick up at 300 million US dollars, I think there is still a lot of room for development, which are based on second -level logic.But be sure to play with Binance.If you do not get to dollars to $ 1 billion, don’t participate.

These principles and strategies are based on my years of experience and thinking.Everyone’s standards may be different, but what is important is to have their own logic and judgment.Don’t follow the trend blindly, think deeply about the logic behind each transaction.