Why do we always miss opportunities like DeFi?
An old leek who entered the market for 13 years told his experience, including this round of DeFi, he has gone through three rounds of bull markets, and he is still stuck in the pile of leeks. I entered the market 18 years later, and I have witnessed trading mining, IEO and other small opportunities, but I have never caught them. In this round of DeFi, I also missed most of the opportunities due to various operations.
Why do we always miss opportunities like DeFi?
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Abandoned by UNI
UniSwap’s 400UNI century airdrop, as long as you have used UniSwap, you can get 400UNI even if the transaction fails. The price of UNI in the secondary market is up to 8.6 US dollars, equivalent to about 23,000 RMB. According to the communities I saw, at least half of the people missed this airdrop. My own group is all old leeks, and there are even fewer people who can receive UNI airdrops.
Those who have never used UniSwap are the abandoned people of DeFi, completely decoupled from DeFi, and 400UNI is a reward for all the citizens of the DeFi world. Missing the UNI airdrop is not just missing the tens of thousands of yuan, but missing all the dividends of this round of DeFi.
After communicating with many old people, I found a general sense of powerlessness. The long-term bear market environment made people lose their desire to explore new things. In May, someone mentioned DeFi to me and asked me to understand it. I was very repulsive at the time. , There is no such enthusiasm as when entering the currency circle at all. Especially the conversion of bull-bear thinking. When DeFi first emerged, it was almost unanimously sung, until it rose to the point where everyone began to believe.
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The overturned "old bosses"
Not only retail investors have missed out on the DeFi dividends, but so have the so-called bosses.
Shuai Chu, the founder of Quantum Chain, said in April: "In a direction like DeFi, I personally think it is difficult to make a big breakthrough." Shuai Chu believes that the application of DeFi is essentially a self-circulating closed financial system. It is difficult to expand the ecology of games and DeFi, and the benefits are very limited, let alone push the wheels of the industry forward.
As soon as this remark came out, DeFi flew straight into the sky, becoming the main logic line of this round of bull market. After DeFi became so popular that retail investors started to get on board, Shuaichu’s Quantum Chain launched the DeFi plan, and the popularity was frenzied.
The other is Bao Erye, Bao Erye: "DeFi is impossible to become popular. The scale of the entire DeFi will not be too large, and it is meaningless to pay attention to DeFi." Until August, he was still talking about DeFi. Appeared in milk DeFi, and also opened a DeFi payment community. Unfortunately, after September, DeFi began to make a comprehensive correction and fell into a cold, which can be called the poison king of reverse indicators.
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Abandon the strong and pick the weak
Abandoning the strong and picking the weak is almost a fatal mistake that everyone must make in the big market. After a certain currency has risen several times, it is eager to sell and buy the currency that has not risen. The idea is very simple, and there is not much room for it to rise several times. Now, it is better to swap a few coins that have not yet risen, and the profit margin is greater.
After experiencing this round of DeFi market, this set of operating logic has been completely overturned. Take me personally as an example. After seeing the trend of LINK oracle, I bought a similar project BAND at around $1, and it rose to $3 after a few weeks. All the positions were cleared to buy coins that hadn’t risen yet, and then the oracle sector caught fire, and BAND rose to $17.8 in a few months. And the currency I exchanged has only increased by less than 1 times.
The other is STAKE. The explosion of DeFi has made the problem of Ethereum congestion frequently discussed. Layer 2 has become a good direction, and STAKE was still the side chain with the smallest market value at that time. Because I have already made several times the profit on STAKE, The rally was too strong and the position was liquidated, making the biggest mistake of the year. STAKE has risen from my holding price of $0.6 to $41.4.
This kind of wealth is close at hand but missed blow is very painful. The operation method of "abandoning the strong and picking the weak" will always be emptied in my mind. Using an analogy, it is easy to understand why "abandoning the strong and picking the weak" is wrong of:
All currencies are like a group of children. After suffering from the flu, children with good physical fitness recover faster and run faster. If even the best kid can't run, the rest of the kids can't even run.
epilogue
epilogue
Today’s mistakes will continue to be made tomorrow. This is a puzzle. After the market calms down and the mind is calm, it is necessary to review in time and examine every mistake made from a third-party perspective. It can be a reproduction of the real situation, or it can be a A kind of storm on paper.
By re-examining and thinking about the behavior and thinking in the event by re-examining and thinking about the behavior and thinking in the event by recreating the whole process of the event in the mind and on paper after the event, so as to find the problem, find the root cause, and finally realize the improvement of investment ability.
Risk warning: This article is for reference only and should not be used as the basis for any investment decision. The currency market is risky, so you need to be cautious when participating.
