Author: 2898 Source: X, @punk2898
This round of small The most certain opportunity for bulls is the golden shovel. Whether it is BNB, Bake, Auction, or Turt, the gains are very impressive.
So which golden shovel should we choose?
The same strategy has different effects on different people, so I need to make a distinction. If there is something that needs to be made clear in the article, I It will be marked:
First, make a division of the people in the currency circle:
Within 100,000 U.S. dollars: Fund accumulation stage
100,000 to 1 million U.S. dollars: Get the first pot of gold in the currency circle
1m~10m: the stage of stable wealth growth
$10m~$100m: balanced investment to prevent pitfalls
This involves expected mismatch, if your assets are only $100,000 How can you achieve financial freedom if you only want to pursue a return of 40% per year?
On the other hand, if you have 10 million in assets and you still want a 200% return every year, you will most likely fall back to the previous level.
Guess first, which project has experienced a return rate of at least 24% after experiencing the recent sharp correction?
Without further ado, let’s get started.
PS: The full text is nearly 3,600 words. It is recommended that you save it first and then read it slowly
This article Outline:
You need to know these 5 golden shovels
Why is everyone chasing the golden shovel?
Why should I choose BNB Golden Shovel?
BNB How to eat more than one fish?
Be careful, this trap will make you lose everything
1. You need to know these 5 golden shovels
1. BNB: Creating a new golden shovel
In 2017, many exchanges launched holding platforms The function of coins to mine new coins, but 7 years later, only BNB is still insisting on creating new coins and the platform coins are rising steadily.
BNB can compete internationally. FTX is dead
OKB, which can compete in the Chinese area, has never had a golden shovel mechanism due to mechanism design (this also resulted in OKB’s empowerment being very weak. Everyone The trading desire is not strong)
Simply put:
You can get BNB by holding BNB Own current income + excess new currency income
2. Bake: Oversubscribed golden shovel
BakerySwap itself is a swap platform on the Binance chain. Taking advantage of the Bitcoin ecosystem, it launched the cross-chain and issuance of BRC assets.
It launched the first Bitcoin GameFi project 1CAT, which was oversubscribed by 150 times, making Bake instantly popular.
Follow-up Bake continues to launch new projects, but the momentum is getting weaker and weaker, and it has now fallen by 70% from its highest point.
3. Auction: Fujian gang money shovel?
Bounce Finance (AUCTION) was originally a decentralized auction platform on Ethereum, providing services such as token issuance and NFT auctions.
AUCTION successively issued the Bitcoin cross-chain bridge MultiBit asset MUBI, Bitcoin's cross-chain stablecoin protocol Bitstable project token BSSB, and DID within the Bitcoin ecosystem. Service platform GoDID sub-platform Bdid token BDID.
Of course BDID failed, and since then there has been no high wealth creation effect.
4. Turtsat: This round of new shovels
TurtSat (TURT) is developed by the community The leading Ordinals donation platform, its mission is to become the Gitcoin of the Ordinals world, and supports the token issuance of multiple Bitcoin ecological projects in the form of Lanchpad.
Compared to Bounce and BakerySwap, TurtSat has the most online IDO projects, with an average of one new project launched every day. Most of the participation methods are pledging EGGS to obtain whitelisting new.
The quality of recently launched projects is not very good.
5. ETH: Re-pledge deposit shovel
You read that right, ETH is essentially the same Golden Shovel originally had ETH staking income, but re-pledging is now too popular. You can get excess income by re-staking through ETH.
But this is suitable for big players, which is what I mentioned above
Players above 1m .
2. Why is everyone chasing the golden shovel?
In my previous tweet, I wrote about the difference between the bull market in 2021 and the bull market in 2017.
1. In 2017, everyone raised ETH, so the minimum ETH dropped below 100u
2. Even in a bear market, the amount of funds in the currency circle is 3 to 4 times that of 2017
So there is a large amount of existing funds in the market (not Incremental funds, that is, new funds caused by the Fed’s release of water)
These funds always need to go somewhere, and when there is investment demand, these funds can be pried Dynamic liquidity
So it leads to the following:
1. Bitcoin ecological narrative leads to Existing funds are becoming active
2. Although it is a Maverick, there are still too few good projects, and a platform is needed to screen them out
3. Binance Launchpad is naturally suitable for this need
Note that if it reaches the FOMO bull market, this inference will not hold, and there will be better funds. place to go.
3. Why did I choose BNB Golden Shovel?
Although there are many golden shovels on the market, I still chose BNB for the following reasons.
1. Fund security and high rate of return
No matter which level your assets belong to We need asset ballast, and BNB is my asset ballast.
This asset not only needs to be safe, but also needs to have a generous rate of return.
The above-mentioned assets I took stock of, such as bake and auction, although there was a very large increase in the narrative of the Bitcoin ecology, they also fell back after the adoption of the ETF. .
BNB has not come down much since it rose to 300+. It is still 307. If Launchpad continues to be launched, it will rise steadily.
In addition to the increase in BNB itself, the income from new assets is also very considerable. Recently, I participated in the new assets of 6 new assets, with a return rate of 4% on each asset. about.
In other words, in addition to BNB, I got:
24% extra Income, which other shovels cannot achieve
2. Binance is constantly launching Launchpad
It should be noted that all Launchpad projects mentioned here include all Launchpool new currency mining projects, which are collectively called launchpad because they are all on the Launchpad platform.
Binance can clearly feel his strategy when launching Launchpad. Often the first Launchpad is not over yet, and then the next Launchpad is officially announced. It is to stabilize the BNB price.
The banker’s intention is so obvious, and it’s still Binance. Am I still worried?
As long as Binance continues to launch Launchpad, the price of BNB will rise steadily, and I will get three benefits.
In addition, this market is not short of funds and good projects, and Binance can obtain the most and best targets.
Although my own strategy is to sell as soon as I get the profits, it is still possible to control the assets recently launched. Against the background of the overall correction, there are very Considerable increase.
3. The competitive pressure faced by Binance
If you study carefully you will find , BNB Launchpad actually gives users the opportunity to have sex for free, so why is this?
This requires bringing out OKX, the protagonist of the recent OKB plunge.
In the Bitcoin bull market, the platform that has benefited the most is OKX. Facing the pressure from OKX, Binance is definitely working overtime to build its own [Web3 wallet]< /p>
But before the wallet comes out, Launchpad’s wealth creation effect needs to be used to retain users, which means that it has been giving users free benefits.
4. How to eat more fish with BNB?
Actually, I mentioned the BNB method of eating more with one fish.
First of all, we need to make it clear that the bear market is over and it is just the beginning of the bull market. What targets do we need to invest in the bull market?
Infrastructure, popular applications, super narrative. BNB is infrastructure + popular applications + super narrative (exchange), so holding one BNB target accounts for three.
Holding BNB can obtain three benefits:
1. The increase of BNB itself , the growth rate in the bull market must be very impressive (this is especially suitable for big funds)
2. Launchpad’s new income is currently 24% for me, this is so good
3. BNB income pool, deposit into the income pool function to obtain income pool income, and automatically participate in Launchpad
So everyone only needs to deposit into the BNB income pool.
5. Be careful of this trap and you will lose all your money
If you study BNB Launchpad very smartly you will find that there is absolutely no A risky mining method, because three assets can be used to participate in each mining period: BNB, TUSD, and FDUSD.
Among them, BNB receives 80% of the quota, and the other two stablecoins receive 20% of the quota.
Then we only need to replace USDT with TUSD & FDUSD, wouldn’t it be great to participate in the new version?
You can enjoy a 4% return per period without having to bear the loss of token drawdown.
There are two pitfalls here:
1. Stable currency fluctuations
If you carefully study the K-line trend of TUSD & FDUSD, you will find that each time near the end of new coin mining, these two coins will fall, and they will not fall in the short term. Will return. Unless there is a new launchpad launched.
This is why many people are using other tokens to exchange these two stable coins to participate in new currency mining. When the new currency mining ends, they will exchange them back. This The losses therein are basically offset by the returns from new currency mining.
So this path does not work, and the risk is not small: the loss of stable coins.
2. Stablecoins will not return
The biggest risk is that the stablecoin becomes unanchored. Normally, a stablecoin will not Unmoored, but TUSD did it.
After Binance suspended support for TUSD in the latest two periods of new coin mining, TUSD fell accordingly, falling to 0.955 at most. It has not returned until now, and is still 0.98.
Those who replaced TUSD at that time had been losing money.
So holding BNB is the best way to mine new coins.
6. Summary
When the bull market is approaching, we need to choose good targets Only by doing this can we help our assets reach a higher level, and BNB is a very important target among my ballast assets.
Choosing the right golden shovel can help your assets grow quickly in a bull market.
Currently, there are a variety of gold shovels on the market to choose from, but not all gold shovels are suitable for everyone.
I analyzed 5 common golden shovels, including BNB, Bake, Auction, Turt and ETH. I have found that BNB is one of the safest and highest returning golden shovels.