Dear viewers, when you see this title, as an intern of Encryption Vision, I have already liquidated my position and will not be able to move.
As a running game, Stepn has strong social attributes and is easy to fission. In just a few days, it has become popular in the currency circle, and hundreds of millions of funds have been continuously integrated into the market. There are many reasons to be optimistic. In the initial stage, it is a high-quality project led by SEQUOIA and FOLIUS. The most important thing is that STEPN is a Move-to-Earn game. Each has its own unique pattern.
token economy
token economy
Stepn has 2 tokens, the game token GST and the governance token GMT
The protagonist this time is GMT, the total amount is 6 billion, and the current circulation is 600 million (wrong view that the total amount is large and the valuation is high)
30% will be allocated to users through move&earn and governance participation.
30% A large portion of the ecosystem fund will be used to host giveaways and community events
secondary title
The bitter history of liquidation
When Binance reported that ieo was launching a new project, the idea at the time was that the previous high-quality project voxel had doubled my funds. Last year, I was able to accurately touch the top of the voxel trend and escape from the top. With a leek mentality, I began to carefully prepare to participate in the new round of Binance’s new Stepn. After reading the gameplay, as well as information about financing institutions and projects, I gave my first thought. This is the launch of Qubu and the possible opening. The idea of wave and then run away, the fact proved that I was wrong, in the fear, anxiety, and sleepless nights, I just exploded the only 13 BTC, I think I can finally sleep a good dream tonight!
Because I didn’t participate in Binance’s IEO, I started buying tens of thousands of them in the range of 0.12 when it went online. Unfortunately, I thought I had the idea of running away, so I returned the chips in my hand to the market around 0.15, and watched the currency price later. Soaring all the way, I was unwilling to reconcile, and I started to plan to sanction GMT, waiting for the opportunity to give me a reward from the Mavericks market.
Finally on the night of 3.13, I saw that GMT has risen all the way to 0.3, which is 30 times the price of IEO, and the trend has been slowly upward. Holding the experience of escape from the top in voxel last time, I seem to have seen the top, and in various groups During the chat, I saw that like-minded coin lovers began to gradually empty GMT, and the voices became more and more intensive, which gave me a feeling of enlightenment. Since I spent January and February, which were bad, I thought I could do it again and started to join In the team that shorted GMT, I tried 10X leverage and fell asleep beautifully. At that time, I had a dream that GMT was smashed to 0.11. Under the humidity, I reluctantly got up and looked at the screen of my phone,thinking about that idiot in the middle of the night @me. When I looked at the screen, I was shocked. The first liquidation in 2022 came so early. I immediately went to the group chat to check the situation. I didn't expect GMT to rise again. I opened a smaller position, at 5 o'clock in the morning, saw that GMT didn't seem to show signs of rising, then opened a position that was slightly larger than 3 times, and fell asleep again
After a few times, I was right as you thought. On 3.17, I was about to be liquidated again. The gmt was pulled from 0.53 to 0.79. In the next three days, gmt was attracted by zbc jasmy and other altcoins, and the price once returned to around 0.5. I thought to myself, hahaha, I guessed it right this time, and then I added another 10% The position, the multiple is increased, waiting for the accelerated decline
The fact is often just like this, how can human calculations be better than the sky? During the time when everyone was shouting to empty GMT, it actually went against the trend and pulled it to 1. I was so stupid that I frantically increased positions and increased margins. Shocked by this hunk whose IEO has been 100 times, I think it's not the top this time? Crazy shouting orders in the circle of friends, group chats fomo, at this time I found that the people around me were also very uncomfortable watching GMT, crazy short, my air force idea was strengthened a lot, in the following days, everyone knows, gmt1u gmt1 .5u gmt2u, when the high point appears again and again, I still increase the position without hesitation, the mobile phone message alerts again and again, and watch the profit of other people's long orders again and again. Today I finally broke my position. As an old leek, I was Their greed and fear are confused by superficial phenomena and illusions, leading to low-level and wrong operations, making them lose the opportunity to make profits in the early days of GMT and lose money, but instead make greed empty and fear a reality.
At present, I don’t know where the top of GMT is, and my friends around me have also changed from the air force to Gmt’s value investment. In my opinion, the complicated K-lines are not just cold and boring K-lines. Behind their daily trends , At the same time, it is also full of the joys, sorrows, joys, joys and sorrows of countless people at that time.
Every transaction of buying and selling is a choice made by them after constant hesitation, and it also means that life's fortune and fate are impermanent for many friends. In the transaction details, the sum of money may not be much, it may be the wages of their hard work for several months, it may be the tuition fees of their children for the next semester, it may be the down payment that the young couple managed to get together, or It is the pension money for the elderly in the second half of their lives, and it may be their future and wealth dreams!
Although the wish is beautiful, it is not easy to realize. I think everyone can only continue to learn and grow. Don’t rely on your own low-end cognition to shield you. Overcome the shortcomings of missing because of prejudice, prejudice because of ignorance, and ignorance because of laziness. Until one day, Wealth will come flooding in like mountains and tsunamis, and the god of destiny will also smile at you!
