My view on the price of Pi is:
The price of Pi everywhere is a privately negotiated price.
If you don't want to feel like you're losing money, just reprice it, or buy it back from GCV.
Most people can't understand that there are actually over three million privately negotiated prices for Pi. And this has always been the case on the blockchain; it's just that most people like to feel self-righteous about it.
Just like BTC actually has more privately negotiated prices, but all projects are scrambling and moving bricks, making it look like the price is the same.
If you look closely, the prices are different everywhere, yet no one cares. Some people were liquidated at 2706 due to BTC, but most people seemed smart at the time of this event, telling those who were liquidated at 2706 not to play on smaller exchanges.
Thus, at that moment, investors suddenly understood privately negotiated prices. But once the event passed, everyone forgot about privately negotiated prices again.
This is how all projects in the market harvest retail investors; it's investors voluntarily acknowledging privately negotiated prices and willingly getting liquidated.
If you don't understand, just click on ai.
#BTC
Starting from the 27th, Pi has been posting that as long as BTC is fine, Pi will be bullish. Because Pi is already favorable, as long as there is no impact from BTC, everything is good.
Even on the 29th, it was reiterated that even if there are borrowing whales, they should not be concerned, because at this time, the borrowing whales have no ability to suppress.
However, when it was time to rise, everyone hesitated again, and in the end, the profits went to others, and there was never anything for oneself.
I have already helped translate the main points in advance, and it's not my analysis, yet if I still can't make money, what should I do? Should investors reflect on themselves?
The article was written before the rise.
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