An investor's behavioral analysis

During this time, my main focus is on the Genesis Launches on the Virtual platform, so I will be paying attention to all aspects of the information, including the speeches of many participants who participated in the launch online.

Over the weekend, I saw this netizen's statement on Twitter (see the "reference link" at the back for the link), and I felt that the problems presented in it were worth thinking about and examining.

I have excerpted three expressions from this post that I think are worth noting, as follows:

1 "Does the token launched through the genesis launch have real value?"

This participant asked a lot of questions in this post, and this is one of the programmatic questions. I feel that many of these questions can actually be observed and thought about by myself, so as to find the answers.

When participating in a project, participants should of course ask questions as much as they can, and ideally the project team should be able to answer them.

But in practice, in many cases, for a variety of reasons, it is difficult for the project team to satisfy the questioner, with some teams only partially answering the question or some not answering the question at all.

Some maverick entrepreneurs sometimes ignore "seemingly simple" questions. And such entrepreneurs can sometimes work miracles. It would be a shame if investors missed the opportunity because of their "perfunctory" attitude and thought that there was something wrong with the project.

I'm not saying that the project should refuse to answer these questions, but I think investors should be prepared to find the answers themselves, rather than pinning all their hopes on the team's answers.

In addition, sometimes the project team's answers in specific situations may not really reflect the real thoughts of the project team. Some unscrupulous teams deliberately hide their true thoughts on certain occasions. Therefore, even if the team answers the question, investors should not rely solely on this answer to make a decision, but should conduct their own in-depth research and research.

Therefore, no matter how you look at it, investors should learn to find the answer by themselves in addition to paying attention to a certain reply from the project team.

Where to look?

Look for the project team's past speeches, opinions, and project white papers.

Regardless of whether the team will deliberately conceal it on a certain occasion, or whether the team will be "perfunctory" in a certain Q&A, it is difficult to falsify past experiences and historical records.

The team that fakes will definitely show the fox's tail in the past experience and records; Teams that seem "perfunctory" will also express their true thoughts in past experiences and records.

Therefore, for investors, this ability to look for answers from the past history, speeches, and statements of the project team is crucial.

If you just want to wait for the project team to give a reply and don't take the initiative to find clues yourself, you will definitely step on a big hole in the long run.

2 "In seven days, the hackathon-winning project @solacelaunch from Virtual Protocol will launch its launch. I think this is one of the most anticipated projects of all the projects that are eligible for the Genesis release. ”

In my experience, projects that have high expectations may not perform well afterwards.

This is not necessarily a problem of the project itself, but more of a "metaphysical" phenomenon.

So I tend to be a certain cautious about these kinds of projects. If I like it and am optimistic about it, then I will participate, but I will not have too high expectations for participation. If I'm not interested or optimistic, I won't participate in it, even if it's "expected".

For example, I have not participated in several popular projects that have been launched on Genesis Launches recently: either I have little interest in these tracks; Either they think that the tracks in which these projects are located are already very crowded, and these projects do not have obvious characteristics.

3 "I have put more than half of my assets into the purchase of $VIRTUAL and agent tokens."

I think this is the most important thing for this investor to pay attention to when participating in this project.

So far, in the AI + Crypto track, Virtual is my most recognized project, but even so, its risks cannot be underestimated.

Putting half of your assets into this type of risky project is a bit like gambling.

Of course, if the investor himself thinks that he knows the project very well, can fully see the development and potential of the project in the next few years, and has no doubts about it, then it is not impossible to take such a heavy position.

But it is clear that the investor does not know that much about the project, otherwise he would not have so many questions waiting for the project party to answer, and the tone of his questions clearly reveals anxiety and uneasiness. In addition, the investor probably did not do much homework on the project, because it was not difficult for him to find the answers to those questions by doing his own research.

In fact, the best way for investors in this situation is: stop and don't invest anything. Because of the fear of missing out, because of FOMO, rushing into a project that you are not sure about and not very good at controlling the risk can be a disaster.