Author: @minolaugodel
Pump is the world’s highest-gaining lottery platform, as well as a potential e-sports and entertainment platform.
This is my summary of Pump.
Taking my own case with Morty as an example, I bought 0.1%, with a heavy position of 75,000u, when the share was high, it was worth 45,000u.
So theoretically, I am a high-position 0.1545wu!
Not really, because I was the first to buy, the actual cost is very small, which is about 1u for handling fees plus gas, so the real position is about 4.5.
Is it all because I bought quickly? No, this project has also been launched for a month, and no one has bought it all the time.
In fact, if you understand it as a lottery platform, you can understand it.
In the previous crypto world, speculating on coins was similar to speculating on stocks, while Pump has become a lottery, it is possible to be honest with more than 10 times the gains.
Because one gas fee is not enough, but on sol, buying projects on pump may require 100m.
Pump releases tens of thousands of coins every day, there will always be more than 10mm, and there will be several m, what is this if not a mechanism?
Why do most people lose money on Pump? This is because they have not understood the mechanism of Pump.
The mechanism of Pump determines that the market value of the above projects has a lower limit. Currently, it is roughly around 6-7000u. As long as you buy cheaply, your total investment is controllable. For example, if you buy at 9000u, theoretically you can still sell more than 70% of the funds.
Then in the case of investing 0.1%, your real cost is 0.035, and if you buy at 7000u, you can reduce the cost to 1 like me.
Of course, as long as you win the lottery, there is no difference between 7000u and 9000u.
So how can you increase the winning rate?
This requires mentioning a concept, which is the source of information flow of funds.
In the meme market, because the market value is extremely low, a little bit of information flow may bring very high efficiency.
The day chiliguy moonshot, chiliguy chose 10 times, I bought all of the dev’s projects at that time, only 180 of them. So I bought them.
I believe that more than just me will go to dev, other newly issued coins, there will also be people who see interesting projects among them, and then start to promote them.
I don’t know who he is, which project he will promote, so I bought them all.
Even the military discipline list was bought, he really released a project, the picture is just a pile of shit.
Then, the group started the daily lottery life.
The global lottery market, I estimate is more than 100 billion US dollars, I have not researched the specific amount, it is not important.
The important thing is that if everyone can realize that there can be thousands or tens of thousands of times the possibility on pump, then everyone will rush in.
Maybe it will eventually be a platform success, but it does not affect the establishment of a new track.
Only meme can change people’s destiny, can you use 10wu of btc to change your ordinary life?
Meme resources may become entertainment platforms, e-commerce platforms, better than previous live broadcasts, because there is no rest or pause. But this is just a beginning, the future may be very popular, but these things have not happened, we will not make predictions for the time being, just keep this possibility.
The winning rate of Chinese lotteries is about 50%, I estimate that foreign countries will not exceed 80%, because the operating cost of lottery companies is also very high, only pumpfun can achieve nearly 100%, as long as you buy cheaply, calculated in sol, it can probably reach 95%, if it also issues platform coins, has airdrops, and the return rate exceeds 100% is also possible.
It is not impossible for financial markets to have products with a return rate of more than 100%, but time is possible, which is also the source of income.
In the future, I will write an article to introduce the three core concepts of finance, namely winning rate, odds, and cost difference.
Roughly corresponding to the average value, extreme value, and variance in mathematics.
Generally speaking, the smaller the cost difference, the easier it is to pump, so the time with the largest trading volume is often the low point of market reversal, at this time we should pay attention to the cost difference, during CD, everyone’s cost and difference are relatively small, it is easy to widen the gap, and in the bull market, different rounds can differ by tens or hundreds of times, when taking over.
The PUMP model is excellent in terms of winning rate and popularity, showing serious pvp, but as long as you insist on only buying low-cost projects, you won’t lose much money, the return can be maintained above 90%, if you happen to buy the right one, you will earn a lot. This is the limit multiple.
There is no way to deal with the cost difference, because with such a small market value, buying a little bit will raise the price, which is destined to have inconsistent costs.
This translation aims for accuracy and clarity. Some terms like “pump” and “meme” are kept as they are commonly used in the crypto community.
