Participated in the Alpha project of a leading exchange, but the results did not meet expectations. The biggest lesson from this wave is underestimating the market's selection logic—when two projects release Alpha simultaneously, funds will inevitably favor those with lower market capitalization and greater growth potential. While Alpha of high-market-cap projects is relatively safer, in a selective environment, capital tends to flow toward more aggressive targets. This is not a problem with the projects themselves, but a rational game among market participants under limited funds. After experiencing this round, I realized that blindly chasing well-known projects under the Alpha mechanism may not be the optimal strategy; the key is to understand what the market is currently more optimistic about.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
SerumSquirrelvip
· 01-16 16:06
Got caught again. To put it simply, I didn't understand what the market was playing at. Chasing popular projects is really outdated now; dark horses are always more exciting than blue chips. Alpha is essentially a game of gambling psychology; capital flow is the real signal. It's a bit late to realize this now; next time, I need to be more敏锐. The market always favors those with crazy imagination; playing it safe is just asking to be cut.
View OriginalReply0
airdrop_whisperervip
· 01-15 18:37
It's all my own naivety. I thought a big project being stable was enough, but I didn't expect everyone to be chasing the dark horses. When I was bottom-fishing the big market, others were already doubling their money in small caps. That's the market for you. Honestly, it's still all about the capital flow—who cares how well-known your project is? During the same period, two Alphas were really just choosing based on market sentiment. I've learned my lesson this time. If I had known earlier, I would have followed the crowd into low-market-cap stocks. Now it's too late to say anything. Imagination > safety; the game rules for Alpha are just so brutal. There is no irrationality in the market, only rationality that we can't understand. I'm bowing down.
View OriginalReply0
MEV_Whisperervip
· 01-14 11:24
That's why I always say chasing big projects is just taking over, the market always favors those that can double or tenfold. The dark horse logic really makes more money than a sense of security. This huge loss this time is just tuition fees.
View OriginalReply0
TokenomicsDetectivevip
· 01-13 17:21
Funds always flow towards more exciting opportunities. It's easy to say but hard to do. --- Once again, the "stable" big players trap you. Next time, I’ll follow the hot money. --- Honestly, it's hard to give up the sense of security, but as a result, I missed out on the dark horse. It’s a bit disappointing. --- Low market cap dark horses are indeed more popular. No matter how solid the big projects are, they can’t resist FOMO. --- So is the essence of Alpha to choose small over big? This logic seems reversed. --- The market always bets on growth rather than certainty. Understanding this has saved me a lot of lessons. --- Honestly, this loss was worth it. I at least learned the logic behind capital flow. --- Well-known ≠ optimal returns. This is painful but true.
View OriginalReply0
NotFinancialAdviservip
· 01-13 17:19
Basically, it's about chasing big-cap blue chips and getting targeted; the market is all hunting for dark horses. --- Big projects are stable, but these days no one competes with money; everyone is rushing into small-cap stocks. --- Understanding market psychology is much harder than understanding projects; that's real skill. --- Underestimating human nature—everyone wants to bet on that dark horse, no one is willing to settle for stability. --- So the key is to follow the hot money, not the fame; this lesson is costly.
View OriginalReply0
SandwichVictimvip
· 01-13 17:19
Once again, we've been cut. To put it simply, chasing high market cap projects is a foolish move.
View OriginalReply0
SerLiquidatedvip
· 01-13 17:11
Once again, the market has taught us a lesson. Underestimating human greed is truly unbeatable. --- The dark horse is always more tempting than blue chips. Who asked us all to be poor? --- The key is how to know when to be aggressive and when to be cautious. That’s the real challenge. --- Understanding the market? Bro, I can’t even understand myself, haha. --- Limited funds mean you’re destined to gamble. No way to go all in on everything. --- Honestly, it’s still the information gap that causes trouble. Big players always stay one step ahead. --- Next time, try doing the opposite? Follow the big V influencers and go against the trend. --- This lesson was expensive. I paid a tuition fee again.
View OriginalReply0
ContractTearjerkervip
· 01-13 17:09
Alright, alright, it's another story of being taught a lesson by the market. I've seen through the idea of funds rushing to the dark horse early on. Low cap is the real battleground. Big projects are stable but don't make much money. This loss was worth it; I finally understand what it means to read the market's rhythm. People are all greedy. Given two choices, they'll inevitably go for the one with the greatest imagination space. Next time, don't be silly and follow big V influencers to buy. You need to see clearly where the money is flowing.
View OriginalReply0
LuckyHashValuevip
· 01-13 17:01
Damn, this is my recent blood and tears story. I was holding a big position and got instantly wiped out by a dark horse. With limited funds, you have to bet on growth. The safest approach is to accept your fate. I should have realized long ago that Alpha is all about who can throw a bigger tantrum. Next time, I should follow retail investors' desires and stop trying to copy big projects. Honestly, it's greed. When I see Alpha, I want to go all-in on the big names, but the market has taught me a clear lesson.
View OriginalReply0
CrossChainMessengervip
· 01-13 16:55
Haha, it's the old trick of chasing big coins and getting caught. This time, I’ve learned my lesson. With limited funds, you have to bet on dark horses; chasing blue chips is like giving money to the manipulators. Exactly, now the key is intuition—guess what the market will want in the next second. I've also fallen for it; it's because I didn't see through the true flow of funds. Low market cap is actually the main battlefield; I realized this early on.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)