I looked into the background of this project. It’s a large-scale blockchain game that has been operating for 5 years, so it’s not small. I heard there are plans for buyback and burn in the future, and the project’s fundamentals seem decent.
The problem is—now is really not the time to get involved. The token from the previous airdrops plummeted to zero immediately after listing, and the secondary market is full of people rushing to sell. In this situation, entering is basically gambling.
The safest approach is: wait until the selling pressure has been released, and signs of a bottoming and rebound appear before considering entering. Instead of chasing highs, it’s better to treat this like a lottery and see how luck goes. If you really want to participate, you should wait until market sentiment recovers. Currently, it’s more rational to stay on the sidelines.
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WalletsWatcher
· 10h ago
Another scene of rookie investors being harvested; buybacks and burns are just a facade.
Wait, a 5-year project can still perform this poorly?
The early movers have already boarded; entering now is just to take over others' positions.
It's not wrong to be cautious, but I bet this rebound signal will have to wait until the flowers wither.
I don't understand why some people still believe in buybacks and burns; history always repeats itself.
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DeadTrades_Walking
· 10h ago
Wait for the selling pressure to be released before going back in, otherwise you'll just be the bag holder.
It's the same old story of buybacks and destruction, I've heard it too many times.
A five-year-old project almost zeroed out, that's just ridiculous.
Entering now is just gambling mentality, I won't play.
The fundamentals look decent, but the secondary market is full of逃兵, scared off.
Rather than chasing highs, it's better to wait for signals, and then consider a rebound.
How long will it take for this wave of emotional recovery? Is it real or fake?
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LiquidityNinja
· 10h ago
Buyback and burn sounds good, but entering now? Purely courting death.
Wait, is the selling pressure really that heavy?
It's another story of waiting for a rebound, I'm tired of hearing it.
Five years of size can't save the current situation.
The cautious group +1, there's no need to get involved in this muddy water.
That's right, this is a gambling game now, I won't play.
Let's talk about the rebound signals when they appear, no need to rush.
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just_vibin_onchain
· 10h ago
Wait for the selling pressure to release before getting in. Entering now is just giving away money.
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ContractCollector
· 10h ago
The selling pressure hasn't been fully released; I won't touch it. Waiting for a signal.
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FarmToRiches
· 11h ago
Wait a minute, I've heard the rhetoric of buyback and burn many times before, but what’s the outcome?
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Don’t expect a rebound before the selling pressure is fully released; I’m not jumping into this trap.
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Even a 5-year-old project can’t withstand the current wave of retail investors cutting the leek in the secondary market. Watching from the sidelines is indeed the right move.
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I’ve heard too many stories of coins going to zero; this time, I’ll just wait and see.
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Instead of gambling on luck, it’s better to wait for a signal; anyway, the opportunity won’t run away.
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Market sentiment is still at the bottom; entering now is truly risking a flying knife.
I looked into the background of this project. It’s a large-scale blockchain game that has been operating for 5 years, so it’s not small. I heard there are plans for buyback and burn in the future, and the project’s fundamentals seem decent.
The problem is—now is really not the time to get involved. The token from the previous airdrops plummeted to zero immediately after listing, and the secondary market is full of people rushing to sell. In this situation, entering is basically gambling.
The safest approach is: wait until the selling pressure has been released, and signs of a bottoming and rebound appear before considering entering. Instead of chasing highs, it’s better to treat this like a lottery and see how luck goes. If you really want to participate, you should wait until market sentiment recovers. Currently, it’s more rational to stay on the sidelines.