Written by: BroLeon from Australia

The launch of the Binance Life contract has significantly boosted market confidence, which is quite uplifting for us so-called "gamblers" (as the old saying goes in the U.S. stock market). The meme heat on the BNB Chain is still alive, and the diamond hands with faith have been rewarded.

In the crypto world, many projects (especially memes) may not have as rigorous income models or PE analysis data as U.S. companies, but they are not as random as outsiders might think, where everything is just a gamble.

On the contrary, in my view, those who truly invest time in research, who understand the mindset of retail investors both domestically and internationally, who grasp the rivalries between CEXs, and who comprehend the origins and emotional resonance of a meme, have a much higher success rate than those who do nothing but gamble.

Investment Research -- As long as there is data proving that the investment success rate after research is high, it indicates that this research is valuable and reasonable.

I have been discussing the Binance Life asset for quite a while, have held it for a long time, and have increased my position at some key points, almost continuously reminding everyone until we reached the contract stage. Today's increase and outcome were expected, and making money was also anticipated. I believe this is something that the bald-headed old man from that day would find hard to understand. So let him be; there’s no need to try to wake someone who refuses to wake up.

The significance of the Binance Life ticker is immense, breaking many conventions and records that we once thought were unbreakable. I believe there will be further opportunities in the future.

But will it reach the top tonight or in the near future? Not necessarily.

No one's life is smooth sailing. Some in the community say that if it drops, they will blame Binance, and that Binance wouldn't dare let it drop. I cannot agree with this logic, as it borders on moral coercion. Binance is not that simple; previously, it washed from 500 million to 100 million without listing, instead washing away a batch of those with weak resolve.

However, I will not short it, as the weight and sentiment of the first Chinese ticker are significant, and trying to touch this peak carries high risks.

Short-term price fluctuations driven by sentiment are market behavior, but I resonate with the emotional connotation of this meme, so I will consider holding long-term. As long as the diamond hands' Binance Life is successful in the end, that is enough.

Speaking of holding longer, I still have some confidence in this.

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