These past two months hanging out in the KOL circles, zhaozhao I’ve noticed that many old-school farming players are still stuck in their path-dependent mindset: ‘HYPE opened up the ceiling for Perps, so let’s quickly jump on the next project, start burning money like crazy, and farm points!’ A lot of their capital and income mainly come from project collaborations + ad fees. In those earlier waves of projects that were a big loss for regular players, they did make decent money through collaborations, so now they’re trying to replicate their old strategies. ———————————— But for regular players (retail investors without a voice), the reality is: Burning money like crazy to farm points ≠ making money. You’re just contributing headcount fees and collaboration income to others. They’re making bank, then posting a tweet saying they also took a loss, and you still follow them? | Like a fish with a three-second memory, no wonder you keep getting wrecked. zhaozhao The point I’ve been pushing lately is: Instead of burning money everywhere, it’s better to wait patiently for spot opportunities. Dragon One will always be Dragon One. And then there’s the classic: ‘Super strong all the way, but the one everyone had high hopes for fizzled out in seconds!’ ———————————— The current opportunities in prediction market projects, and my view on the Perps sector are the same: It’s getting harder and harder to farm points in many projects now! Burning $5,000-$30,000 to farm points, in the end, it’s probably not as good as just waiting for spot opportunities! Put your real money into spot, choose projects with strong backing, and wait for the opportunity points in the complete path of ‘Alpha release + major exchange spot listing + major exchange contracts + Korean exchange expectations.’ This is still the most reliable and stress-free choice right now. ———————————— Every time I envy other KOLs, who can live off project collaborations, while I, can only hide in the corner trying to make money standing upright.