Post

CP and PIGGY (PGB) are strikingly similar. OKX once had a Korean offline shared power bank DePIN project with a token called PIGGY, which is what people call the PGB power bank. Back then, this coin was wildly popular, with a market cap of just over 20 million USD when it launched. At that time, I was doing a trading strategy and a Martingale strategy for the group. Because its market cap was very low, I subjectively felt I wasn't afraid of it dropping. There were four or five hundred people in my community at the time, many following my strategy, and quite a few opened positions themselves. The strategy rules were simple: if it dropped by 5%, add again; if it dropped by 5%, add again. Its trend was almost identical to CP's trajectory. After launching, it started selling endlessly, relentlessly selling down. Market value plummeted from $20 million all the way up to $10 million. At that time, I told my brothers in the group, 'When the opportunity comes, the market value has dropped by half, so keep adding more!' Note, it's not just adding to your existing position, but opening new new orders. You don't close old ones, just hold on, and go all the long. The market gives you no chance to catch your breath, just keeps falling steadily. 20 million → 15 million → 10 million, and it keeps dropping to $5 million. That sense of despair still pierces when I think back now. One night, a nurse girl from Inner Mongolia called me and complained that all the money was her living expenses and salary, all stuck inside. I was still holding onto my hopes and said to her: I