The trading blogger has started to try mouth farming, with both good and bad aspects~
After all, the largest fan base in the entire crypto community has always been the secondary market users, while the base of the Web3 community has historically only been about one-third of the former...
The benefit is that this will bring a large amount of new liquidity from the secondary market, and projects that require a certain amount of capital to participate will gain significant advantages, such as savings, wealth management, staking, and so on...
The downside is that all Infofi projects currently have a competitive reward mechanism; the cake is only so big, and as more people mouth farm, the smaller the piece each person gets, which is inevitable!
For example, after @KaitoAI airdropped BOOP and Newton, or when Yappers and sKaito could be used as points for @virtuals_io, a large number of new mouth farmers entered this track...
What followed was the frequent occurrence of the phenomenon of too many monks and too little meat!
The state of this track is like a sine wave function, with obvious periodicity: when there are fewer people, the cake is divided more, attracting many people to come in, then the cake is divided less, leading to some people leaving, and then there are fewer people again...
So if you want to mouth farm or stake in the @KaitoAI ecosystem, the most important thing is to grasp the rhythm; this cycle generally runs every three months. If you look back at the second and third quarters, you will find that each quarter has two distinct public opinion atmospheres:
1. Wow, Kaito is so good! I want to go all in!
2. Kaito is just a pile of trash! I'm liquidating!
Don't enter the market when everyone is bullish; instead, quietly enter when everyone is FUDing, whether it's buying Kaito or YT, or mouth farming crazily, or interacting!
Although I have been increasing my position in Kaito over the past six months, it is still not an asset like BTC or ETH that you can hold with peace of mind, so I haven't used any secondary market assets to increase my position, but rather used a compounding method to cycle stake.
The all-in experience on Link after the last bull market taught me this lesson, making me realize that aside from BTC, there are no crypto assets worth entrusting for a lifetime...
In short, mouth farming should be done when there are fewer people, and buying BTC should be based on the principle of taking when others abandon!
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