
杀破狼 WolfyXBT|Apr 14, 2025 16:20
The process of holding intellectual disability currency RFC from purchase to present
1. Buy the concept of intellectual disability Meme - Retard
Many people don't know that I bought a similar concept Meme called Retard before the RFC officially released it. This coin was shared with me by @ Cryptobtcmiko on March 2nd (thanks to Miko, without his sharing, I wouldn't have studied some narratives about the word "Retard" and might not have received big results in the later RFC). At that time, this Retard was in the internal market with a market value of around 20k. I saw that the market value was not high, so I casually bought a 1 SOL bottom position with a small wallet.
2. Study the narrative of the word 'Retard'
Later on, I took some time to study what narrative this Retard was promoting and discovered that the coin was cheating on the @ IfindRetards account. This account has been searching for some particularly "Retard" people or things since this year, and has posted their photos to mock them.
This account particularly likes to identify "intellectually disabled" individuals belonging to the "American White Left", which happens to be on the same front as Musk @ elonmusk belonging to the "American Right Wing".
Musk also noticed this account very quickly. Since March, Musk and Musk his mother @ mayemusk have frequently interacted with the account @ IfindRetards, making fun of the weak minds of the American white left. Click the link below to find all their past interaction records:
Elon Musk's Interaction: https://((x.com))/search? q=from%3Aelonmusk%20%40IfindRetards&src=recent_search_click
Elon Musk's mother's interaction: https://((x.com))/search? q=from%3Amayemusk%20%40IfindRetards&src=typed_query&f=top
With Musk's support, the account's traffic has skyrocketed. When I first saw this account, it already had 200000 followers, and its tweets and comments can easily exceed 100000 exposures. It is precisely because of the existence of this account that the popularity of the word "Retard" in the English section has also started to soar.
3. Compare with Routine and Ghibli
At that time, Solana had just produced two big golden dogs, Routine and Ghibli, so I simply compared their attributes from six dimensions 👇
After comparing at that time, I felt that the Retard coin was simply too perfect, it was like a congenital Memecoin holy body. I immediately fomo it in place and added positions to Retard five times, with a maximum float profit of 1300%. I did not sell this coin because it only had a market value of 300k. At that time, I thought that Routine and Ghibli could both reach 17-38m, and even if the performance of this Retard did not improve, it could still reach 5-10m.
Until March 25th, when I woke up in the morning, the sky collapsed and my Retard was reset to zero. I immediately went to X to search for information and wanted to figure out who was selling such a promising Meme.
4. Officially send coins in person and quickly switch positions to RFC
I don't know if I don't search, but I was shocked when I searched. It turned out that the official Twitter account @ IfindRetards personally posted a Memecoin and put the Pumpfun contract address on the top. I stayed put again because I had already been extremely optimistic about the narrative of the word "Retard". Now, an official Twitter account that can frequently interact with Musk has openly issued coins, which adds a huge buff to this narrative.
I will decisively clear all Retard and quickly switch to RFC.
5. The process of building RFC repositories
At that time, I was a bit confused because I had just woken up, and I was too excited to copy the contract address. I directly found an RFC on the popular list to buy it, but ended up buying a fake Pixiu with a loss of 2000u. Anyone who copied my address at that time should know that I apologize here. I didn't mean to do it intentionally.
Buying a Pixiu was too uncomfortable. I slapped myself twice, calmed down and got up to use my computer to operate it. Because I slept a little late, the market value had already reached a high point of 4m. I didn't care because I was extremely optimistic about this narrative and built my first batch of positions around 4m.
Later on, my emotions began to decline and the market value dropped to around 2 meters. My position was close to halving, and I continued to replenish my position at a low level to lower the average price. The final average price fell to around 3 meters, and my total purchase had reached 28 yuan. At this point, I couldn't replenish my position anymore because adding it up would be a bit heavy for me. I don't want to place such a heavy position on a Meme.
At that time, the expected valuation of RFC was at least higher than Ghibli's market value peak, around 40-50 meters, so I felt that my average position of 3 meters also had an expected profit of at least close to 10x.
6. The most feared thing to happen
I have imagined several possibilities that RFC may not rise in the end, but this time I was lucky that none of these things happened in the end:
Musk no longer wants to interact with this account after discovering that it has issued coins.
The project team has a lot of rat traps and is short termist, and the continuous selling makes the market value unable to rise.
The project party abandons the token and directly deletes and promotes Rug.
7. The emotional journey during the pulling process
Everyone already knows the trend of RFC, which is a violent buying spree. Here, we will focus on the issue that everyone is concerned about, which is why I am able to get to where I am now.
I think the first few rounds of buying were relatively easy for me to grasp. The first rounds were basically doubled, with the first round from 5m to 10m, the second round from 10m to 20m, and the third round from 20m to 40m. I had almost no intention of selling these rounds because I had already made it very clear that the target market value was around 40-50 meters.
The fourth time I pulled the market to around 50-60m, which was the most struggling point for me throughout the process. Firstly, there were several major positive factors at this position: Binance Alpha was launched and mistakenly entered CCTV. Normally, all the positive factors were negative, and I should have been about to sell at this position. However, in the end, I struggled for a while and chose to continue holding onto it.
8. Core reason for grasping: Attention economy
Some of my close friends in the group know that the "attention economy" is currently my central thinking when playing Meme. Before buying any Meme, I only ask myself two questions:
Does this Meme have the opportunity to attract widespread attention in the future?
Is it short-term attention, medium-term attention, or long-term attention?
It is obvious that RFC can give these two questions a perfect answer, which can attract widespread and long-term attention.
It's probably certain that Musk will interact with this account frequently in the future, not only Musk, but also his mother Musk, and the top leaders in the US political circles. So I don't need to worry about the "attention" that I care about most. It should be the most attractive currency in the near future.
Other common dimensions such as narrative, coin holding distribution, technical analysis, banker operations, whale operations, etc., I actually hardly care about them, or rather, I only refer to them and do not use them as the main judgment criteria. When I play Meme, there is only one core judgment criterion, which is the three words "attention"!
9. The core reason for grasping is that attention has not reached its peak
Furthermore, although RFC has been pushed to a position of 50-60m, there are not many people discussing this coin on my homepage, at least not more than Ghibli at that time, When Ghibli was at the 38m position, my homepage was almost full screen of Ghibli.
So for now, I'm brainwashing myself, The fact that RFC can reach the position of 50-60m is the result of Zhuang Jiaqiang's strong control over the market, not the result of natural market fluctuations. This position is most likely not the "attention peak" of RFC.
10. The core reason for holding onto it is three: the market is recovering
Furthermore, the market has started to rebound during this period, SOL has increased from 100u to 130u, which has given me confidence to continue holding onto it to a certain extent.
Although my final result was good, I feel that I did have a lot of gambling involved. I was a bit foolish, but I got it right in the end. I don't recommend everyone to do this. I think the best strategy for this coin is to gradually reduce positions and take profits around 50-60m.
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