Pump.Fun's "Fish Feast" Trilogy: Which One Is Right for You?

Original Title: "Three Fishes Eaten on PumpFun"

Original Author: Professor Suo

Preface

In the financial market, just like at the dining table, some people prefer the fish head, some favor the fish belly, and some love the fish tail. Similarly, in the crypto market, this preference is also clearly demonstrated. So, what should we eat?

This article symbolizes "fish head, fish belly, fish tail" using the different stages of @pumpdotfun, exploring various investment stages in the financial market.

"Fish Head"

Definition: In the financial market, the fish head can be seen as:

· Left-side trading in the secondary market, i.e., buying before the price increase.

· Seed round investment in the primary market.

· In @pumpdotfun, known as the "stuffing plate."

Here Comes the Fish Head

Characteristics:

· High Risk, High Reward: Investing in the 0-1 growth phase, with a very high multiple growth in between.

· Suitable Population: Only suitable for a very few who have an extremely strong risk preference. These individuals often undergo in-depth research but still face high risk.

· Profit Potential: Such as the @pumpdotfun platform, if you invest within 10,000 units, once successfully launched, you may receive a 10x return; if you reach 10 million units, you may achieve a thousandfold increase.

Considerations:

Due to limited capital capacity, the fish head stage is mainly the battlefield of the "on-chain emperor" and "pump youngling," with major players generally not participating unless it's their own project or they are involved in a conspiracy group.

"Fish Belly"

Definition:

· The fish belly is the favorite part of most people because it has the most meat.

· In @pumpdotfun, Fish Stomach refers to the stage where, after the launch on the internal exchange, there is a period of research and analysis to decide whether to invest.

Characteristics:

· Low-risk, high-reward relative to high multiples: After market validation, risk decreases, and opportunity certainty increases.

· Regular Investor: Without insider information, can only choose investments through analysis.

· Example: Investors who chased listings of projects like $ACT, $PNUT, $neiro on @binance and tasted the sweetness of gains.

Profit Strategy:

· When investing, disregard the absolute value and only discuss multiples. A Fish Head investor may earn 500 units to 50,000, while a Fish Stomach investor only needs a 50% increase to double.

「Fish Tail」

Definition: Fish Tail Market refers to investors attempting to profit from bottom-fishing at the market's end.

Characteristics:

· High-risk, low-reward: Due to market weakness, bottom-fishing carries extremely high risks, with returns often not justifying the risk.

· Investor Psychology: Some are always confident they can sell at the market top but often end up trapped.

· Project Team Harvesting: Project teams or whales often conduct final fund harvesting at this stage.

Risk Analysis:

· The return on investment for Fish Tail is extremely low unless investors believe there is still significant upside potential in the market; otherwise, participation is not recommended.

「Conclusion: Look at the Odds and Eat Fish」

· Fish Head: High-risk, high-reward, suitable for a minority of risk-tolerant individuals.

· Fish Stomach: Lower risk, relatively stable returns, suitable for the majority of investors.

· Fish Tail: High risk, low returns, not recommended for participation unless there is a special market judgment.

Personal Suggestion: I lean towards choosing the "fish body" because of its higher fault tolerance. For the average investor without insider information, the fish body offers a relatively balanced risk-reward ratio.

Original Source