Bonk Guy said that long-term holding of high-conviction assets is his strategy, and that he is not in a hurry to sell his main holdings at present.
Article
Bonk Guy responds to questions over “not selling”: Long-term holding of high-conviction assets is his trading strategy
BlockBeats reported,September 25, prominent trader Bonk Guy responded to external questions about his long-term refusal to sell tokens and possible connections to market makers or funds. He stated that long-term holding of high-conviction assets is his trading strategy. He does not believe that an asset must be sold simply because it has risen, and his holding period differs from that of some market participants.
During the previous cycle, the market capitalizations of some ordinary Meme coins exceeded 1000000000 USD, while the market capitalizations of stronger-performing Meme coins and protocols once reached 4000000000 to 5000000000 USD or more. He expects market conditions in this cycle may be stronger, and therefore is not currently in a hurry to sell his core holdings.
He stated that PONS is the utility token in his portfolio with the highest conviction, with a current market capitalization of approximately 400000000 USD；USELESS is his most favored Meme coin, with a current market capitalization of approximately 270000000 USD. Neither market capitalization has yet reached 1000000000 USD, and both are also significantly below the valuation levels of some major projects in the previous 1 cycle.
Original link https://m.theblockbeats.info/flash/368922
Key points
01
BlockBeats stated that September 25, Bonk Guy posted a response to questions over his long-term refusal to sell tokens and possible connections to market makers or funds.
02
Bonk Guy stated that holding high-conviction assets over the long term is his trading strategy, and that an asset’s appreciation does not mean it must be sold.
03
Bonk Guy stated that, during the previous cycle, the market capitalizations of some ordinary Meme coins exceeded 1000000000 USD, while the market capitalizations of some Meme coins and protocols once reached 4000000000 to 5000000000 USD or more.
04
Bonk Guy expects market conditions in this cycle may be stronger, and therefore is not in a hurry to sell his main holdings at present.
05
Bonk Guy said PONS is the utility token in his portfolio in which he has the highest conviction, with a current market capitalization of approximately 400000000 USD。
06
Bonk Guy said USELESS is his most favored meme coin, with a current market capitalization of approximately 270000000 USD。
07
Bonk Guy stated that PONS and USELESS have market capitalizations that have not reached 1000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a trader's explanation of the rationale behind his positions: he prefers to hold tokens in which he has high conviction for the long term, rather than selling immediately simply because their prices have risen. He also uses the market capitalizations of certain projects from the previous cycle as references to explain why he believes PONS and USELESS have still not reached their expected levels. This content primarily reflects personal strategy and market judgment.
Why it matters to readers
Bonk Guy clearly expressed a bullish view on PONS and USELESS, and also indicated that he currently has no plans to rush to sell his main holdings. For beginners, personal opinions of traders should be distinguished from verified holdings, market data, or future performance.
Do not interpret “high conviction” or “most bullish” as meaning that prices will necessarily rise. The market capitalization and historical comparisons in the text are relayed from another source and should not alone serve as a basis for buying or selling.
Risks and unknowns
The evidence does not show Bonk Guy's original post; the relevant statements are relayed by BlockBeats.
Bonk Guy's actual position sizes, cost basis, trading records, and whether he has reduced his positions cannot be confirmed from the evidence.
PONS approximately 400000000 USD、USELESS approximately 270000000 USD No independent basis for verification has been provided for market capitalization data and similar data.
Related Developments
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Whether Bonk Guy is affiliated with a market maker or fund cannot be confirmed from the evidence.
Whether this cycle will be stronger than the previous one is Bonk Guy's prediction; the outcome is unknown.
Related concepts
High-Conviction Assets
This term is not in the glossary yet. Browse related concepts in the glossary.
