I recently acquired a newly launched project, with a cost of 40,000, and I am currently holding it at a loss. This is a personal trading record; sharing it is not a recommendation, just to document the thought process at the time.

Contract address: 0x4441ea3dfdd1f070a6c8e803d2b4c94c01ef4444

Why did I initially like this project? There are a few main reasons.

First is time sensitivity. This is a new project launched just a few minutes ago, and at that time, on-chain capital flow was very active, with high trading enthusiasm. During such a window, participants are generally early followers who are optimistic about this type of project.

Second is the price dimension. 40,000 is not a high price, and from a technical perspective, there is relatively ample room for growth upward. Many times, new projects attract incremental funds through such low prices.

Another factor is the market structure. At that time, the first wave of internal capital had basically been exhausted, and the market was beginning to see if new major funds could be introduced. I noticed that some projects that performed well before were also gathering momentum at this stage, which usually indicates that a second wave of market movement might be brewing.

There is also a detail about the project's symbolism. 2026 is the Year of the Horse, and the project's name and meaning both point to "wealth," which can psychologically appeal to retail investors.

However, looking back now, this trade serves as a reminder — even if the fundamentals, timing, and psychology all seem favorable for the project, market uncertainty still far exceeds expectations. That’s why risk control in trading is essential.