People often ask, why is the number of FIL miners continuously decreasing? The answer is quite straightforward—early miners signed five-year long-term contracts.

In October 2020, the FIL mainnet went live, and it has been over five years now. The contracts of those early miners are gradually expiring. Some choose to exit, while others continue to hold. This logic can be verified simply by checking the timeline.

But besides waiting for the price to rise, what else can this coin do now? Investment products. You can lock up your holdings for up to three months to earn yields. In contrast, tokens like UNI and SUSHI don’t have this option, probably due to differences in listing periods.

The current market situation is indeed a bit awkward—no significant rise or fall. During such times, trading contracts is most likely to result in repeated losses. But I actually see this as an opportunity. Take some idle funds, find those coins that have already bottomed out and can still generate interest, and gradually build positions in batches. Instead of worrying about short-term fluctuations, treat it as a financial product.

Projects like FIL have a characteristic: tokens are unlocked linearly. As the circulating supply increases, the price becomes easier to suppress in later stages. But now that over half of the unlocks are completed, the most intense selling pressure period has actually passed.

Looking at institutional players. Grayscale and other major investors have bought FIL 86 times this year, with an average cost of about $10. Some say retail investors can’t compete with institutions, but that logic isn’t necessarily correct. Institutions face annual assessments and target pressures, so dollar-cost averaging is actually their safest approach. Ordinary people can also learn this simple method—build positions gradually, buy more when prices fall, and hold or participate in earning yields once bought. It doesn’t require much cleverness, just do it this way.

Don’t always think about getting rich quickly in the short term. When the market is dull, accumulating coins, earning interest, and waiting—this is the most practical way for ordinary people to turn things around. When the market heats up next year, holding coins in hand will give you peace of mind. If you agree with the logic that “slow is fast,” start now. Don’t wait until prices rise and then regret it.