For several days in a row, I have posted articles to share my views on the future trend of the market, and many readers have expressed their opinions on this. One of the readers spent a lot of time expressing his opinion on the 5 points I listed under the article the day before yesterday. Although my point of view is different from mine, I was very moved to see such careful analysis and communication.
The field we are now involved in is different from all other fields of science and technology. In the process of development and advancement, other fields will basically receive support and encouragement from the government and regulations, and this field is in the process of moving forward. It has always been ridiculed by the outside world, and periodically supervised and even suppressed by various parties.
But even under such suppression, it is still growing tenaciously. Its spiritual power comes from the ideal country vision injected into it by the cypherpunk ancestors, and its real power comes from grassroots, common people, and dicks. From the anonymous Satoshi Nakamoto, to the unknown junior V God who dropped out of school, to everyone today. All those involved in this movement are fellow travelers on this revolutionary road and are contributing their part to the development of this miracle.
Bitcoin rose from nothing to a maximum of over $60,000 and swept the mainstream media. This miracle has the contribution of each of us.
Now that the market is in a downturn, although everyone has different opinions, they are all for the sake of being able to meet future challenges in this field with a better attitude and realize their own sublimation. Therefore, I believe that although everyone's views are different, the goals and beliefs are the same. As long as we uphold this belief in our hearts and keep our eyes on this goal, we will eventually gain something and see new miracles.
We often see at the end of the article that some readers leave a message asking about deposits and withdrawals. This issue is very difficult in our country now and even in the future. I wrote an article on this, but I didn't publish it on the official account. Because of sensitivity, I chose other media (such as Himalayas).
However, all friends who are going to invest in this field must prepare for the worst in their hearts: that is, it is possible that even if we realize cash at the peak, if the amount of funds is large, I am afraid that we can only hold a large number of stablecoins and it is difficult to cash out Or it is very troublesome to realize it. This situation may last for 5 or even 10 years.
Therefore, we have to seriously ask ourselves: Can we afford this time cost? If not, adjust your strategy.
But I believe that in 5 or 10 years, when the development of blockchain technology really begins to intersect with our real life, we will see the day when the policy changes.
Yesterday, a reader asked that Ethereum can start to start investing below $1,500, so what about Bitcoin? In this regard, I think that friends who are more aggressive or have a stronger risk tolerance can start to make regular investments now, but I still hope to wait until $20,000 or even lower. I believe that if the second half is really a bear market, $20,000 in Bitcoin can be waited for. Of course, if you can't wait, you will miss it if you miss it, and you will have no regrets.
How did the fixed investment price of $1,500 for Ethereum and $20,000 for Bitcoin come about? This is what I have inherited from the experience of setting the price of fixed investment last time.
At the end of 2017, Bitcoin reached a peak of $19,000; in early 2018, Ethereum reached a peak of $1,400.
Due to the large market value of Bitcoin, the decline may not be as large as that of Ethereum, so I set a relatively loose fixed investment price for Bitcoin in the last round, which is about 50% of the peak value, that is, $10,000 to start the fixed investment. But at $10,000, I was just doing a small test. I really waited until Bitcoin reached $8,000 before I started to invest heavily.
As for Ethereum, I set a relatively tight price point, which is 30% of the peak value, that is, $400 to start investing heavily.
This time, before the market plummeted on 519, Bitcoin reached a maximum of 60,000 US dollars, and Ethereum reached a maximum of 4,200 US dollars.
For Ethereum, I carried forward my experience from last time (30% peak value), and then slightly relaxed it, so it was $1,500. But for Bitcoin, I want to use a tighter price than last time, that is, the 30% peak as the fixed investment price, so it is 20,000 US dollars.
Why am I looser on Ethereum and tighter on Bitcoin this time? Because I think the potential of Ethereum in the future will be much higher than that of Bitcoin, so my focus will be on Ethereum, hoping to get more chips from Ethereum. As for Bitcoin, if there is a good opportunity, take it, and if there is no good opportunity, forget it.
But it should be noted that this fixed investment price is only applicable to this year, and it is only a temporary admission price. In the end, how to decide on the investment price in a bear market, I will still wait until the market reaches the end of this year or the beginning of next year before making a decision.
