Don't turn a blind eye to the elephant in the room

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Avatar for Pasionate
3 years ago

The Bitcoin midfielder didn't have the magnificent momentum that had just broken through the high of 20,000. Instead, it moved forward and retreated, somewhat struggling. The old leeks, who have made several times the profit, can't bear to get out of the car, and even see a big V recommend to reduce the position to 80% short position. I still think that short positions in a bull market are crazy. You can't accurately predict when the market will suddenly rise. If it is said that the bull market is not over on the general trend, then continuing to move up is a high probability event. The only uncertainty is the timing of the occurrence. The bull market is the elephant in the room, but we turned a blind eye to it. We had to ask how to do the band, and then we were afraid that one inadvertently failed to get on the train again and missed the passing train. After lightening the position, buying back fewer coins at a higher position is very, very inhumane, and most people can't do it, so it becomes a permanent get off.

A lot of new leeks came to the midfield. When I looked at Bitcoin, I said that Bitcoin is so expensive that it is 50,000 or 60,000 dollars. I do not recommend coins. I am opposed to New Leek not buying Bitcoin and buying other altcoins first. Bitcoin cannot be bought well, and altcoins are definitely not good to buy. Is Bitcoin at $50,000 expensive? It's not expensive to change to a satoshi unit. 10,000 satoshis, only 5 dollars. Bitcoin is the elephant in the room, but we turned a blind eye to it. We had to ask what altcoins were good to buy, and then Stud came in and was harvested tragically. In the past 12 years of history, Bitcoin has never failed anyone who has never failed it. As long as you can firmly hold for a period (4-5 years) and never sell, it is correct to buy at any time. The important thing is to learn how to "never sell".

NFT has recently become a popular batch, so many bigwigs with various traditional resources have begun to come in. They came up and asked, what can be NFTized? I don't think the traditional resources in their hands and NFT have any meaning in combination. Sending an NFT on the chain is too simple, so simple that elementary school students can do it. NFT is a basket, everything can be installed. It's worthless after just being installed. Then what do you ask after NFTization makes sense? I said, first, this thing must be inseparable from NFT, inseparable from the blockchain, and has no value if left; second, the value of this thing must rise over time (rather than depreciate), and time has a bearing on its value The increase is very necessary and has a strong correlation; third, the value of this thing must be able to outperform Bitcoin over time, and preferably the square of Bitcoin (such as NFT's top stream cryptopunks). The ERC-721 standard (and 1155) has been out for so many years. Why is it now only in the direction of art and collectibles? NFT artwork is the elephant in the room, but we turn a blind eye to it. We are still talking about the chain of houses, cars, and bills, and then repeat these false propositions. Because of inertia of thinking and insufficient openness, traditional thinking and self-righteous resource advantages are brought to new areas. The result can only be the wrong direction. The harder you work, the farther you go on the wrong path, the faster you fail.

So in fact, the so-called speed in the field of blockchain is fast and sleepless. In fact, most of them are tossing, and even more terrible than tossing. Tossing with bad intentions, these toxic noises occupy 90% of the market , Makes people very irritable, the more bull market, the more and louder the noise, on the contrary, it conceals the really valuable and good projects that have not yet surfaced. We always turn a blind eye to the elephant in the room, fail to see or pretend not to see the most obvious opportunity with the greatest chance of winning, and instead pursue the trap of seeming opportunity passed by the noise. In fact, the transparency of the blockchain can be very high. The more the data is on the chain, the higher the transparency. We had a chance to see the elephant in the room, and we could see it clearly. It's just that you can't wake a person who pretends to be asleep, and you can't let a person who pretends to be invisible to see.

As long as we don't deceive ourselves, we can honestly see the elephant in the room and can grasp the most certain opportunity with knowledge and action, and stick to the two-round bull-bear cycle (8-10 years), it is hard not to succeed.

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