A proposal published on Monday by Vitalik Buterin, Ethereum co-founder, noted that the Beacon Chain might be undergoing its first hard fork judgment. Presenting The HF1 Hard Fork The hard fork will be known as HF1 for now and would allow developers to roll out critical upgrades to Beacon Chain. HF1 has three primary aims. It intends to introduce support for light clients by enabling them to ...
In the article a few days ago, I also mentioned that once Ethereum stands firmly at $1,500, the next development of the current round of the market will depend on whether the rise of Bitcoin and Ethereum is a sharp rise or a slow rise + callback. Up. If it is a wave of slow rise + callback, the development of the market will be very promising.
As a result, in the past two days, Ethereum broke through $1,500 in one fell swoop and reached the $1,600 mark. The development of the market in the bull market is so sudden, and every round of rising often bursts out of nowhere.
After more than 1,500 US dollars, I think the next goal of Ethereum is 3,000 US dollars. Let’s continue to ride the car and watch the development of the market.
Today, I will focus on replying to the questions raised by you recently:
1. Some readers asked whether the NEAR public chain has investment value?
For the public chain, I always think technology is an important factor, but there is a more important factor that is ecological construction. I am optimistic about Ethereum because its ecology is already quite developed, and the development of this ecology will show the Matthew effect, making it stronger and stronger. Even if the technology of other up-and-coming public chains surpasses Ethereum in some respects, if they fail to catch up ecologically, I am afraid that they will not have much hope in the end.
This is the same as the house. Houses in first-tier cities are getting more and more expensive. The more expensive they are, the more people will buy them. On the one hand, I think there is a financial effect. On the other hand, I think the more important resources are the supporting teaching, medical, living and development opportunities in these cities. Far more than other cities. These resources are the ecology of the city. This kind of ecological prosperity will only cause more and more people to flood into these big cities, which will lead to the more expensive the housing price, the more people will buy it.
2. What is a bull market fixed sell?
In a bear market, our fixed investment means buying in a relatively low price range and collecting chips. But the collected chips must be realized before they can become our real profit. The time for this realization is the period when the bull market is close to the climax.
The reason why we decide to invest in a bear market is that we cannot predict the bottom of the bear market, so we can only roughly judge an area close to the bottom to buy; for the same reason, it is also difficult to judge the top in a bull market, so we can only roughly judge a close to the top The area starts to be sold in instalments at a certain time interval or price range. This is the “fixed throw”.
I don’t think it’s time for a fixed throw, so I suggest that you still hold the chips in your hand and continue to wait.
3. Regarding quantitative trading.
This is actually a trading method that has been developed for a long time. Regardless of the bulls and bears, this method basically does not rely on fundamental analysis to conduct transactions. It mainly relies on mathematical models to determine the direction and probability of market changes in a short period of time-based on the characteristics reflected by the price of investment products. Buy or sell.
To play well in this way of trading requires systematic mathematical modelling capabilities and powerful computing systems to capture fleeting opportunities in the market with extremely frequent trading methods. Quite a few companies on Wall Street do this kind of transaction.
Many people in the currency circle also say that they are quantitative trading, but in fact, neither their model nor the trading system can be compared with the real specialized quantitative trading system. They are just speculation under the guise of gambling. The difference.
4. How about XX coin and what’s the next trend?
I have paid attention to the coins that many readers have asked, but overall I think the value and potential of these coins may not be as good as Bitcoin, Ethereum and DeFi head projects, so I changed them all at an earlier time. Become the head project of Bitcoin, Ethereum or DeFi.
Let’s take Ethereum as an example. In the last year’s 312 plummets, Ethereum fell below US$90. If it is calculated at the current price of US$1600, its increase is close to 20 times; even if we calculate it at US$150, its increase is more than 10 times. Looking around the other currencies in the currency circle, not too many have exceeded Ethereum in a year. So looking back, toss and toss, it is better to honestly buy Bitcoin, Ethereum and some DeFi head projects.
As a reader said in a comment, it’s like we line up. We always think that our team is slow, but when we change to another team, we find that it’s not as fast as our previous team.
5. Why should the market reach at least “June” this year?
In my articles about this round of market forecasts, I often mention “June” this year. What I mean is that in my opinion, this round of quotations has a high probability of reaching at least June this year. As for how to judge this time point, it is mainly based on experience and observation of the market.
Because there are still a small number of people in the market that are really excited, institutions are still waiting to enter the market, and retail investors have not yet entered the market on a large scale. So based on these conditions, I think there is a high probability that the market will go to at least June of this year unless something extremely unexpected happens during this period.