The collective collapse of the public chain, as an investor, what should we pay attention to at this stage?

There are two rumors in the currency circle today, one isMEET.ONE members "condemn" Block.one for having too little support for the community, far less than Tron; the other is that the aelf community of the cross-chain project has been disbanded, and the founder is suspected of running away.aelf's official twitter tweet announced that it has disbanded some WeChat groups and will focus on the developer community。

Both news related to the public chain project, and the public chain is the breaking point of 2018.The split of the public chain community from the first year of the public chain to the current public chain community is not so much caused by the status quo of the digital currency market turning from bull to bear, it is better to say that it is a man-made disaster。

Everyone still remembers that in 2018, following the success of the ETH public chain, public chain projects sprung up one after another, and the public chain 2.0, 3.0, 4.0 appeared, sharding, layering, high TPS, on-chain expansion, off-chain Various new concepts such as capacity expansion and consensus mechanism emerge in an endless stream, attracting the attention of many investors.The leeks take money to take over the market, the project party is over-marketing, the market value of public chain projects is rising, and the founder’s pockets are bulging。

But actually? In less than a year, the development of many public chain projects is in trouble.Not to mention that the expectations cannot be fulfilled, the progress of the project is seriously lagging behind, the mainnet cannot be launched for a long time, and there are many rumors that the founder smashed the market and the project party ran away. Although investors are blind and acute when investing, with the accumulation of time and experience, they will always return to reason.

At this time, investors are asking the project party to fulfill their promises and stabilize the currency price. Is there a problem? Nothing wrong with it. insteadThe project party finds all kinds of excuses to prevaricate, the substantive progress of the project has stagnated, and the breach of contract by selling coins behind the scenes continues, regardless of the rights and interests of investors。

If the digital currency market, like the Securities Regulatory Commission and industry associations in the securities market, has sound laws and regulations and entry and exit mechanisms, will the project party dare to be so unscrupulous? Even if not currently, I believe not far awayso,。

so,The digital currency market must be regulated. Only by perfecting the regulation can the rights of every investor be fundamentally protected, at least to ensure the relative fairness of the market and maintain a good environment.In the current environment of lack of supervision in the currency circle, there are no restrictions and access conditions for project parties to issue coins, and there are no restrictions for harvesting leeks. Investors have no way to claim for losses, which will only plunge the market into a vicious circle. The more you play, the smaller the audience.

As it is, it's no use talking too much or fantasizing about the future,Investors must save themselves based on reality. Think about it carefully, how long have you not paid attention to the actual situation of the project party after you bought the currency? Is the project progressing according to the Roadmap progress in the white paper? How long has the project party not updated the project weekly report, and when did the official media channel stop updating? Are all the tokens locked in the white paper still intact on the account? Where did the funds raised by the project party go...

I believe that if you carefully sort out the context and investigate, you willUncovering the Roots of Many Project Token Plunges. The project party itself has made a lot of money, and smart people and prudent investors have already withdrawn, leaving only the leeks who blindly follow the crowd to suffer and wait in the cold wind.Operation suggestion:。

Operation suggestion:

BTC: Since rebounding from the bottom of the $7,800 range over the weekend, it is currently consolidating at the $8,200 level. Under the turmoil of BSV, BCH and other currencies last night, BTC rose for a short time and hit the pressure range of 8,300 US dollars, but then encountered short sellers to suppress the market and failed to effectively stabilize the 8,300 US dollars. From the perspective of the 4-hour level,Yesterday's rise broke the nearly 2-week-old down channel, and the MA60 moving average constituted effective support, if it does not fall below, only one big positive line is needed to start a rebound offensive, and the strong pressure above is in the range of 8800-9000 US dollars. The market at the daily level is still in a volatile range, and it is not recommended to chase the rise. The short-term strategy is to buy low and sell high or make fixed-term investment.

ETH: Followed the rise last night, but then fell. The current hourly level remains above the MA60 moving average. The short-term support is 170 US dollars, and the pressure is 178 US dollars. There is news that ETH futures may be launched in 2020. This is a long-term benefit, and it may also affect the market in the short term. You can open a small amount of positions on dips, but short-term chips still need to pay attention to stop losses.

LTC: The 4-hour level is still in a volatile trend, and the finishing range is 52-56 US dollars, 60 US dollars is the recent strong pressure position, continue to wait and see.

BCH: The market rose again, rebounding from the range of 210-225 US dollars to the range of 225-236 US dollars. As long as it does not break through 228 US dollars in the short term, there is a high probability of continuing to rebound in the future.

EOS: In the short term, it continues to fluctuate in the range of 2.8-3 US dollars. Only after the heavy volume breaks through 3 US dollars will there be a market.

XRP: Maintain the upward trend, the 4-hour level does not break the MA60 moving average support, the disk is not worrying. The short-term support is 0.27 US dollars, and the pressure is in the range of 0.3-0.34 US dollars.

TRX: In the short term, it is consolidating in the range of 0.015-0.016 US dollars, and the volume is weak. Before breaking through 0.016 US dollars, wait and see.

ETC: The hourly level has rebounded slightly, but it is still in a volatile range. After the heavy volume breaks through $4.65, there will be a new market.

Platform currency: follow the market trend as a whole, do not break the support of the 4-hour MA60 moving average, and continue to rebound in the short term. In the short-term, BNB consolidated its trend in the range of 17-19 dollars, and waited and saw before breaking through 20 dollars; HT fluctuated slightly around 3.4 dollars in the short-term, with a short-term support of 3.3 dollars and a pressure of 3.5 dollars; OKB rebounded in the short-term and came to a pressure of 2.5-2.6 dollars In the interval position, if the decline can be stopped, there is hope to continue to rebound; GT has maintained a sideways trend for nearly a month, and will continue to pay attention to the support of 0.5 US dollars in the short term, and pay attention to risks when it falls below.

Altcoins: As I said earlier,Now it is not a question of whether to buy or not, but to investigate the status and progress of the research project firstAfter clarifying the situation, decide whether to follow up. The overall suggestion is not to blindly chase high.