Bitcoin returns to $10,000, Ethereum's future growth potential is clearer
After yesterday's article "Bitcoin is about to be "halved", follow-up price trend analysis" was published, some readers left a message asking if the current price increase is a chance to escape.
I suggest not to "flee for your life". If the money invested in Bitcoin will not be used in the next few years, then continue to hold Bitcoin, at least the current price is not the selling price.
In yesterday's article, I analyzed that the price of Bitcoin may fall within half a year to a year after Bitcoin is halved. This is just my judgment on the trend, but I have no way of predicting how much it will fall. There is no way to predict.
If investors take advantage of the current "pull up" and throw away their bargaining chips, there is a high probability that they will lose the subsequent rising market. why? Because of the human nature of chasing ups and downs.
If Bitcoin really fell, for example, fell by 20%, and then rose back, would investors who threw away their chips at this time buy it back? I am afraid that most of them will not, because they are not reconciled and want to wait until Bitcoin falls back again. If Bitcoin can't fall back again, then investors will chase higher if they buy it back in the future. It is really not worthwhile to go back and forth like this, not to mention buying at a higher cost, and even losing a handling fee.
I always think that the price of Bitcoin within 10,000 US dollars is not high. Looking into the future, there is still a lot of room for Bitcoin. Compared with the future growth rate, whether to buy it for 10,000 US dollars or 8,000 US dollars is actually not so important. There is no need to care too much about short-term price differences and lose long-term opportunities.
Bitcoin fell after the halving, and I prefer to see it as an opportunity to "get on the bus".
Today, the price of Bitcoin has reached around $10,000. I think the focus of the industry will shift to Ethereum. As investors, we should also focus on Ethereum.
Regarding Ethereum, the biggest highlight is Ethereum 2.0. Ethereum 2.0 has actually been discussed many years ago, and when the beacon chain testnet was launched at the end of last year, the industry began to pay more and more attention to its development. The development of the beacon chain will undoubtedly be the focus of the industry this year and next.
In the article two days ago, I roughly introduced the current progress of Beacon Chain 2.0. Generally speaking, the progress of the test network is relatively smooth. Moreover, OK Exchange has also joined the test of the Beacon Chain test network. It is very likely that once the Beacon Chain main network is launched, OK Exchange will provide services for fans who want to participate in Ethereum 2.0 pledge activities.
According to the current situation, the mainnet of the beacon chain should not be launched for too long, and it may even be launched at the end of this year or early next year. With the approaching launch of the Beacon Chain mainnet, participating in Beacon Chain pledge activities will definitely become a hot spot in the circle, and it will also become a track for major institutions and exchanges to seize.
For enthusiasts, participating in the pledge of the beacon chain can obtain an annual income of about 2%. Although this rate of return is not high, if you are optimistic about the subsequent development of Ethereum, there is still a lot of room for growth in this income. For staking service providers, this is undoubtedly another good opportunity to attract popularity.
In addition, purely from the price point of view, Ethereum is still far away from its peak price close to 1,500 US dollars. Therefore, from the perspective of long-term fixed investment, the potential income of fixed investment in Ethereum is better than that of fixed investment in Bitcoin.
