In the DeFi tide, the smartest people are buying Ethereum
In the past two days, the mainstream currencies have experienced a wave of general price increases. In this wave of increases, the two currencies that I have always paid close attention to have achieved good increases.
One is LINK, which has risen by more than 4% and is priced at $7.8. After falling out of the top ten for a short time, it once again entered the top ten strongly, ranking ninth. But this price is still a bit high in my opinion. Some readers may ask, what if its price has been rising all the way since then and never looks back? If this is the case, there is no pity if you miss it without buying it, because we have another target with more controllable risks but great potential ----- the second currency I pay attention to: Ethereum .
Ethereum has increased by more than 8% in the past 24 hours, the highest increase among the top ten coins, and it has the momentum to lead the market.
Some netizens made such remarks:
In the current DeFi tide:
Smart people are engaging in lending.
Smarter people are engaging in arbitrage.
The smartest people are buying ETH.
The so-called lending activities refer to COMP, Aave, etc., which were popular a while ago; the so-called arbitrage activities refer to a new project called YFI recently. These two sentences are all about the emergence of a number of star projects in the DeFi tide, and the benefits that participating in these star projects can bring to players. It is these novel ways of playing that have attracted large-scale participants, making DeFi more and more people's attention.
While it's smart to play these games, the smartest thing to do is buy ETH. In fact, I said as early as July 13 in the article "The Hype Risk of "Hot Coins" in a Bear Market": "So in this DeFi tide, is there any opportunity to make money by selling shovels and denim clothes? I I think there is, one is ETH, which is inseparable from DeFi... andFor ordinary investors, the easiest and most labor-saving way to grasp the DeFi tide is still to invest in ETH.”
Why do I advocate that everyone firmly grasp ETH? Because in this round of vigorous DeFi tide, ETH is the highest in terms of risk-reward ratio. And those leading tokens are very difficult for ordinary investors to grasp.
If it is optimistically estimated that this round of DeFi tide will develop into a frenzy, then in this process, various new ways of playing and new models will definitely appear one after another, andAs ordinary investors, it is impossible for us to have so many channels to collect all the new gameplays and models in the world, and even if we can really discover new gameplays and new models in the first place, whether its model is reliable or not, ordinary investors It is difficult to judge.
In most cases, the new gameplay and new models that ordinary investors can see have already doubled their price in the angel investment round. At this time, it is difficult to judge whether buying is a big trap or a potential stock. of.The two tokens I mentioned in the previous article, COMP and BAL, continued to fall after listing, which is a typical example of this.
It is better to buy Ethereum honestly than to buy such a currency.
Another netizen launched such a voting activity, "When the price of Ethereum reaches, will you stop buying?"
32% stop buying when it exceeds US$500.
Those who stopped buying more than US$1,000 accounted for 4%.
20% have stopped buying at present.
44% stop buying when the price exceeds US$2,000.
From this result, we can see that 80% of the stocks stopped buying after more than $500. And more than 40% of netizens even aggressively decided to invest more than $2,000 in Ethereum.
