The investment value of "following mainstream currency"
Since the beginning of this year, the articles I have written have mentioned fewer and fewer mainstream currencies, and basically only talked about Bitcoin, Ethereum and the three major platform currencies. So is it true that for all investors, only these coins are considered mainstream currencies, and other currencies are not considered mainstream currencies and cannot be invested?
Not so.The most important reason why I only write these coins is that in my opinion, these coins are potentially leading coins in the mainstream field. The overall rise of the market or their respective fields may be rising. leader. So by paying attention to them and grasping their trend, we can grasp the trend of the whole market and a certain segment.
There are still quite a few coins in the market, although they do not have such a high status in the public perception, but they are also within the scope of mainstream coins and can also be used as options for asset allocation. This type of currency does not seem to be as strong as Bitcoin and Ethereum in terms of consensus as a whole, but its status is very solid, and its vitality in the market is very tenacious.
However, these coins do not appear in the vast majority of cases, and it is difficult to have events that have a major impact on the entire currency circle or attract attention from inside and outside the circle. When the market is good, they may even rise faster than Bitcoin and Ethereum, but they basically follow the market trend. I call these coins "following mainstream coins".
For example, BCH is like this. When talking about BCH, many senior investors may immediately think of Bitmain. Because the fork of BCH from Bitcoin was completed under the leadership of miners, and the leader of the miners is naturally Bitmain.
After the fork of BCH, Bitmain gave BCH great support, and devoted a lot of effort in both capital and community building. Bitmain hopes to continuously enrich the functions of BCH, especially to improve BCH's support for smart contracts, and hopes to develop it into a comprehensive platform like Ethereum.
In addition, Bitmain has also hoarded a large amount of BCH, which shows that Bitmain's optimism for BCH is not only lip service but real actions.
Bitmain's full support for BCH can be described as success or failure.
In the early days of the BCH fork, the market was still in a bull market, and BCH, which was strongly supported by Bitmain, was very popular. However, with the onset of the bear market, BCH was inevitably affected by the general environment, and the currency price fell into a slump. In addition, Bitmain itself was also affected by the bear market. Fell into operational difficulties, so the support for BCH is much smaller.
Without the support of Bitmain, and without the development of refreshing features for the time being, the influence and attention of BCH has gradually declined in the currency circle.
Now Bitmain is caught in endless internal disputes. When people think of BCH again, they may no longer be closely linked with Bitmain.
However, there are still many senior investors who are optimistic about BCH in the industry. For example, Jiang Zhuoer is a big BCH investor.
An important reason why these predecessors are optimistic about BCH is that they believe that BCH has solved the problem that Bitcoin has not solved well-that is, how to attract miners to maintain network security for a long time. And think that the future of Bitcoin will either modify the upper limit of circulation, or it will follow the same path as BCH.
therefore,
therefore,I think that at present and in the future, BCH may perform well when the market conditions are good, but it is still quite difficult to rise up and become a leader like Bitcoin.
