Never Lose Bitcoins
From yesterday to today, most mainstream currencies and DeFi projects ushered in a wave of sharp declines, but Bitcoin has come out of an independent upward trend during this decline, and it has risen to nearly $11,000 as of writing.
Unfortunately, while Bitcoin was rising, two pieces of news came out:
One is that the U.S. House of Representatives has just released a $1.52 trillion anti-epidemic stimulus plan, ready to continue to release water to support economic development and anti-epidemic.
The second is that Michael Saylor, CEO of MicroStrategy, a business intelligence software company with a market value of billions of dollars, confirmed on Twitter on September 15 that the company purchased another 16,796 BTCs worth 21,454 BTCs this summer. About $175 million. It is reported that the company purchased a total of 38,250 bitcoins for a total purchase price of 425 million US dollars. The company positions the purchase of bitcoin as a hedge against inflation.
However, no matter what happens in the market or what hotspots arise, we should not forget Bitcoin, let alone ignore its role in our asset allocation.However, no matter what happens in the market or what hotspots arise, we should not forget Bitcoin, let alone ignore its role in our asset allocation.
Judging from the total price and total amount purchased by MicroStrategy, the average price of Bitcoin purchased by the company is about 11,100 US dollars, which is higher than the current market price and far higher than the cost of investors who insist on investing within 10,000 US dollars. . As a listed company, buying bitcoin with large funds must be a long-term plan rather than short-term speculation. It can also be seen from thisThere are a few big funds that are optimistic about Bitcoin in the long term and continue to enter the market at the moment.
As retail investors, we should have reason and confidence to be optimistic about and hold Bitcoin in our hands.
In this wave of DeFi tide, many investors who can’t bear to be lonely sell their bitcoins to buy various DeFi tokens because they don’t have much capital and want to chase hot spots. cautious.
All DeFi tokens have been consolidating recently, and the trend of sushi has attracted special attention. Because it was so beautiful in the early stage, it attracted many investors to follow suit and buy, but a series of incidents that were later exposed caused a sharp drop in the price of the currency, causing investors who bought in the early stage to be trapped.
On September 15, Sushi launched a $14 million buyback plan, but the effect was not satisfactory. Because at the same time as the repurchase, about 28 million US dollars of shipments were smashed, and this is likely to be the opportunity for the big players who were caught in the early stage to ship.
When sushi was popular, many articles repeatedly emphasized that the lock-up value of sushi exceeded Uniswap, which seemed to imply that sushi would soon surpass Uniswap and become the new king.
Whether a project has potential in the long run, and whether it can be firmly established as the king depends on the intention and style of the project team. Only projects that "keep the right and use the strange" can go to the end.
The so-called "keeping the right and using the strange" refers to a steady and steady style of acting, one step at a time, but making good use of marketing methods to attract popularity in the process. But "keeping the right" is the foundation, and "using the strange" is only auxiliary, and the relationship between the two cannot be reversed.
Many projects can become a blockbuster, but are quickly eliminated by the market. The most fundamental reason is that such projects focus on "using oddities".
Sushi gave me the impression that I was single-minded about "using oddities" instead of thinking about the long-term planning of the project. Such a project may have new ideas to drive a wave of popularity in the future, and even drive up the currency price, but in the long run, it is a dream to surpass Uniswap.
