What projects are worth investing in in the DeFi field?

The following are some answers to your recent comments. The analysis is only my personal understanding, not as direct investment advice! If you have any questions, you can leave a message, or send me a private message on WeChat. Because of limited energy, I will not reply one-on-one. After I organize it, I will analyze and answer it in the article next time.

The following are some answers to your recent comments. The analysis is only my personal understanding, not as direct investment advice! If you have any questions, you can leave a message, or send me a private message on WeChat. Because of limited energy, I will not reply one-on-one. After I organize it, I will analyze and answer it in the article next time.

1. Can you analyze the crv? I bought it at 3.7, and it has fallen to 0.3! I thought it was going to be zeroed, and I also experienced crv mining, which didn't feel very good, not as good as uniswap and sushiswap.

--- I am optimistic about the long-term CRV, although its experience is not very good. However, the price you bought for 3.7 is a bit high. The operation suggestion I gave in the previous article is to make a fixed investment within 2 dollars. The essence of CRV is not trading but the exchange of large funds.

2. Are you free to show me if this currency is worth xmr?

--- Monero is the leading privacy coin, I think it can, but in the long run, this field is a relatively small subdivision field, and the potential may be limited. I used to hold it, but later switched to Bitcoin and Ethereum.

3. Recently, everyone has a common question, whether YFI has more investment value than UNI CRV?

--- My own operation idea is to diversify risks, and I will not bet on one. The proportion of my own positions in the three coins of YFI, UNI and CRV is almost the same.

4. Because YFI has been dug up and circulated, unlike UNI CRV, there will be a steady stream of new selling, coupled with the integration and merger capabilities of the founder of YFI, will YFI become the biggest king of DEFI? Do you think YFI is better than UNI?

--- YFI does have great potential, but it is hard to say whether it will become the king. YFI is not good for direct comparison with UNI. I hold both of these coins, and I am optimistic about both.

5. I would like to ask the teacher, the profit of Mars Bibao is about 20%, what are they doing with the coins? Is it reliable? Thank you for your answer

--- Generally, it is used for trading. As for whether it is reliable or not, it depends entirely on the reputation of the institution itself. I did not invest in these financial products.

6. Hello, I want to make a fixed investment according to the CSI 300 index fund you recommend. How to buy it? Is it available on the Alipay platform?

--- Many banks have online banking or mobile banking, but I haven't bought it from Alipay. I suggest paying attention to the point of the index when making a scheduled investment. I made the scheduled investment with reference to the Shanghai Composite Index. I myself made the scheduled investment within 3,000 points of the Shanghai Composite Index. If it exceeds 3,000 points, I will not make a scheduled investment. I suggest that if the Shanghai Composite Index exceeds 3,500 points, we must pay attention to risks.

7. It’s impossible not to listen to your class for a day. I have never felt this way. It seems that listening to your class is more eager than Bitcoin’s rise! It could also be that the rise in bitcoin is a kind of cashing out of your lecture,

Impetuously following the crowd, I haven’t focused on doing one thing for many years. Listening to your lectures and learning digital currency are exceptions. It’s good to make some money. More importantly, this thing is affirming the importance of focus to me. , thank you for having you in my life

--- Thank you, what I want everyone to pay attention to most in the content I share is the pitfalls I stepped on when I invested, and the lessons I got. Investment depends on the long-term, don't be too obsessed with short-term ups and downs. For a grand cause and scene, we must look at its prospects, especially in the brand-new field of digital currency, and we must stand on a high ground and look to the future. Don't be in this huge tuyere. It is the greatest misfortune to be thrown out of the car because of a short-term petty profit. This is why I have written almost nothing else in my articles in the past two years, and I just wrote that everyone should invest in Bitcoin and Ethereum. If we have invested enough Bitcoin and Ethereum in the past two years, we don’t need to pay attention to their trends now, just wait for the harvest next year. Now we can focus on these emerging investment fields such as DeFi, which will bring us greater benefits.

8. Teacher, is there still a chance to call back to less than 20,000, is it out or out?

--- There may still be a chance, but it's hard to estimate its pullback right now. As for whether it will come out now, I will not come out myself, and I will wait until next year to say.

9. Hello, Bitcoin mining is calculated by the computer, which means that the results of Bitcoin mining depend on the workload of the mining machine, so what does the mining of FIL depend on?

--- FIL is based on space-time proof and replication proof. Its miners include storage miners (providing data storage space), retrieval miners (search services), etc.

10. I listened to an episode of your program about cognitive problems. Many people did not understand Bitcoin and Ethereum before. Recently, they want to deploy some dfi projects. Are there any good projects that you think have relatively great potential? Can you recommend them? Thanks

--- If you invest in DeFi projects, I recommend investing in top projects, but their prices are not cheap now. I have recommended some top projects for your reference (for reference only, not necessarily to buy): YFI, MAKER, COMP, AAVE, UNI, BAL, CRV, SNX.

11. At present, the market only fluctuates slightly and there will be no big drop, right?

--- I feel that there will only be limited shocks and no big drop.

12. Is there a big chance that Bitcoin and Ethereum will pull back 50% a year ago?

--- This possibility is unlikely.

13. Brother Dao, I am a spot trader and generally hold for a long time. This kind of project is not suitable for me. The investment targets are BTC, ETH and ZEC, and defei holds UNI and DOT. YFII is a coin that I have been paying attention to recently. I don’t know if YFII can give some advice in the short term, just a look.

--- YFII basically brings together high-end players in the domestic DeFi circle, and YFII is still working hard to build its own ecology and continue to cooperate with various domestic DeFi projects. I have certain expectations for it, but to be honest, there is still a gap between it and YFII, and I hope that YFII can do better in the future.

14. Brother Dao, I would like to ask an important question. After the CRV is locked to accelerate the excavator, do I need to claim the existing CRV to restart the acceleration? Or is it always accelerated, just displayed, thank you, very few people know how to answer this question

--- Ashamed, I have not studied this issue. I just hold CRV, and then put some coins in it to mine and ignore it. Personally, I am optimistic about CRV in the long run.

15. Hello teacher! The last time I listened to your suggestion, I actually bought 1 Bitcoin and 10 Ethereum, and I often listen to your lectures to know their long-term investment value, but I am still greedy to make quick money. I sold it to make a contract, but it turned out to be a total loss. I already owed a million and one hundred thousand. I was counting on the last few loans, not to mention a turnaround, at least to make up for the loss. I didn't expect to lose so much again. Regret to die, I really want to cry but have no tears, life is better than death. Teacher, if you say so much, you are so busy, it is a waste of your precious time. But I still want to ask you a question. People like us who owe more than 1 million yuan and can’t even repay the debt now, don’t they think about the best investment opportunities in the future? Or wait until Bitcoin is below $10,000 and Ethereum is below $400, and you have to buy some anyway? If you never get down to this number, don't think about it anymore, right? I'm so sorry to bother you so much!

--- In your current situation, investment is very risky. I suggest you focus on your work, work hard, earn money and pay off debts. Wait until the debt is paid off and you have money left over to invest. Investing is a lifetime thing, and it is never too late. After this bull market, there will definitely be another bear market, and there will be opportunities in the future.

16. I bought some princezis in 2018, and I was confused when I lost grapefruit and TRON. I would like to give a reasonable suggestion, should I sell them or replace them with bits and ethers?

--- My personal operation idea is to replace Yuzu and Tron with Ethereum.

17. Teacher, I allocated 100,000 yuan when eth was around $400. I want to configure Ripple with 50,000 yuan and Polkadot with 50,000 yuan.

--- I do not recommend configuring Ripple. Regarding Polkadot, my view is also more cautious. I have not invested in either of these coins.

18. Hello! Teacher, is the NEXO coin valuable? The recent gains are good, but I can't find the specific information of this project, please advise.

--- I don't know much about this project. I suggest you be more cautious. A big increase doesn't mean it's worth investing in.

19. Can ZKSwap win in the decentralized exchange?

--- I have tried this project, it is very interesting, but it remains to be seen whether it can surpass the existing DEX.

20. Eth and beth are 1 to 1. The beth pledged by our eth, should we sell it and return the eth?

--- Is the BETH you mentioned issued by Binance? If yes, when you sell BETH back to Binance, you can get ETH back.

21. What other currencies in the DeFi field do you think are more cost-effective?

--- To be honest, the prices of almost all DeFi tokens I am optimistic about have rebounded from the lowest point. The leading projects I am optimistic about are: YFI, MAKER, COMP, AAVE, UNI, BAL, CRV, SNX. But as for whether it is appropriate to buy these tokens now, it depends on your own risk tolerance. If you are willing to take risks, you can choose investments that are relatively low from their peaks.

22. I stocked up some crv at an average price of 0.5u, and I want to ship them around this time next year. I hope you can give me some advice. Is it worth holding for a long time?

--- I personally hold it, and I will hold it until next year to see the market.

23. In addition to Bitcoin and Ethereum, I hold 800,000 positions in these three coins. crv, uni, fil, of which uni accounts for half. How about holding the position for one year? Please give a comment! Thanks!

--- It mainly depends on your price. If the average price of your CRV holdings is $2 or lower, and your UNI is $5 or lower, and you hold the positions until next year, there is a high probability that you will have a very good profit. As for FIL, I am also optimistic about the long-term, and the current price of $30 is quite reasonable.

24. I feel that this wave of market prices is mainly caused by institutions and rich people, so institutions and rich people do not need to sell bitcoins to buy daily necessities during Christmas, so Christmas will not have much impact on currency prices.