Is Filecoin worth investing in?
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 next article.
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 next article.
1. Is Filecoin worth buying?
Filecoin went online staggeringly after experiencing a series of twists and turns, and it was not smooth at the beginning of the launch, which made many investors who were optimistic about it in the early stage were hit hard. But if we pay attention to observation, we will find that the pace of Filecoin has become more and more stable during this period of time, and the ecological construction is also actively advancing. So I'm still bullish on Filecoin in the long run.
When the price of Filecoin was around $30 some time ago, I wrote that Filecoin at $30 (including the following) is worth investing in.
However, it may take a long time for Filecoin to unleash its true potential, and it may take a long time for everyone to focus on it again, ranging from 1-2 years to 3-4 years. But at that time, once it returns to the public's field of vision again, it will appear as a giant.
Therefore, we must be patient when we decide to invest in Filecoin, and don’t rush. In the past few years, Bitcoin, Ethereum, and DeFi will bring us benefits, but in a few years, we may be able to reap the benefits of regular investment in Filecoin.
2. How much USD will Bitcoin pull back to?
Readers often ask how many U.S. dollars can be adjusted to Bitcoin, Ethereum, or some other currency. In fact, this kind of question is difficult to answer, because no one can accurately predict what the market will eventually go out, so I generally don't spend time guessing the specific extent of its callback.
However, I will pay close attention to the magnitude and time of the callback. There are two main purposes: the first is to see if it can be adjusted back to the fixed investment price I set. Pay attention to the magnitude and time of the callback to roughly judge whether the callback is healthy and whether it is more conducive to the continued rise of the bull market in the future.
3. How to judge whether the decline is a callback or the end of the bull market?
This is a very interesting question, which needs to be judged by combining various data and market sentiment. Data analysis alone will be relatively one-sided, especially in the big market, and the second half of the bull market with the highest returns will be missed; market sentiment alone may cause losses due to excessive greed in the heart.
In my past experience, I usually sold everything before the bull market reached its peak, and rarely sold at the highest point of the bull market. Basically, after I sold, the bull market continued to rise for a period of time before it collapsed .
But at present, it is not the late stage of the bull market, and the market in 2021 is worth looking forward to.
4. Can the coins that break new highs still catch up?
I personally don’t chase high coins that break new highs and coins that exceed the fixed investment price I set. I would rather miss this opportunity than get stuck at a high level.
Because it is not a pity to miss this opportunity. As long as we open our horizons and observe various investment markets more, we will find that there are many investment opportunities in various investment markets.
5. Is LON worth buying?
I have invested in many exchanges, and I have never used TokenLon, so I have limited attention to this currency, and I don’t know much about the performance and experience of this exchange, so I can’t answer this question.
I generally prefer to look for two types of attention and investment: one is a well-known top project, and the other is a project that is only a little famous or not well-known but extremely innovative, so strong that it even makes people feel a little weird and controversial.
6. On which exchange can XXX tokens be seen?
Basically, most project tokens issued on Ethereum can be bought on Uniswap.
7. What is your opinion on Loopring (LRC)?
I have Loopring myself, but my opinion of it is rather average. Its biggest highlight is the realization of the second layer of expansion, but I think its trading method still belongs to the previous generation of exchanges, and its future prospects are limited.
8. What are the fixed investment prices of other top DeFi projects?
I once wrote the fixed investment prices of MakerDAO, UNI and CRV in the article, mainly because their prices were relatively low at that time, and they were within the fixed investment prices I set, so I wrote them out. And many other leading projects had already exceeded the fixed investment price I set at that time, so I didn't write them one by one in the article.
In fact, there are not many top projects with relatively suitable prices now. If you buy more projects now, the benefits may be limited, but the risks will become higher and higher.
9. Which one has potential, Compound or Aave?
I think Aave has more potential, and the team's innovative ability is very strong. But this does not mean that its current price is definitely worth buying. I have stopped buying this currency myself. I'll wait until the price is right before starting to buy.
10. Where can I buy the CSI 300 Index?
Generally, the funds of this index can be bought in the online banking, Alipay, and WeChat of major banks.
11. What are the advantages and disadvantages of participating in mining now?
In my opinion, the method and logic of mining and fixed investment are the same, and they both enter the market when the price is at a low level. So if I want to mine, I will participate in mining again in a bear market.
