What are the potential areas in the blockchain investment market?

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. Please take the time to analyze why bnb hit the top three and dot top four. These two projects were not very optimistic in the early stage. What happened now? I thought it was a mindless pull, but after reading Bao Erye's analysis, there are still some applications.

---I think the current high market value of BNB is related to its deployment of the DeFi ecology in its own public chain. Binance's DeFi ecology has attracted many players to play, and has obtained good returns, so the market value of BNB has risen sharply.

For Polkadot, I think it is estimated that people have higher expectations for it, so the positives in the Polkadot ecosystem can push up its currency price.

For BNB, because I have already thrown away its tokens, I seldom pay attention to it after that; I have talked about Polkadot many times, and I have great respect for the project itself and its founders, but for its I have reservations about the outlook.

2. Is the alpha mentioned by Dao brother alpha homra or Alpha Finance Lab on bsc? Or are they both the same thing?

---I mean Alpha Homora.

3. How about the Loopring project? Why does the team have the right to list coins, not as free as uni?

---The main reason why UNI can list currency freely is that it directly deploys AMM trading pairs on Ethereum. However, Loopring’s AMM trading pairs need to be deployed in the second-layer extension, so users cannot deploy trading pairs by themselves.

4. There is a question I have always wanted to ask you. The price of the goods purchased by the organization is around 30,000 US dollars, or even lower. At present, it basically does not take the goods. Can retail investors push Bitcoin even higher? It has been in a downturn recently. One is that many retail investors are out of the market after making profits. The investment of new investors cannot make up for this shortfall, and institutions do not take over the situation. personal opinion

---I feel that relying on retail investors, the price of Bitcoin cannot be pushed very high. But I still think institutions will come back, as will retail investors. I hope this adjustment can last longer. It is best to adjust for a whole month and cool down all the coins. Then we have enough time to look at the newly launched projects and see if there are any varieties worth investing in.

5. The crv has not been mined yet, and the big players dig and sell it, and the price of his currency will never go up, so what is the value?

---I think mining, withdrawing and selling will affect the currency price to a certain extent, but in the long run, this is not the decisive factor. The long-term determinant of the currency price is its own development. I am still very satisfied with the current development status of CRV.

6. Brother Dao, I would like to ask for advice. In Circle B, if you make a fixed investment, how long is the fixed investment cycle? Every other week or two, or how often?

---This depends entirely on the affordability of investors themselves. If the funds are sufficient, you can set the fixed investment period shorter, so that you can invest more and collect enough chips; if the funds are not enough, then set it longer.

Generally in a bear market, I suggest that ordinary investors spend part of their money to buy on the day of salary every month. In the early stage of the bull market, because the time window is getting shorter and shorter, if investors still have few chips, they can set this interval shorter, such as half a month, or even every week, so that they can take advantage of the bull market before the bull market rises. Collect more chips.

7. Teacher, should we lay out layer2, Polkadot system, and NFT plates next?

---I am very concerned about layer2 (second layer expansion) and the NFT sector. I believe these two will be the focus of attention in the next year or even a few years.

8. Is it possible to start some regular investment at the current price of NSURE?

---As of the time of writing, I saw that its price is 0.7 US dollars. The current price can be used for regular investment, but I have no scheduled investment for it. I am paying attention to the field of layer2 and NFT, and hope to reserve funds for these two I am optimistic about the projects in the field.

9. Why is Cardano ranked third? How about Polkadot?

---I am more cautious about ADA, and I threw it away a long time ago. I still think that in the field of the smart contract public chain track, in the end, there is only one company, and this one is Ethereum, so I did not pay attention to other public chains including ADA.

I have talked about Polkadot many times, and I have great respect for the project itself and its founders, but I have reservations about its prospects.

10. How about the domestic public chain Conflux?

---Many readers mentioned our domestic public chain Conflux in the comments.

Just by chance, we had an in-depth exchange with the Conflux team. I admire the team's down-to-earth style and understanding of the blockchain industry.

We all know that after 1994 in our country, the development of the public chain in our country has become very bumpy. Under such a big environment, there are still teams working on the public chain, which in itself is equivalent to doing things with hands and feet tied. In addition, the development of Ethereum has now become the top card in the public chain track. Under such circumstances, it may be difficult for other public chains to seize a share in this track.

In such a difficult external environment, the Conflux team still chose this difficult path, and has been advancing and developing its own ecology during these years of development, which is not an easy task in itself. The team also knows that the environment they face is not as friendly as it was a few years ago, so the goals set are also realistic in my opinion, and they are constantly working hard to explore.

Because I have participated in some projects, I also have some Conflux tokens in my hand, and I have used their wallets, and I feel pretty good. But I don't hold Conflux tokens on a large scale, so I don't judge the investment value.

I look forward to seeing that the Conflux public chain and its team can play an important role in various domestic economic scenarios and fields, and become an important part of our national infrastructure construction.

11. Will there be a thunderstorm for USDT?

---In a previous article, I talked about my views on several stablecoins, including USDT, USDC and DAI. USDT is undoubtedly the most used in the current circle. But it also has the biggest problem, mainly that its dollar reserves are not clearly regulated. According to the rules, it must have 1 USD reserve for every USDT issued, but does it really have that many USD reserves? We hardly see notarization by an authoritative third party, so people have no confidence in its currency issuance mechanism.