Review this round of market and talk about my blockchain investment logic

In my articles, I often share with you my views on various events and phenomena, as well as some of my own operations. Some of these views may be worth referring to, and some of them are definitely wrong, but even some views are not necessarily correct. I still want to share it, and I will try to explain in detail why I have such a point of view and operate in this way. My ultimate goal is to hope that everyone can reflect on themselves after reading my thinking process, hone their own way of thinking, and figure out their own investment ideas.

After the article about the AMPL airdrop was published the day before yesterday, a reader wrote a long message. In the message, he said that he did not get the airdrop, but described in detail his current approach and his plan for the future bear market. From here, it can be clearly seen that this reader has formed his own thinking and is constantly improving his own thinking.

I am very pleased to see such readers. Such thinking, its value is much higher than the value of any airdrop tokens, this is the greatest wealth of an investor.

In addition to telling his own thoughts in this reader's message, it is more important to have forward-looking ideas.

What are forward thinking? It is the planning for the future, the possible direction of the market in the future and how we, as investors, should face and deal with this direction.

I think that once an investor, especially a long-term investor, has a forward-looking plan, he will naturally avoid short-term market fluctuations and various noises, look at various problems with rational thinking, and face them with a calm mind All kinds of temptations. He will not be too far from the road to wealth.

In addition, this reader also mentioned that one of the most important reasons for daring to try various DeFi projects and investing in various DeFi tokens is that the holdings of Bitcoin and Ethereum exceed 60%.

This hits the point very precisely.

Without the 60% of the ballast stones at the bottom, it would be impossible for me to have the courage to take risks and participate in projects that may return to zero. On the one hand, the role of ballast stone is to ensure that our assets have a basic profit, and on the other hand, it also gives us the confidence and courage to take risks.

From 2018 to the first half of 2020, in nearly two years, there was only one thing we did, which was to regularly invest in Bitcoin and Ethereum. We persisted in this boring thing for nearly two years, and only then did we achieve 60% Only the accumulation of positions has the foundation behind.

Then, after DeFi began to explode in June 2020, although I was not the first batch of brave people to eat crabs, I corrected my cognition in time, adjusted my thinking, and was lucky to get on the DeFi boat.

At that time, except for some old-fashioned projects, such as MakerDAO, Compound, and UNI, in fact, most of the remaining projects were almost pioneering projects. Although many of those projects have now become well-known projects, at that time , They have just launched, and the market's views on their future development are severely polarized. This also means that the risk of investing in those projects is completely zero.

But I'm still involved.

Although there is a little contribution from my own cognition, what is more important is that 60% of the ballast stones gave me courage and confidence, allowing me to attack and retreat.

I believe that in the foreseeable future, this law will continue to repeat itself, at least in the alternate phase of the next bear market and bull market, it will still work. That is to say, at the end of the next round of bear market and the beginning of the bull market, I believe that new application areas will explode, and when new applications explode, there will also be opportunities similar to the early outbreak of DeFi.

How can we seize those opportunities? That is to earn as many bargaining chips as possible in this bull market, invest in Bitcoin and Ethereum in the next bear market, build our ballast again, and wait for new opportunities to come.