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After yesterday’s article was published, many readers left messages asking me whether I thought the bull market was over, that Bitcoin and Ethereum had reached their highest points, and were about to enter a bear market? So I immediately opened the article and read the comments below, and found that many readers thought that my article meant that the bull market was over. I guess the reason why many readers have this feeling may be due to this sentence: "In this sense, for me, this bull market has ended here." What I actually mean is: since the bull market has developed to this point, I haven’t bought any new projects that impressed me for several months. In my opinion, this means that the various disruptive innovations and new application scenarios in the DeFi field brought about by the issuance of Compound coins in June last year are no longer there. The fun and excitement of finding new projects in the bull market are no longer there, and the bull market has brought me much less happiness. Therefore, the rest of the time is to watch the market continue to complete the second half according to the rules of previous bull markets----Bitcoin, Ethereum and most tokens continue to reach new highs until they reach their peak. Among the many messages, there were a few readers who read what I meant and understood my thoughts. After reading these comments, I found that many readers still focus on the market and prices in the bull market. This is certainly not wrong, but if it is just like this, we will miss a lot of fun and sense of achievement in this field. In addition to paying attention to the price trend of tokens in the field of digital currency, I also pay close attention to the emergence of innovations and disruptive projects in the industry. Why? Because if you invest purely for the purpose of making money, there are many fields in the world where investors can make money, but investments in other fields are no longer new, because the investment targets themselves have long been mature, and investors look at them purely based on various data and historical laws. For example, precious metals, commodities, and foreign exchange, there is nothing new about these markets. The investment targets are things that have existed for decades, and investors invest in these areas based on their own experience and data. In the digital currency market, in every bull market, we can see new projects and new scenarios, which can open our minds and let us see the future. Investing in these projects will not only allow investors to enjoy the rise in their token prices, but also bring a sense of accomplishment from investing in them. I remember that after Uniswap launched the airdrop, I wrote an article saying that investors who sold UNI tokens at that time would probably regret it. Why? Because most of the investors who sold it would find it difficult to buy it back in the future, and I firmly believe that Uniswap will grow into a giant. For such a good project, it is a pity that investors let go of their chips just for a little profit. I remember that during the sell-off, UNI rose to as high as $8 and fell to as low as $2. At the time, this fluctuation was unbearable for many people, but now when we look back at the price of nearly $40, don’t we feel a lot of emotion? For me, watching the UNI behemoth grow step by step from the airdrop to where it is today, and then looking back at my judgments about it being verified one by one, this sense of accomplishment and satisfaction is difficult to give in other investment fields. Not only UNI, but all the tokens I invested in carry my thoughts, judgments and predictions about them at the time. Now looking back at those thoughts at the time, the experience and lessons they brought me are the biggest and most valuable wealth brought to me by this bull market. This wealth will refine and improve my way of thinking, allowing me to better plan in the next bear market and get better returns in the next bull market. Now, the bull market has reached this stage, and there are no more good projects that can give me such thinking and wealth, so I say that the second half of the bull market is a bit boring, so boring that the only thing left is to look at the market and the price. In addition, I would like to tell you that I have not sold all the tokens I bought so far. |
