Will Ethereum sink? | Questions and Answers

Will Ethereum sink like EOS?

I think Ethereum and EOS are completely different products.

There's something wrong with EOS in its genes, it's not a real blockchain.

The current concerns about Ethereum primarily focus on the price surge in this round. But on this point, I have already expressed my views in many articles.

Although I am also very sorry about this, I (at least for now) have no doubt about the long-term development of Ethereum.

When profits double, is there an exit strategy, and can the exit strategy be strictly enforced? Greed at this time can be terrifying.

I won't use a strategy of exiting with doubled profits when investing in encryption assets.

I will be very cautious before buying an encryption asset, and I will think carefully about whether I can understand its highlights or if I have a special feeling for it if I can't understand it.

Once I decide to buy an encryption asset, as long as its fundamentals and team do not deviate from my expectations, I will hold onto it until its price becomes extremely unreasonable in my opinion or I no longer understand it before selling. Whether its price has doubled when I plan to sell it is not a factor I consider.

If the fundamentals of the project and the team diverge from my expectations, I will sell immediately regardless of its price.

Writing here, I recall a point I expressed during a previous online exchange when answering a listener's question:

When investing, I generally ignore small rises, such as rise 20%, rise 50%, and so on. Such rises are not my investment target.

If it's for this kind of increase, it's better to do business and buy and sell.

I invest in any target, and the minimum goal is to double. If there is no potential for doubling returns, I simply won't buy such a target.

In the encryption ecosystem, this goal will be higher.

For the time horizon to achieve the goal, I will have different ideas for different investment categories:

For encryption assets, my general expectation is to achieve a set return target every four years;

For the stock market, my general expectation is to achieve a set profit target every ten years.

As for the execution of the investment strategy, I think I am doing fairly well. As long as the set goals are achieved, I will strictly execute it and basically not engage in excessive fighting.

3 About Investing in Gold

I have some allocation in gold, but the Position is very small.

I have been tracking the information of gold for nearly ten years, and the overall feeling is: gold is silent for most of the time, only fluctuating within a relatively small range. However, when the Bull Market or Bear Market of gold arrives, it can last for a period of time.

Investors in gold want to earn substantial returns either by accurately controlling the bull and bear cycles and having enduring patience in a Bull Market, or by leveraging financial instruments and leverage to amplify price Fluctuation during quiet periods.

Compared to gold, I still believe that if investors have the energy and time, it is better to study more in risk assets (such as the stock market, encryption assets) in their familiar fields and find better opportunities in these areas with much larger rise potentials.

Human society has fully entered the era of technology. In this era and future eras, the industry that can continue to create enormous wealth for all of humanity is definitely led by technology (including encryption technology, of course).

So I will still look for opportunities in all investment areas related to technology.