In the comments at the end of articles these days, many readers have expressed anxiety about the current market situation.
I estimate that the main cause of anxiety is the general decline in the overall market.
Regarding this point, I actually shared my views in last Friday’s article, and also shared my views in earlier articles:
If this The Bitcoin cycle is just like this, and it has turned downwards since then. We have already made plans long ago------hold the Bitcoin in hand and wait for another 4 years, and wait until the next cycle before making plans. .
This is true for Bitcoin, and even more so for Ethereum.
In last Saturday’s online exchange, several listeners specifically expressed concerns about the sluggish price of Ethereum. I also expressed regret when I shared it at the time, but I emphasized that holding Ethereum I'm not worried at all.
I still say the same thing: If you don’t even dare to buy Ethereum, then you really don’t need to waste time and energy in this ecosystem.
In addition, I also said that at least half of the crypto assets in hand should be allocated to Bitcoin and Ethereum.
If investors really do this, then we might as well take a look at the status of the assets in hand.
Let’s look at the worst-case scenario first:
Suppose an investor’s initial capital is US$5,000, and he buys all of Ethereum for US$2,500, leaving US$2,500 to buy All assets have been reduced to zero at this moment.
We will use Ethereum’s fixed investment price of US$2,500 as the cost price. The total assets in his hands now (based on the current Ethereum price of US$3,200) are US$3,200.
Let’s take a look at the best situation:
Suppose an investor’s random purchases of $2,500 of the $5,000 are all returned to zero, and the remaining $2,500 is bought in Bitcoin. , the cost price is US$35,000, then the assets in his hands now (based on the current price of Bitcoin of US$95,000) are US$6,784.
So in the worst case scenario, our current assets are between US$3,200 and US$6,700.
Generally speaking, if we are a fixed investment, the average cost price of our investment in Ethereum will most likely be less than 2,500 US dollars. The average cost of investing in Bitcoin is likely to be less than $35,000. And as long as we are not too unlucky, the remaining 50% of our assets will not all be lost, right?
So no matter how bad it is, our situation will be better than $3,200, right?
Even if our current assets are only US$3,200, I fully believe that in another four years, the price of Ethereum will definitely not be what it is today.
So as long as we are prepared for the worst and are optimistic about the crypto ecosystem in the medium and long term, I can’t see any anxiety from any aspect.reasons.
The above estimation method is based on short-term price calculations----------and this is my least favorite method for assessing value.
And the above calculation method assumes that the current market will end here. What’s more, can we judge the end of the market now?
I can’t judge.
I only know that the decline in the market in the past few days has not affected the development of new things in the crypto ecosystem at all, nor has it affected the fundamentals of many projects, nor has it affected the team building of many projects.
In this case, why are we so obsessed with short-term price fluctuations, instead of focusing on more worthy of attention and value?
We hope that when our readers are anxious, they might as well put their emotions aside and ask themselves, have we anticipated the situations that may occur today and in the future?
If so, have we prepared records for these unexpected situations in advance?
If you do it well, there is really no need to worry.