One of the blockchain notes

Two consecutive investment failures recently. One was in January. After learning about LUNA, I had a certain idea of buying. At this time, I also knew about Coinbase’s investment in LUNA. Soon, I happened to meet Tesla’s announcement of Bitcoin investment. At night, I have a very high willingness to buy LUNA, but I gave up because of being too cautious about blockchain investment. As a result, the next morning, I found that LUNA almost doubled, and the regret at that time can be imagined.

The second time was during the Spring Festival. In several groups, I saw everyone discussing the popularity of BSC, and I also moved to buy BNB. However, the average price of 126 dollars at that time had already risen sharply in a short period of time, and I was very interested in BSC. The imitation chain and the nature of the platform currency are not very assured, and finally gave up and turned to mining, and then we know what happened: BNB doubled in a short period of time.

The regret that I hesitated to buy a promising coin twice in a row but finally gave up and missed the income made me very irritable. I need to summarize and reflect on it. Personally, I need to pay attention to the following points:

1. LUNA entered a period of sideways fluctuations after a considerable rise. This happened after the coinbase bought, that is, the market has not significantly hyped the matter after the coinbase bought (doubtful, but it has little impact) , and Tesla's announcement of investing in Bitcoin is obviously a tipping point for an institutional theme. The market should come to hype institutional investment targets, and the enthusiasm for algorithmic stablecoins is still there, so LUNA should rise, but I At that time, the understanding of this was not deep enough, so the judgment was wrong.

2. After BSC became popular, BNB also experienced a relatively large rise, but I gave up because I was not optimistic about BNB for a long time. I also fell into a misunderstanding here, that is, all my purchases are regarded as long-term investments. , while ignoring the significance of short-term speculation, because with the fermentation of sentiment, BNB’s increase since December is not too high, which itself is a choice that the market is not optimistic about, and then the popularity of BSC is a Unexpected factors, and the continuation of the bull market will strengthen the new value of BNB. At this time, the currency price should be subject to a strong upward correction, but I was afraid of the previous increase and gave up buying. This is very unwise. of.

The above two points are the main reasons. Among them, the main point is that I am afraid of the existing increase, and the second is that I am not sensitive enough. In fact, in the currency circle, due to the lack of compliance (the project side trades to buy), the existence of a large number of retail investors, etc., The hype atmosphere of the currency circle is much stronger than that of the A-share market, and because it belongs to the blockchain industry, the complexity of the market is not as high as that of the stock market. It is easier to analyze the hype hotspots in the market than the stock market. Therefore, in the future, we should emancipate our minds more, be bold and proactive, and hope that the results of my first participation in the blockchain will be more ideal.