Is the bull market suitable for trading in waves?

Source: Daoshuo Blockchain

1. I think ORDI will also be pulled back on Binance. I sold it for 4 digits at 12 yuan. People who don't like to trade in the market have made the most unsuccessful operation.

This is a message from a reader under my article "Investment Journey of ORDI" on March 6.

Seeing this message reminded me of my past experience: When I first entered the investment market and started investing in the stock market a long time ago, I was fascinated by the trading of stocks.

At that time, as long as I read on the intranet and the Internet about how a "great god" achieved the myth through the trading of a certain stock in a certain period of time, I was as ecstatic as if I had found the "Nine Yin Manual". Every time I would try to understand the techniques and indicators in it.

But in the end, I still had no chance to use this method of operation. Not only did I not realize those myths, but I also lost a lot of money. "There is no greater sorrow than a dead heart." From then on, I could no longer be interested in this method of operation.

2. What is NAT?

The NAT based on digital physics theory mentioned in my article refers to DMT-NAT. For details, please refer to https://ordinalswallet.com/collection/tap-DMT-NAT.

There are many articles about this protocol on the Internet. You can search for DMT NAT. This concept is quite interesting, but there are not many projects based on it at present.

3. None of the coins I hold will rise. Is there any hope?

I am afraid that this question can only be asked by yourself.

We can think about it ourselves: Is it because the currency itself has problems or the market has temporarily ignored it? If the currency has no problem, it is just that the market has temporarily ignored it, then there is no big problem. Because in the bull market, basically every track will rotate once, as long as the currency has no problem, it will rotate sooner or later.

If you don’t know whether your currency has a problem, you can recall why you bought it in the first place? Now let’s see if the reason for buying it is still right?

If you can’t answer these questions, it proves that you still don’t understand it. Since you don’t understand it, you are upset and feel hopeless, so you might as well just change it all to Bitcoin and Ethereum.

4. When I first entered the currency circle, I didn’t experience the complete bull and bear market, and I had no concept of risk. In 2021, I mortgaged my house at the end of the bull market, and then suffered for three years. I only saw hope this year.

I was really worried about this reader's message.

I have always advocated that investment must be made with spare money, and never with money that affects life, let alone using mortgage assets to raise principal.

The risk of operating with such a high leverage is very high. I think it was good luck that there was no problem with this operation, but everyone's good luck is limited. Once the luck is not so good once, all the previous efforts will be wasted.

In addition, even if the final result of operating with such a high leverage is good, the process is very destructive to people psychologically and physically. In this process, living in fear and anxiety every day, it is very likely that before seeing the fruits of victory, one's own psychological and physiological problems will occur. And once there is a problem with the body, no amount of money can help.

5. I read Vitalik's article, which mentioned that if faced with a quantum attack, Ethereum can adopt a rollback approach. What do you think of this approach?

I understand that Vitalik is talking about measures in very extreme situations. However, if this situation really happens, it is not surprising that Vitalik does this. Because after the last DAO incident, Ethereum did this.

I think such things should be avoided as much as possible. Because once it happens, whether it is rolled back or not, it will hurt the consensus of at least half of the community.

In addition, I think the probability of this situation happening is very low, and anti-quantum attacks have been deployed and arranged in the future development path of Ethereum. The Ethereum community also has a team dedicated to studying anti-quantum attacks.

So overall, I am not too worried about Ethereum being attacked by quantum attacks.