The bull market will continue. Take your money 2021-05-08

Ethereum has reached a new high these two days ---- It's up to 3500 dollar , A friend sent a wechat saying , Now I'm very nervous with Ethereum , Worried that it suddenly fell .

I can understand this mood , However, I still haven't sold Ethereum , Nor did they sell any other currency they held ： Including bitcoin and DeFi Mainstream currency .

The main reason why I continue to hold it is because so far , I don't think I can see the end of the bull market , In fact, there is no sign of near orgasm .

It is worth noting that , Recently, a lot of projects have been airdropped ： such as FROYO（ be based on Fantom）、FLTY（ be based on BSC） And other projects running in an Ethereum compatible ecosystem . And there seem to be more and more such projects ---- I feel that the airdrop effect of Ethereum has gradually spread to other Ethereum compatible ecosystems . Will this momentum trigger a new round of airdrop climax , And then trigger a new round DeFi orgasm , Even drive a new round of rising market ？

All in all , Now the overall development makes me feel that I still have more meaning , New hot spots are gathering , Just wait for the explosion point .

In addition to the development of the digital money market itself, I still feel hopeful , Recent series of high-ranking US officials “ rumours ” It also makes me more confident about the next release .

This Monday , US Treasury Secretary Yellen said in an interview , It may be necessary to raise interest rates moderately , To prevent the U.S. economy from overheating due to higher levels of government spending .

I also saw this news at the first time , But at that time, I thought this statement was very normal , She just said that she needed to raise interest rates , But it did not say that interest rates would be increased immediately . There is nothing wrong with this .

But the result was unexpected , The news , The three major indexes of US stocks immediately fell sharply, indicating “ In return ”, In particular, the NASDAQ index has created since 3 month 24 The biggest decline since the day , The US stock panic index even rose more than 19%.

As a result, Yellen immediately came forward to refute the rumor , And the rumor refutation speech is quite humble ： Both deny that the speech about raising interest rates is a prediction , Also denied that it was a suggestion , Even more hurried to get rid of themselves is not to intervene in the Federal Reserve , Even finally, he said such cruel words ：“ I don't think there will be inflation , Even if there are , The Federal Reserve can also solve .”

After Yellen , The White House press secretary also refuted the rumor , Said that White House economists believed that inflation was only temporary .

It doesn't count , Then this Wednesday , Many senior officials of the Federal Reserve came forward to refute the rumor , This includes the vice chairman of the Federal Reserve 、 Cleveland Fed Chairman 、 Chicago Fed chairman 、 Chairman of the Boston fed 、 The governor of the Federal Reserve , Their view is simply a ：

Inflation, if any , Not to worry , There is no hurry to discuss cuts and interest rate hikes . The chairman of the Cleveland fed even said , Even if inflation exceeds 2%, Nor is it enough to raise interest rates .

Some people said that Yellen's previous statement about raising interest rates was to test the market reaction , Some people say it is to give preventive shots to the next policy , Others say it's purely the expression of views , But whatever it is , A series of subsequent serial reactions have proved this ： The US government has been completely kidnapped by Wall Street . You should dare to raise interest rates , I'll pretend to be dead for you .

So after this round of rehearsal , We can basically think that , This year's water will only continue . There is such a macro environment to pave the way , The commodity market 、 Precious metals market 、 The stock market 、 I'm afraid digital currency will continue to be flooded .

So I will still hold the coin in my hand .

In the article the day before yesterday , Many readers have expressed their views on this passage ：

“ Because bitcoin has been included so far 、 The digital currency including Ethereum does not provide human beings with any services and products that are conducive to the real economy ”.

Actually, what I mean by this sentence is , If you follow Buffett's investment thinking , Bitcoin and Ethereum are as described above , It's not that I think so myself .

If I feel the same way , I won't invest in digital currency . Optimistic about digital currency , It's not just the point I've always adhered to , It is also the key to support me through the bear market . But nonetheless , I don't exclude people who dislike digital currency . In the field of investment , Everyone has his own thinking and cognition , But I think the pursuit of rationality and the cognition of one's own ability boundary are applicable to anyone .