Recent impressions about bull market and defi 2021-05-17

 

The last few months , The market is rising , In fact, in the bear market stage of the first two years , The fixed investment prices of bitcoin and Ethereum, which I have been writing in the article at that time, are respectively 1 Ten thousand dollars and 400 dollar , So far, there have been differences 5 To 10 An increase of about times .

In this bull market , up to now , I have a deep memory 、 It was also a very exciting time last year 2020 year 7 Month to 12 month . At that time DeFi hot , New projects emerge in endlessly every day , There are new ways to play every three to five , Seeing these projects, the whole person is like Grandma Liu entering the Grand View Garden , I think everything is fresh , I want to try everything , I will buy a little money . And at the beginning, I saw a lot of fresh heads 、 Many new projects that are very close to the people have become the leaders in various subdivisions today , The price is also different from the original issue price .

Recall this journey , This is considered. DeFi The most important stage of development . later , Especially this year , I hardly buy any new currencies on a large scale .

First, there is hardly much innovation in the new projects that appear now , Many of them copy the code of existing mature projects , Copy the application mode to other ecosystems （ such as BSC、HECO、 Poca 、Solana etc. ）, Such a project may be able to win users with the market resources in the hands of the project team , But it's really hard for me to attract .

Second, with the bull market rising step by step , Most of the former head projects now have high prices , Even if sometimes people have the impulse to buy because of the good project , But see the falsely high price , I can't do it again .

in my opinion , Judging from the current stage , Perhaps the disruptive innovation of this bull market is over now , The rest of the process is to estimate the concepts that have not been fried before 、 Try to squeeze out the unused value . Of course , From the development of the whole industry , at present DeFi The field is just the beginning of future finance .

The recent hot Chaigou coin SHIB This is the case with dog coins , Chaigou coin SHIB Actually last year 8 Items of month , The dog coin is an older currency . There is no technical innovation in these two coins , But it is worth digging in concept and playing , Especially in terms of consensus, it can be transformed , So the karma meeting has become a hot spot in the near future .

There are many articles on the Internet discussing how musk will continue to treat dog money , There are also many articles analyzing dog coins and Chai dog coins SHIB The next possible trend , More daring investors took advantage of the sharp decline in the market these days to increase their positions in these two currencies .

I suggest that if you want to participate in this game , Just play with a happy attitude of small gambling , After all, there are not many interesting games that can be played in the market now , But don't take it too seriously , Especially in the current market, such coins are used as chips to achieve overnight wealth .

If their subsequent development is really due to the intervention of various factors , Consensus has been successfully transformed , That can be regarded as an accident of this bull market , Otherwise, it may only be the same as some popular currencies that once flashed in the previous bull markets , Become history .

In that sense , For me, this bull market is over now , The rest of the time , It's just driven by the laws of the market , Currency prices fluctuate , Shanzhai project continues to barely attract popularity by taking advantage of the waste heat of old projects , The whole ecosystem is no longer innovative , The only thing that can stimulate everyone's excitement is the price of money .