After the article was published on the 26th, I was a bit surprised by the number of readers who left comments and questions. This is because the situation I shared in the article was my previous speculation about the worst-case scenario for Bitcoin and Ethereum, and at that time, I had already shared my planned actions regarding Bitcoin and Ethereum.
So I thought that since we all had a contingency plan for this outcome, we wouldn't be too surprised if it actually happened.
However, the actual reactions were still different from what I imagined.
Therefore, the next few articles will focus on answering some typical questions and those raised by readers during this period:
1. NEUR, HTERM, TETSUO, AVB, PROJECT89, AGIXT are the AI projects I currently hold. Are there any that you are optimistic about?
In fact, rather than whether I am optimistic about these projects, what is more important is why investors themselves are optimistic about them.
And when preparing to invest in them, have they considered corresponding strategies to deal with potential risks?
For investments in the AI agency sector, I have previously suggested:
If you really want to participate in the AI agency sector but are unsure about general AI agency projects, then invest in reliable platforms. There are far fewer platform projects, making them much easier to judge, and the investment risk in platforms is relatively smaller and more controllable.
From this reader's question, I feel that there is still a lack of deeper consideration regarding the above issues when participating. If the considerations are insufficient or if there is still a lack of confidence, a better approach is actually to wait and see, observing more and acting less.
Additionally, I want to emphasize one more point:
Investing in these types of projects is essentially venture capital, so the risks are very high. Therefore, before taking action, one must ask themselves if they can bear the risk of these projects going to zero.
If this risk cannot be borne, do not act lightly.
As for the current situation, my advice is:
You should still ask yourself if you have confidence in these projects. Have you thought carefully about the above questions?
If you have confidence and have thought it through, then continue to hold.
If you lack confidence in those projects but still want to maintain a position in the AI agency sector, then replace them with platforms you are confident in.
If you lack confidence in the platforms as well, then replace them with Bitcoin or Ethereum.
If you also find it hard to bear the potential declines of Bitcoin and Ethereum, then simply convert everything into stablecoins.
2. I dollar-cost averaged 1.6 Bitcoin at $18,000 and 5 Ethereum at $1,800. Later, I converted Bitcoin into Doge and Virtual.
Although this reader dollar-cost averaged Bitcoin and Ethereum, I am not sure if they maintained another very important point: that is, "Bitcoin + Ethereum" should account for at least 50% of their total crypto assets.
If this point was not maintained, I suggest at least converting 50% of these chips into Bitcoin or Ethereum.
If they also find it hard to bear the potential declines of Bitcoin and Ethereum, then convert to stablecoins.
At any time, no matter how tempting any other asset may seem, I will never sacrifice this ballast to chase that profit.
For me, controlling risk always comes first, and profit comes second.
By controlling risk, we can always stay at the table. And as long as we are always at the table, there will always be new opportunities.
3. How am I currently managing my assets?
So far, I have not sold any of the assets I hold.
For Bitcoin and Ethereum, my subsequent actions will still follow the approach I previously disclosed:
If $100,000 is the peak for Bitcoin in this round, I will continue to hold it. If it exceeds $100,000, whether to sell or not will depend on the overall market conditions at that time.
For Ethereum, as long as it is below $2,500, I will resume dollar-cost averaging.
For other assets, I will continue to hold and observe as long as the fundamentals remain sound, according to my previous judgment criteria.
4. Is the bull market not here yet? Is it still a bear market?
By my standards, it has always been a bear market; this round of market conditions has not seen a bull market.
In conclusion, I summarize my views:
The trend of this round of market conditions is different from before, but looking at it over a longer time frame, I believe it is just a moment in the long river of crypto ecosystem development. This temporary predicament will not hinder the trend of ecosystem development.
People's emotions seem to be overly pessimistic. I have always firmly believed that the future of this ecosystem is bright.
Especially with the recent rise of AI, which is likely to be a significant catalyst for this ecosystem.
Recently, while listening to some audio courses from internet technology bloggers, I coincidentally heard them say that they would strengthen their focus on the crypto ecosystem this year because they also believe that AI is likely to bring unexpected changes to the crypto ecosystem.
What reason do we have to be so pessimistic while being part of it?
At this moment, we just need a bit more patience and confidence.
Additionally, it is essential to note: even in the worst market conditions, as long as "Bitcoin + Ethereum" accounts for no less than 50% of the total crypto assets, our risks are generally controllable.
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