Are you optimistic about Ethereum's future performance?

Source: Daoshuo Blockchain

1. Ethereum is very dangerous below 3,000, and the overall market is unclear. Let's wait and see at the end of June.

I always think that short-term price fluctuations are difficult to judge and have little meaning. If you look at it in the long term, I think Ethereum below $3,000 is very safe. If it can continue to fall below $2,500, it will be even better. I will start fixed investment again.

2. What do you think of the POLYX coin in the RWA sector?

I have never bought this coin and I don't know about this project. Overall, my view on the RWA track remains unchanged: this track belongs to centralized institutional investors, and retail investors can only drink soup in this track at most, so I only occasionally pay attention to the news of this track and don't follow up too much on specific projects.

MakerDAO, a once well-known DeFi project, is now working hard to expand this track, but from its actions, I can't see how much advantage retail investors have, or in what sub-sectors they can make huge profits.

3. Are there any airdrops for staking on third parties?

I have participated in several well-known staking projects: EigenLayer, Ether.Fi, Swell, Renzo, etc. have all pledged, but the positions are not large.

4. I heard that the United States, Britain, and Australia are going to seize Chinese assets. Will our coins be in any danger on the exchange?

My suggestion: Instead of worrying about the government's policies on exchanges, the safety of exchanges, the running away of exchanges, whether CZ's imprisonment will affect X security, and various rumors from time to time, it is better to withdraw assets from exchanges and put them in your own wallet once and for all.

Some readers have reported that it is troublesome to keep assets in their own wallets, and they may lose them, so it is better to put assets in reputable exchanges.

I think the essence and gene of crypto assets is "you have to be responsible for your own affairs." "Freedom", "equal rights", "privacy", and "wealth" are your own affairs, and even more so your own responsibilities. In the crypto world, only investors who can truly understand this idea and implement it in practice can finally reap their own real wealth.

If you rely on a mountain, the mountain will fall; if you rely on people, they will run away. Only yourself is the most reliable.

5. Is it possible that all coins will return to BTC, and only one BTC will be recognized?

I think this possibility is very small.

Blockchain technology will eventually move towards large-scale and popular applications. Although such applications have not yet exploded, this day will definitely come.

And it is not Bitcoin that can carry such applications, because Bitcoin's own technical limitations determine that it cannot be Turing-complete like Ethereum, and it has a ceiling in application support.

So at present, I think Ethereum is still the one that can carry this scenario. Ethereum will not disappear, let alone decline.

6. Is it necessary to persist in ETHS?

I used to have this coin, but later sold it, leaving only a small amount on Facet Swap to provide liquidity. When the overall market was sluggish some time ago, I only bought ORDI in the inscriptions, and I didn't buy any other inscriptions.

7. Is the current fixed investment price of Ethereum still below $2,500? Do you still think it will continue to develop well?

Yes, the fixed investment price I set for myself has not changed. If Ethereum really falls below $2,500, I will start fixed investment again. I am still optimistic about Ethereum in the long term. But frankly speaking, in this round of development, the development of the Ethereum ecosystem is still a bit disappointing: there are no phenomenal new applications and new scenarios.

But I believe this is only temporary.

8. What do you think of UTXOSWAP, an intent-based exchange, in the CKB ecosystem?

This kind of application is not particularly innovative. It just makes up for the shortcomings of the DeFi field in the ecosystem. This kind of application is of course important in a certain ecosystem, but it is really ordinary in the entire crypto ecosystem.

What I am more interested in now are new applications and new scenarios that are highly original and have never been seen before.

9. Now many altcoins are close to the lowest point in the bear market. What do you think of the market?

For altcoins that have fallen sharply, if you like them very much and want to buy them, it doesn’t matter how you buy them. But from the perspective of risk-return, I will be very cautious and will not touch most altcoins.

Since Bitcoin and Ethereum both exceeded their fixed investment prices, for a long time, except for very few varieties, I basically rarely bought coins. Most of the time I just waited and watched or participated in some airdrops and wool-pulling.