How do you view the future crypto market?

Source: Daoshuo Blockchain

1. The bull market is almost over. Is it an opportunity to adjust the portfolio now and replace the poorly performing ones?

Sometimes it is difficult to measure a project in the short term. The poor performance of a coin in the past period of time may have its own reasons or market reasons.

If it were me, I would not simply measure whether a coin is performing poorly based on the performance of the coin price.

I would pay more attention to the fundamentals of the coin and compare it from both vertical and horizontal aspects. Vertical comparison is to see whether it is better than in the past and whether the team is still continuing to build; horizontal comparison is to compare it with other projects in the same track to see whether it is lagging behind other projects.

If the fundamentals are lagging behind, I may consider it, but if there is no big problem with the fundamentals, but the coin price is just average, I may still keep it.

2. What do you think of the future crypto market?

I am still optimistic and look forward to the arrival of a real bull market. I still believe that we will usher in a bull market in the second half of this year and the first half of next year.

3. Is cake worth holding for a long time?

I don't hold cake and don't know much about this coin. For DEX coins, I only hold CRV.

4. What do you think of the Ton ecosystem?

I don't have any tokens of this ecosystem. The main reason is that the positioning of this ecosystem is awkward. From the perspective of application, I think it is difficult to see whether it can develop a unique ecosystem for the time being.

But I am very fascinated by the story behind Ton, especially Telegram. This team has a strong encryption spirit, which I sincerely appreciate.

This team is from Russia.

The Russian nation has produced a large number of rebellious people in modern and contemporary times. In the traditional software field, the team behind Telegram is a typical example. In the field of encryption, Vitalik is a typical example.

The Telegram team dared to refuse the Russian government in order to protect privacy. Vitalik has repeatedly fought against strong pressure to defend privacy and his ideals. Recently, he has been angry about the invasion of personal privacy by a new bill of the US government.

Sometimes, when I see some crypto-colored projects whose teams are from Russia, if I know that they have a rebellious spirit, I will pay extra attention to them.

5. Is it appropriate to invest in Ron after it falls?

Compared with Magic, at least in the game ecosystem, I think Ron's current performance is better. But my understanding of it is still general, and I think it still needs to be observed, so I just bought some, and I will not invest in it in this cycle.

Magic has a new initiative to build its own second-layer expansion system. This approach is very similar to Ron. Although it is hard to say how effective it is now, at least it is still empowering the ecosystem, and I think it is worth observing.

6. Which coin of the first-layer network is worth investing in?

I only invested in Bitcoin and Ethereum for the coins of the first-layer network, and did not invest in any other coins.

7. What do you think of Sora?

This is an artificial intelligence question. I just happened to be learning some knowledge about artificial intelligence recently, so I tried to share my views.

Many people only regard Sora as a video processing tool, and then extend it linearly along this line of thought: we can make 5-minute videos now, 30-minute videos in the future, and 120-minute videos in the future..., and if we continue like this, one day artificial intelligence will subvert Hollywood and the film industry.

Is this idea right?

Of course it is, but it is too limited and not divergent enough.

This is like when people first saw the Internet in the last century and saw that they could read news on the web, they immediately thought that we would not have to read newspapers in the future, and the Internet would subvert traditional media.

Now we look at it again, is this association too thin?

The same is true for Sora.

Sora has a very important significance in that it pre-processes the data in the way of video, and then passes it to GPT, which can process the video.

So the key point here is the pre-processing of data, which is the core innovation of Sora.

According to this idea, as long as we can design a suitable data pre-processing tool, we can hand over the data in various fields to GPT for processing.

In fact, this is how our brain works.

Our five senses collect completely different data, but all of them can be processed by the brain. In this process, the core role of our five senses is to pre-process the collected data.

According to this principle, as long as we know how the eyes pre-process the data, we make such a pre-processing device and connect it directly to the brain, and the blind can have vision just like normal people, and even humans do not need physical eyes to have vision.

Similarly, as long as we can make a suitable pre-processing device connected to the brain, we may also have the special functions that animals have.