Source: Blockchain Talk
1. Have the positions of Bitcoin and Ethereum in my portfolio changed?
The allocation of these two assets in my portfolio has not changed significantly, with both together consistently representing over 60% of my holdings.
2. The ETHS community is very constructive, and the situation is developing in a favorable direction. Should we consider buying back in?
The individual communities that have emerged around ETHS (such as Ethscriptions and Facet) are promising, but as I have mentioned before, the development of Ethereum’s NFTs is currently quite solitary, with few notable projects.
A recent positive development is the Ethereum Foundation providing sponsorship to the Ethscriptions team closely associated with ETHS, hoping for significant progress in Ethereum’s NFT sector.
However, “a single tree does not make a forest,” and even outstanding individual projects struggle to sustain an ecosystem, especially when the existing projects related to ETHS are not exceptionally remarkable.
Therefore, I have not significantly increased my holdings in ETHS, instead providing liquidity on facetswap to stay engaged with the facet ecosystem.
3. The Cancun upgrade has paved a highway for ETH, bringing forth new opportunities.
I strongly agree with this perspective.
Only when the tide recedes can we see who is swimming naked. After this period of adjustment, when all assets settle down and market frenzy subsides, a closer examination of the current crypto ecosystem reveals that Ethereum has the most robust infrastructure among the major blockchains, excelling in the impossible triangle of decentralization, scalability, and security.
With the second layer expansions, the Ethereum ecosystem is now capable of supporting high-speed, low-cost applications at a level surpassing the previous cycle.
The focus of the crypto ecosystem in the coming period should be on innovation and development at the application end.
Currently, the crypto ecosystem lacks popular applications. However, once new applications and scenarios emerge, I believe they will first appear in the Ethereum ecosystem.
4. What is DAI? Why are Ethereum’s transaction fees called WEI? Who is a Chinese individual, does anyone know him?
Regarding WEI DAI, I have previously introduced him in a previous article. It is certain that he is from mainland China. In an English article on his personal website, he describes his grandfather’s harrowing experiences in mainland China between 1965 and 1975.
These experiences fueled his relentless pursuit of decentralization. In the decentralized world he envisions, the primary issue to address is the decentralization of currency issuance, leading him to write the cited paper.
However, after that, he ceased his research on the crypto ecosystem and shifted his focus to the ethical regulation of artificial intelligence.
5. Starting a DCA strategy with $60 into a large-cap token, the price is not low but acceptable. Personally, I believe the bull run is not over. If it is, I will extend the DCA period and wait for the next cycle, always investing only idle funds.
While I have reservations about this reader’s approach due to the relatively high operational costs involved, I still appreciate their strategy. In their plan, they are fully aware of the risks and rewards, and most importantly, they know how to mitigate risks by only investing idle funds.
Investors like this, who persist in their practices and self-improvement, enduring a couple of bull and bear cycles, will undoubtedly become mature investors and achieve desirable returns.
