Source: Dao Shuo Blockchain
1. Have the percentages of Bitcoin and Ethereum in my portfolio changed?
The allocation of these two assets in my portfolio has remained relatively stable, consistently making up over 60% of my holdings.
2. The ETHS community is constructive, and developments are moving in a favorable direction. Should I consider buying back in?
Some individual communities surrounding ETHS (such as Ethscriptions, Facet, etc.) are promising. However, as I have mentioned before, the development of Ethereum’s ecosystem is currently lacking in diversity and significant projects. Recently, the Ethereum Foundation provided sponsorship to the Ethscriptions team, hoping for progress in the Ethereum script industry.
However, a single project, no matter how outstanding, may struggle to sustain an entire ecosystem. Therefore, I have not significantly increased my ETHS holdings but have instead provided liquidity on Facetswap to stay engaged with the facet ecosystem.
3. Cancun’s upgrade has paved a high-speed highway for ETH, leading to upcoming innovations.
I strongly agree with this viewpoint. Only when the tide recedes can we see who is swimming naked. After a period of adjustment, as all assets settle and market volatility diminishes, we can observe that among the major public chains, Ethereum’s infrastructure is the most robust, excelling in the impossible triangle of decentralization, scalability, and security.
With the second-layer scaling solutions, Ethereum’s ecosystem can now support high-speed, low-fee applications on a scale significantly higher than the previous cycle. The focus of the crypto ecosystem in the coming period should shift towards application-side innovation and development.
Currently, the crypto ecosystem lacks killer applications. However, once new applications and scenarios emerge, they are likely to debut in the Ethereum ecosystem first.
4. What is DAI? Why are Ethereum transaction fees called WEI? Does anyone know about this Chinese individual?
I have previously introduced WEI DAI in a separate article. It is confirmed that he hails from mainland China. In an English article on his personal website, he recounts his grandfather’s harrowing experiences in mainland China from 1965 to 1975.
It was this experience that fueled his relentless pursuit of decentralization. In his envisioned decentralized world, the primary issue to tackle was decentralized currency issuance, leading to the seminal paper quoted by Satoshi Nakamoto.
However, he shifted his focus from the crypto ecosystem to research on the ethical regulation of artificial intelligence.
5. Starting a DCA strategy with 60,000 in Bitcoin, although the price is high, it is manageable. I believe the bull run is not over. If it is, I will extend the investment period and wait for the next cycle, always investing only idle funds.
While I have reservations about this reader’s approach due to the high operational costs, I still admire their strategy. They are aware of the risks and rewards of their actions and, most importantly, know how to mitigate risks (only investing idle funds).
If this investor continues to practice and refine their strategy, experiencing a few bull and bear cycles, they will undoubtedly become a mature investor and achieve their desired returns.