Some Thoughts on Decentralized Storage $AR Coin
There are several reasons to value the prospects of AR Coin:
1. Major Investments: Coinbase investment, a16z investment, Coinbase Pro, etc.
2. Key Tracks: Metaverse, SOL applications, NFT applications, WEB3.0, decentralized storage.
3. The global storage industry is expected to reach at least $200 billion by 2025. AR Coin is the leader in storage; compared to FIL Coin, AR currently has only 66 million in circulation, which is extremely scarce. The current price is $7.46, with a circulating market cap of $490 million.
4. Wide Applications: Decentralized storage is applied in various fields such as finance, healthcare, social communication, gaming, and energy, with its application range continuously expanding.
5. Advantages: Decentralized storage, also known as distributed storage, is less dependent on storage institutions compared to traditional centralized storage. The safety of stored content cannot be guaranteed, and it is not under one's control. Centralized storage, when attacked, does not cause widespread problems and is not subject to the supervision and control of storage institutions, thus preventing arbitrary data loss.
Current personal investment situation in AR Coin:
Continuously investing in AR Coin, holding cost is $6
Selling Standards:
1. Bitcoin price exceeds $200,000
2. AR Coin price exceeds $100
3. AR Coin market cap ranks within the top 50
As long as one of the above three standards is met, selling can occur.
This thought is also to document some of my experiences in the crypto space. I have been involved in the crypto space since 2017 and have experienced many ups and downs. I can be considered an old novice. A day in the crypto world is like a year in reality. Indeed, many predecessors have summarized experiences. In life, we may need to have enough patience to wait for our wealth. Investing is a gradual process; one cannot be overly eager for success. 90% of Buffett's wealth was earned after the age of 50. What reason do we have to squander this hard-earned wealth?