Professionalism brings quality, and professional ability is particularly important in investment research.
Short-term huge profits are a result of luck, while long-term profit growth is the real skill!
#投研
In 2021, I worked in an enterprise in the Changsha County Blockchain Industrial Park and served as the general manager. During this period, I wrote a series of articles about chain reform and tried to persuade the company's boss to elevate the chain reform process to the company's strategic goal and use the company's existing resources to sink to colleges and universities for in-depth knowledge popularization transformation.
In the end, this idea did not come to fruition. It’s not that I was indecisive, but there were many limitations in its actual implementation - it required the company to be able to build its own database and massive resource support, and it also required specific implementation strategies for different companies, in-depth research and technical assistance.
A good idea and good execution are two different things.
#链改
However, I still firmly believe that blockchain technology has great application value for enterprises - this value has been successfully verified by Chinese and global technology giants. However, it takes time for technology to sink into the general consensus of society and requires a flourishing entry point into life - this is the added value brought by cryptocurrency.
Many people don’t know about blockchain, but have heard of or come into contact with cryptocurrency themselves.
This is the consensus of the group and the basis of investment research analysis. Without this cognitive foundation, investment research is just a self-entertainment within one’s own circle!
Technological development will never be affected by personal will, and the path of technological development is not static. It is important to remember these two points. The subsequent analysis will follow this logic. We must abandon arbitrary assumptions and follow market laws to see the application direction and investment nature of capital and technology construction.
If we define the bonus period from the perspective of market maturity and regulation, the early bonus period of cryptocurrency is coming to an end - that is, the bonus period of obtaining high returns by taking advantage of information time differences, market immaturity and low penetration rates has indeed ended.
The best proof is the change in the number of people investing in cryptocurrency.
The number of cryptocurrency investors worldwide is expected to be approximately 320 million in 2022. This number will reach 400 million in 2023. The number of cryptocurrency investors worldwide will exceed 560 million in 2024.
Although the conditions for forming a broad consensus in terms of numbers already exist, compared to traditional financial investment tools such as stocks, futures, bonds, etc., the penetration of cryptocurrencies is far less, the intensity of knowledge popularization is far behind, and the professionalism of investment analysis is mixed.
As expected, many people were introduced to cryptocurrency not from the industry or professional institutions, but from TikTok videos, MLM projects, and anti-fraud propaganda.
Therefore, I personally believe that although the early high-return bonus period due to information asymmetry has disappeared, the benefits of the bonus period are being carried out in an orderly manner as the larger market gradually matures.
We need to eat and live through this wave to achieve financial freedom.
#加密货币红利
