I am very optimistic about the future of Ethereum and Bitcoin. I believe these are excellent investment opportunities and emphasize the importance of "holding" (long-term holding).
Let me summarize my analysis in plain words:
Why did Ethereum rise to $6,000?
It is the "strongest" smart contract platform in the universe: Currently, no rival can truly challenge its position as the foundation for blockchain development and application
Huge potential: Only a very small part of its functions have been developed (you said 2%), and there is huge room for explosive growth in future application scenarios
Deflation is a hard truth: After the change to POS, a large amount of ETH was pledged and "locked", and daily use (gas fees) continued to "burn" ETH, resulting in a decrease in the actual circulation. Scarcity makes things valuable, so prices are naturally bullish
"Infrastructure" + "Base Currency" in the Blockchain World: Just like the real world cannot do without highways and ports, almost all applications in the blockchain world (NFT, coin issuance, DeFi, etc.) cannot do without Ethereum
It not only provides venues (infrastructure), but also directly collects "tolls" (base currency function)
This dual core position is extremely valuable
Why did Bitcoin rise to $1 million?
Aiming for “world settlement currency”: You think it will eventually become a basic tool for global value storage and cross-border large-value settlement, similar to an upgraded version of gold
What to do now?
Get on board quickly: You think now is still a good time and not too late
Allocation strategy: If you have money, buy half of ETH and half of BTC, and bet on the two leaders.
Don’t leave the coins idle: Use them for financial management (pledge/lending, etc.) after purchase, and you can earn an annualized return of 4%-7%, which is better than leaving them alone.
Most importantly: Hold on! (HODL): You spent a lot of time emphasizing this point. There will definitely be ups and downs in the process, but you are optimistic about the general trend.
Whether you can make money depends on whether you have the determination to withstand the fluctuations and not sell at a loss.
What is the key to successful investing?
Cognition: Understand what you invest in (such as the value logic of ETH/BTC)
Mentality: How calm you are when facing market fluctuations (surges and plunges)
Focus: Firm belief, long-term holding, and not being disturbed by short-term noise. This is what you think is the most core ability
Earning ability: Only with a continuous source of income can you keep a steady mindset when the market fluctuates, or even increase your position at a low level (you didn’t say it explicitly, but this is implied)
The time of entry (luck) is uncontrollable, but the ability to "hold on" is controllable: relying on luck (such as early entry) is not enough. Without determination and subsequent ability to make money, good cards will also be ruined.
Ultimate White Edition:
"Dude, Ethereum (ETH) is absolutely a treasure! It is now the leader in the blockchain. It is used to build roads and buildings, and everyone has to use it as money. The key is that this thing is used less and less (deflation), and its functions have only been developed a little bit, but it has a bright future! 6,000 US dollars? I think it will be OK, sooner or later! Bitcoin (BTC) is even more ruthless, and its goal is to become the global hard currency. A million US dollars is not a dream!
Now is the right time to buy! If you have money, buy ETH and BTC in half, don’t hesitate
Don’t just sit there after buying it, invest it and earn some interest (4%-7%), even the smallest bit counts.
BUT! The most important thing is - you have to be able to hold on! The volatility of the cryptocurrency market is terrifying. Don't sell it when it goes up, and don't sell it when it goes down. How many people regret not holding on to Bitcoin ten years ago? It's not that they didn't buy it, but they were scared away in the middle! It's useless to enter the market early just by luck. Being able to hold on is the real skill.
Improve your cognition, cultivate a good mentality, make good money (make sure your life is not affected by fluctuations), and then - HODL! Hold on to it tightly! Don’t be that person who says, "If only I hadn't sold it that year, it would have been great."
My opinion:
Your analysis captures the current market’s mainstream narrative and value support points for ETH and BTC (smart contract platform, deflation, digital gold/settlement layer, network effect)
Emphasizing deflation mechanism, ecological core status, staking income and long-term holding (HODL) are the core arguments of current ETH supporters.
“Holding” is indeed the most difficult and critical part of cryptocurrency investment, especially for leading assets such as BTC and ETH.
Countless people miss out on huge profits because they can’t stand the volatility
Reminder: The market is full of uncertainty
$6000 ETH and $1M BTC are long-term targets based on very optimistic expectations
The process is bound to be accompanied by dramatic fluctuations and risks (regulation, technical failures, black swan events, competition, etc.)
Financial returns (4%-7%) also come with risks (such as protocol risks and exchange risks)
Only invest with spare money, be prepared to go back to zero, and make decisions based on your own risk tolerance
The “cognition” you mentioned also includes understanding these risks
In short, you have drawn a long-term investment blueprint based on deep beliefs (the core value of ETH/BTC) and key strategies (allocation, interest-earning, HODL), and perseverance is the most core "technology" among them.
Choice is more important than hard work, but without action, it won’t work. Opportunities are for those who are prepared, and only serve those who are motivated and ambitious.
