Recently, our company has a project based on the IPFS protocol. Let me explain it to everyone; it really is an incredibly powerful protocol! IPFS is a protocol for distributed storage, in contrast to the well-known HTTP protocol (which is for centralized storage). Let me try to explain how great distributed storage is: 1. Files are split into fragments and stored on different physical media, which naturally solves privacy issues. Suppose a user stores a password; it will be split into different pieces. Even if you get half of the password, can you log into someone else's QQ? 2. Each fragment has a unique hash value, which is like a fingerprint. If a user stores two identical files, only one will actually be stored, which saves space. 3. IPFS cannot guarantee that your files will be permanently stored (in fact, permanent storage doesn't even make sense). If you want to ensure that your stored files are not regularly cleaned up, you need to pay with FIL tokens, just like you need to pay in RMB to buy Alibaba Cloud servers. The FIL tokens you pay are earned by miners, who are the ones providing storage devices. Isn't that interesting? You can delete files or stop paying at any time.
You can freely imagine the application scenarios. The development of something is never instantaneous. Back in the day, Ethereum came out and was worth a few cents, and nobody wanted it; now you can hardly afford it. With the popularity of Web3 and the development of artificial intelligence, there is a great need for such storage conditions. It is the first project that combines blockchain with physical entities, which is very significant. Even Bitcoin currently has few application scenarios, which is why Musk said that FIL tokens might surpass Bitcoin. I always believe that the cryptocurrency world will eventually return to value investment; a worthless coin, be it some ridiculous Trump coin or shitcoin, after a few rounds of bull and bear markets, will leave you with nothing. Believe it or not.
$ORDI I saw a statement yesterday that I think makes a lot of sense. Bitcoin will eventually reach one million, whether it takes five years or ten years. This is the consensus of everyone in this industry, and altcoins will eventually return to zero, except for perhaps a very few. My usual thinking is still stuck in the mode of the previous bull markets. I thought that as long as Bitcoin rises, the altcoin will double. This is extremely wrong. When you think about making a fortune, others have already predicted your prediction. Therefore, before most people get their money back, the coins will be brought down. Trump and the President of Argentina, these people issued presidential coins based on their fame. They saw through the nature of this circle and made a quick buck and ran away. They don't need any cost. When the heat of one is gone, they will issue another one. The whole circle is in a mess.
What is the meaning of life? Sometimes the more I think, the less I understand. Living may just be for my parents and children. If it weren't for them, I would have wanted to end it a long time ago. This boring life, have a great weekend!
911u Challenge One Million Day 12 Recently, I have come to understand a principle that I actually understood a long time ago, but I just haven't implemented it according to standards. Starting today, I will strictly execute my strategy. Every order is like going to war; as Sun Tzu said: 'War is a matter of vital importance to the state, the province of life and death, the path of survival and extinction, it cannot be neglected!' That's right, I am using the wisdom of my ancestors to engage in this gamble, let's call it the Sun Tzu Strategy; whether it succeeds or fails, we shall see!
911 Challenge One Million Day 9 Balance: 641 Practice has proven that buying more as prices drop and not cutting losses is not feasible; there is truth in that. One must pay a price to understand. Haha
911 Challenge One Million Day 8 Balance: 823 I have already started to lose capital, I said I wouldn't operate, wouldn't operate, but I still opened a position, this hand should be chopped off
911 Challenge One Million Day 7 Balance: 900u After going around in circles, I've returned to the starting point. Let's take a break for a while and think quietly.
911 Challenge One Million Day 6 Funds: Break 1000 Recently lowered the multiplier, last time the data that was hard to build up was wiped out by a sudden drop, it's really a pity, take it slow, can't rush, this is a long-term battle.
This morning, I encountered a stop loss due to a short sell. I originally planned not to participate today, but in the afternoon, ENA suddenly surged, so I chased in again. After chasing two orders, there was another sharp drop leading to a stop loss, making two days of effort go to waste. The summary of today's strategy has issues! Actually, after a big rise yesterday, it was certain that it wouldn't continue today; I should have paused to observe. It's all my fault for being impatient for quick success. Contracts are hard to trade, and I constantly remind myself that every order I place is like going to war; there is no draw, only win or lose, so I must be cautious and then cautious again. Sun Tzu said: "War is a matter of vital importance to the state, the province of life and death, the road to survival or ruin, it must be studied carefully!" I will take a break for two days before continuing!!!
911 Challenge One Million Day 3 Account Balance: Exceeded 1100u
not safe, ena safe, reef low risk, rat low risk
The reason for shorting reef is completely because it rose too much yesterday. I usually don't short in this situation, so let's consider it a loss and go to sleep.
911u Challenge Day 1 Starting today, I will keep a record of all my contract operations, regardless of success or failure, to give myself an explanation
Let's start with 911u, as there are only so many in my contract account, and I don't want to round it off
Operation: Open long positions on reef, sui, neiro