Recently I found the forgotten wallet in KeyBase, it has about 300USD amount of XLM (Stellar) on it.
Just have some thoughts about current Blockchain Industry, now cryptocurrencies have 3 focusing areas.
mindmap
root((Blockchain))
Value Based
BTC
meme coins / shit coint
Payment Focused
XRP (Ripple)
XLM (Steller)
DeFi / Smart Contract Focused
ETH (Ethereum)
SOL (Solana)
Payment Focused is targeting banking network, to use blockchain technology to provide fast and cheaper payment network
DeFi/Smart Contract, is most complicated blockchain network, it is more like a giant decentralized computer, it is targeting to replace traditional finance system, such as insurance and stock exchange.
Value based, is the simplest one, it is either similar to Bitcoin, mining, producing, trading or some memo coins / shit coins, which have no real values with very high volatility.
One thing people may forget is that the BTC volatility is actually lower than many stocks nowadays, it stays about 45 now, which is lower than many stocks, for example PLTR.
Lower volatility means the value for long term investment is higher, this is sort of a moment that for me personally to change my thoughts about Bitcoin, I haven’t checked BTC price until end of last year (my previous BTC trade was in 2017 to change my remaining BTC to USDT). In my option, it turns to a medium volatility investment option, not as low as Gold or SP500 Index, not as high as new IPOs or new companies in trending areas.
Will I all in BTC? No. However, I will keep a percentage of portfolio for it to balance the return and risk. There is one article from Man Group – Volatility is Back: Better to Target Returns or Target Risk?, it may take you 15 minutes to read it, but it definitely worth it if you haven’t heard about Volatility Target Re-balance.
Update:
I wrote another report about BTC Price Cycle, in this analysis report, now it is not the time to long BTC in short term.