OKEx recently launched a dedicated fund to promote Filecoin, the first was launched by Huobi, and Revolut, a British digital bank, recently announced the addition of 11 cryptocurrencies that users can buy and sell, including Filecoin.
These are the famous words that confirm the capital circle: “Capital flows to respect his place,” more and more capital with the feet, little common perfect Filecoin ecology, also suggests that everyone is bullish on Filecoin project, see the project has the dual attributes of the financial industry and attribute, the fusion of two attributes, will profoundly change the world economy operation mode and model, It also proves that Filecoin is special as a basic blockchain project with practical application.
Filecoin participates in three ways:
The first is ecological construction in the downstream of the industrial chain.
The second is to invest in exchanges in the middle of the industrial chain.
The third is mining up the chain.
The first is eco-building: eco-building is using IPFS technology and Filecoin’s network to research products and applications. OK, come in, not for mining, but for ecological construction. Alibaba, Huawei, JINGdong and other Internet giants we mentioned before are also ecological construction.
Why is that? Because these giants have a lot of resources, when their products come out, I believe it will be a surprise, shocked everyone.
The second kind of exchange: fry money and hoard money. It is not recommended to stir-fry coins. You can hoard coins at any time, but the biggest risk of hoarding is that you can’t hold them. The more you look at the price every day, the more you can’t hold them.
The third kind of mining: it is the simplest, safest and most profitable.
There’s a difference between hoarding and mining
It is not only the number of coins, but also whether hoarding can be held. This is a key mindset issue. Take Bitcoin for example. You may hoard coins at $0.08 and sell them at $0.80, making a profit, but now the price of $50,000 is irrelevant to you. What about mining? Even though 0.8 dollars sold, but now 50,000 dollars or coins, so, mining to the top of the pyramid coin circle.
The world is fair
A lot of people were afraid to invest $20 or $30 in the early days. Because I could not see the hope, at that time, the coin circle was a bull market, bitcoin, Ethereum are soaring, all kinds of project coins are soaring, and FIL currency is at 20 to 30 DOLLARS, stable than stable currency, currency price is not rising. As a result, many people in the market are saying, “Filecoin has made multiple times the money since mainnet launched and is ready to run away, so there is no future for Filecoin.”
Early participants have lower costs and, at the same time, take on a lot of uncertain risk, with high returns, which is normal. So, the world is always fair.
Looking back now, we should reflect: when we saw the price of FIL at $20 to $30, we didn’t see much hope for recovery in ten months. And now? In the same way, everyone has a pair of eyes, but not everyone is discerning.
If we look at the present in the future, it is still the early stage of Filecoin, because if we extend the date of the K-chart of FIL coin price, it is still at the bottom, and the price will be higher in the future. So you didn’t participate in the early stages of Filecoin, and then you came in when it really exploded?
When will the outbreak begin?
When a large amount of real storage data comes in, there’s a burst. What the breakout period is, it’s pretty much risk-free, but you don’t have much profit margin either.
Just like we invest in real estate. When entering the market, you can be sure that the FIL currency has stabilized at a very high price.
What is the greatest opportunity for us ordinary people? Just go ahead and blog as much as you can before the outbreak, and wait patiently for IPFS/Filecoin to give you a satisfactory answer, a satisfactory result!