Note: This article comes from @0x_Allending ’s Twitter account. Mars Finance compiled it as follows:
This trip to Dubai is finally coming to an end. I can take some time to write some industry perspectives, which I hope will be helpful to you.
1. This dubai2049 is the best touchstone for projects that are about to issue coins, because you can directly see the marketing capabilities, industry resources and financial strength of each project. The crypto is a market where attention is priced. Projects that cannot market, have no allies and are stingy can be directly passed, no matter how powerful their background is.
2. I haven't looked at the market for a long time, because 80% of my positions are leveraged BTC and ETH, and 20% are blue chip small coins. This round of my secondary position building operation has ended, and the rest is to find an opportunity to stop profit. In the short term, there will be wide fluctuations (temporary suspension of interest rate hikes + intensified geopolitical conflicts), and in the medium and long term, it must be bullish! We must not forget our original intention. The worse and more absurd the centralized world is, the more expensive BTC and ETH will be!
3. I emphasize again that the best way to do things in a bull market is to All In all your money to earn beta and All In your manpower to earn alpha. I believe you have also seen my new company @Dbunker_Network . I have All In all my money and have nothing to do, so I founded Dbunker to use my resources to help everyone better participate in DePIN. In the future, we will work with many leading DePIN projects such as @ionet @AethirCloud @DIMO_Network and others are collaborating to launch simple and convenient financial products, you can pay attention to it.
4. I have always been focusing on industry hotspots. For Ethereum, I am looking at restaking, and for Solana, I am looking at DePIN. I have not paid much attention to BTC, because none of the current BTC layer2 narratives can impress me. The main reason is that I don’t know these dealers and I am afraid of being cut. As for runes, I asked the researcher kid of the fund to go for it, because I am too old to do it. I didn’t play with inscriptions before, so why did I let the kid go for runes this time? Because of the odds, my understanding of the relationship between liquidity and asset growth has improved recently.
5. All projects whose token value is based on the shovel logic are not valid in the bull market, except BNB (BNB is not entirely based on the shovel narrative). The reason is simple. The return rate of the shovel is easy to calculate. Under this model, the return rate determines the valuation of the shovel. Would you still buy a shovel with an annualized return of 10%? What the bull market needs is growth rather than fixed income. Moreover, not every shovel has Binance's strong monopoly position to support the return rate of its new assets. Once a new asset collapses, the shovel will collapse directly.
6. Are you still optimistic about Ethereum? Yes. Reason: I want to keep my title as the No. 1 ETH bull in Asia. I feel that @0xVeryBigOrange has been shouting louder than me recently. Just kidding, I think Ethereum has reached a point of prosperity. Whether it is the expectation for ETF, the ecological activity, or the on-chain activity, it has fallen to the bottom. And don’t forget, if there is another asset other than BTC that can be ETFed, it must be ETH.
7. I have been using my pocket money to buy memes and NFTs recently because my understanding of the relationship between liquidity and asset appreciation has improved, and the odds are good enough.
8. Dubai has great opportunities in the next five years, whether it is web2 or web3. The collapse of the Swiss image has led to Dubai becoming a new world financial free port. The population is growing continuously. As long as you buy a house for more than 2 million dirhams, you can get a 10-year golden visa. It is expected that the permanent population will double in 10 years. The return on assets is extremely high, and the rental-to-sale ratio is close to 0.1, which means that the house will pay back after 10 years of rental. The growth rate here is simply Southeast Asia + the payment ability exceeds that of Beijing, Shanghai and Shenzhen, and it is quite safe. If I were five years younger, I would definitely All In Dubai.
9. English is very important in the crypto, and it is never too late to learn it.
