
Jerry Han
@jerryhan
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Recently, the on - chain activities on Ethereum L1 have been on the rise. There are several driving factors, and one of the most important is the growing adoption of stablecoins. Stablecoins have been the biggest hot topic in the entire cryptocurrency field recently. Ethereum is also one of the biggest beneficiaries, with the usage rate of stablecoins on the Ethereum network reaching an all - time high. Just in the past week, the number of active users exceeded 750,000 for the first time. In addition, there are other reasons:
1. With the growth of stablecoins, DeFi activities have also increased. The overall activity of various old and new lending, staking, trading, and PerP protocols has increased, which in turn has increased the trading volume on L1 and gas consumption.
2. In terms of L2, the overall activity is still developing. For example, the promotion of the Virutals ecosystem on BASE. In addition, Virtuals is also involved in L1. Transaction activities like these have increased the number of active addresses and gas consumption.
3. The previous Pectra upgrade has also played a promoting role. It allows validators to increase their staking amount from 32 ETH to 2048 ETH and supports the smart - contract functions of external accounts, etc. These have increased the trading volume on L2 and are also conducive to promoting on - chain activities on L1. 0 reply
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For everyone else, including Buffett, doing short-term speculation is like being a novice at the mercy of the market. So if you choose to increase or withdraw your investment based on predicting when the Israel-Palestine war or the Russia-Ukraine war will end, you're definitely a novice.
Did you expect Trump to suddenly launch an attack on Iran two days ago? When you saw both sides going all out and Iran daring to retaliate against the US military bases in the Middle East, and you thought that this would surely lead to a larger-scale retaliation from the US, Trump suddenly announced a peace agreement, saying that Iran was just pretending, launched a few symbolic missiles that were all intercepted, and had actually submitted.
Did you expect that? Don't be a Monday morning quarterback. Except for Trump, no one knows what will happen next. Although we can allocate our money in different investments, our focus should always be on betting in one direction, that is, "the world will eventually move towards peace". If we want to make money, we can only make money from peace.
How did we arrive at this conclusion? Through the process of elimination. First of all, you can't make money by constantly changing your investment strategies. Even Buffett can't make money that way. So, brother, don't even try. You're no match for the market.
Secondly, can we bet that there will always be conflicts in the world? The world tends to divide after a long period of unity and unite after a long period of division. Although there will definitely be a period of peace after a long war, conflicts will surely arise again when peace lasts for a long time and interests are unevenly distributed.
So since we can bet to make money from long-term peace, can we bet to make money from inevitable conflicts and gain assets during conflicts? Let's make a comparison. How do I make money from peace? It's simple. 0 reply
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I occasionally hear people say that when you have no money, you should take speculative gambles and seek quick riches; when you have money, you can then invest in safe ventures. Such words indeed cater to most people's psychology, reflecting what they want to express and have been doing.
But this is wrong. Whether rich or poor, one should always do the right thing. Seeking slowness is the way to pursue real progress, while chasing quickness leads to ruin. If you start in the wrong place and deal with the devil from the outset, the ending will never be good—luck doesn't favor such paths. True, occasionally someone rises through this, like winning the lottery, but these outliers should be filtered out first as exceptions.
These views will surely displease some, who may sneer or be sarcastic, and they definitely don't cater to the psychology of 99% of followers. 1 reply
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