How to recognize true gods with fire eyes – Bitcoin expert

Due to the characteristics of virtuality, openness, autonomy, indirectness, anonymity, and diversity in online communication, it is particularly important to identify the true Bitcoin experts from a large amount of data.

True Bitcoin experts have a thorough understanding of the principles of blockchain technology. They can easily explain the working mechanism of Bitcoin, such as how hash functions ensure transaction security, and how distributed ledgers record and verify transactions. For example, experts can provide detailed explanations on how miners use complex mathematical problems to verify transactions and earn rewards during Bitcoin mining, as well as analyze the advantages and disadvantages of different mining algorithms in depth.

I also have in-depth insights into the updates and improvements of the Bitcoin protocol. For example, compared to technology upgrades such as Bitcoin’s Segregated Witness and Lightning Network, experts can explain their specific impact on network scalability, transaction speed, and security.

A Bitcoin tycoon usually has outstanding long-term investment performance and can achieve steady asset growth in the ups and downs of the market. They do not rely on luck to make huge profits in the short term, but on reasonable asset allocation and risk control. For example, during periods of significant fluctuations in Bitcoin prices, they can reduce losses through hedging strategies or reasonable position adjustments.

The investment strategy is clear and reasonable. Big shots will formulate strategies based on macroeconomic conditions, changes in policies and regulations, and the supply and demand dynamics of the Bitcoin market itself. They are not blindly following the trend, but have their own independent judgment. For example, when some market news leads to an irrational rise in Bitcoin prices, they can analyze whether this is short-term speculation or a fundamental value increase, and decide whether to take profits or continue holding.

When sharing opinions and suggestions, experts rely on reliable sources of information. They will indicate the source of the data, such as citing authoritative blockchain analysis institutions’ data, well-known financial media reports, etc. Will not spread unverified rumors to mislead others.

Their investment behavior and operations are also relatively transparent. Although not revealing all the details, I will roughly share my investment philosophy and direction, so that followers can understand its operational logic.