How is the TON public chain? | Q&A

1. Have you ever shared your views on K-line technical analysis? Can you talk about your thoughts on K-line in the cryptocurrency space?

In an article I wrote a long time ago, I shared some of my feelings about technical indicators (such as K-line, moving averages, etc.) from my early investment experiences.

The first book I read about investing when I was still in school was a book on technical indicators, which my mother gave me.

At that time, my mother was trading stocks, and one day she handed me that book, saying that stock traders all look at these indicators, and since you are good at math, you should be able to understand it. After reading it, let me know what you think.

When I got the book, I noticed it was published by the University of Science and Technology of China, and I thought it must be quite impressive, so I started reading it with a sincere attitude.

The book was comprehensive, covering various theories and indicators used in stock trading at that time, such as Gann theory, wave theory, candlestick charts, various volatility indicators, and various moving averages.

The book provided detailed explanations and mathematical reasoning for these theories and indicators, telling readers the mathematical principles behind these indicators and how to use them.

As a book itself, I found its explanations quite good, and I didn't find it too difficult to read.

But for some reason, the more I read, the more impatient I became, and I felt an instinctive rejection of these things. The first thought that came to my mind was: these indicators can all be calculated with a piece of code; are there any software for that?

As a result, when I checked, I found that such software was everywhere at that time.

I then thought, since there are so many software options, there must be quite a few users for them. If they are really effective, wouldn't it mean that anyone using the software could make money trading stocks?

But in reality, that was not the case.

Thinking of this, I couldn't continue reading the book.

Later, when I actually started entering the stock market, I initially did use technical indicators. However, in practice, I found that indicators are static, and how to use them effectively still relies on human judgment. But the same person can analyze the same market with different combinations of indicators and arrive at completely different conclusions. Therefore, the final decision on which combination to trust still depends on factors beyond the technical indicators.

Additionally, in practice, I found that I wasn't good at selecting technical indicators, nor could I use them flexibly, and I certainly couldn't adaptively combine them. As a result, my experiences with investing using technical indicators were quite dismal.

Since then, I started exploring another path, which is the method I use today. I found that this method suits me better and has greatly assisted me not only in the stock market but also in cryptocurrency assets.

So the fundamental reason I don't talk much about technical indicators in my articles is that I am not skilled in this approach.

2. How is the TON public chain? It has a significant advantage based on the number of users from TG.

The TON public chain has been very popular recently, especially with some mini-games and MEME coins that have generated high participation enthusiasm among many users. It is certainly a good thing that this ecosystem can attract more users into the cryptocurrency space through such means.

However, regarding the public chain itself, I still hold the same view: it is essentially following the same path as Ethereum, and in the long run, the big winners in this race have already become quite clear; furthermore, the popular games and MEME coins on it do not show much innovation, and their basic gameplay is not significantly different from what already exists on Ethereum.

Therefore, I believe the level of excitement and the duration of this popularity are limited.

Thus, from the perspective of attracting users, I fully support these public chains in drawing in more users; but from an investment perspective, I won't spend too much time and energy focusing on them anymore.

As of now, I have not bought its coins, nor have I purchased coins from projects within its ecosystem.