In the world of cryptocurrencies, some individuals stand out in the wave of Bitcoin due to their unique vision and persistent dedication.
V God is a household name, but there is another figure who has had a profound impact on millions of small retail investors.
He is AHR999, known as 'Jiu Shen',
Jiu Shen was originally named AHR999. Because his forum ID was recognized by the system as 'AHR999' and his profound understanding of Bitcoin, everyone began to refer to him as 'Jiu Shen'. His investment philosophy and strategy have earned him widespread influence in the cryptocurrency circle.
AHR999 is a super believer in Bitcoin. He created an index called AHR999 to guide Bitcoin investors in finding suitable buying opportunities.
AHR999 believes that Bitcoin has the function of value storage and will be accepted by more and more people in the future, similar to gold or even better than gold. He suggests accumulating Bitcoin before it is fully accepted by mainstream society to achieve financial freedom.
AHR999's model contains two core elements: one is the fitting of historical Bitcoin prices, which predicts future price trends; the other is the 200-day investment cost, reflecting the current building cost in comparison with history. When the cryptocurrency price is below these two indicators at the same time, it is seen as a good time to buy or enter the market.
The specific application of the AHR999 index is as follows:
When the AHR999 index is less than 0.45, it is suitable for buying at the bottom;
When the AHR999 index is between 0.45 and 1.2, it is suitable for regular investment;
By analyzing the Bitcoin AHR999 index, we find that only 8.5% of the time is the AHR999 index below 0.45, which is the bottom buying range, a rare opportunity.
For 46.3% of the time, the AHR999 index is between 0.45 and 1.2, which is the regular investment range. This means that the period between 0.45 and 1.2 is our time to increase positions, and below 0.45 is when we can go all in.
In addition, the AHR999 index is derived by comparing the Bitcoin price with the 200-day investment cost and index growth valuation. This index helps investors determine whether the Bitcoin price is undervalued and whether directly purchasing Bitcoin is more cost-effective than long-term investments.
The success of AHR999 is seen as similar to high-return investments in real estate in major Chinese cities over the past 15 years. His viewpoint is that investing in Bitcoin is essentially a judgment of its future value. If one believes that Bitcoin will become a carrier of wealth for all humanity, then hoarding Bitcoin now is very valuable.
At the same time, Jiu Shen emphasizes risk control. He stresses that investors need to develop investment plans based on their risk tolerance, avoid blindly following trends or making impulsive investments, and not only focus on cryptocurrency prices but also pay attention to the applications and developments of blockchain technology. He encourages readers to actively learn about and understand industry applications of blockchain technology to better grasp the logic behind cryptocurrency prices.
Influence in the cryptocurrency circle
Despite Jiu Shen's high influence in the cryptocurrency circle, he remains humble and low-key. He often emphasizes that he is just an ordinary investor and not a master. He hopes to help more people succeed in the digital currency market through his efforts and experience.
Therefore, Jiu Shen has shared a large amount of content on the platform to help everyone enhance their understanding and make better investment decisions.
The content covers all aspects of Bitcoin, from investment techniques to market analysis, from blockchain applications to future trends in digital currencies, etc. His sharing is not only in-depth but also easy to understand and practical, making it highly favored and sought after by a wide range of investors.
However, just when his works were at their peak, a large-scale account banning action began in the domestic cryptocurrency circle, and Jiu Shen was also banned. He once said that if he was banned, he would never open a new account again, which led to his temporary disappearance from the cryptocurrency circle.
However, his high-quality content has been spontaneously organized and spread by netizens, continuing to influence more people.
Today, Jiu Shen has become a legend in the cryptocurrency circle, but the AHR999 index he created and his work: Hoarding Bitcoin have become the eternal guidebook for people in the cryptocurrency circle.
If readers have not yet read the book 'Hoarding Bitcoin', they can click on my profile picture to ask my assistant Yao Mei'er to send the code 999 to receive the electronic version.
