November 8, 2023 Grandpa clocks in
Today BN launched the Web3 wallet, and OK has also been deploying the Web3 wallet for a long time before. Including the hype of Brc20, it can basically be operated with an on-chain wallet. The so-called Web3 wallet is actually a hot wallet, but it has an account that can be generated manually. It seems to be "bound" to the exchange account, but in fact it is not. Here I would also like to remind everyone that since it is a hot wallet, you must back up the mnemonic phrase or private key yourself, and do not use cloud backup or network transmission. Otherwise, when your mobile phone data is lost, you will not be able to restore this Web3 wallet account. .
This Web3 wallet is a very successful and effective solution to account management and on-chain assets. After all, for a newcomer, understanding and managing private keys is a troublesome thing. However, since the exchange account is still in Web2 mode, I I guess there will be many people who lose their assets because they don’t have backups. In any case, judging from the integration of Web3 wallets into trading platforms, the future development of the crypto community will also focus on lowering the threshold for new entrants. In the foreseeable future, with the influx of more users and funds, the number of cryptocurrencies will increase. Both market value and price can reach new heights.
As for the market, it has reached a relatively calm stage in the short term, which also means that the impact of funds is reduced. The subsequent rise of the overall market must rely on the big pie or the second pie to break through the pressure first and rise. In terms of direction, this wave of rise in the pie is driven by real funds, and judging from the performance of the copycats, this time it is a comprehensive action of funds, so the probability of continued breakthroughs is still high, but I think we need to be cautious in the short-term market. a little. From the perspective of market sentiment and capital, a short-term retracement to gain momentum is a more reasonable trend. Of course, it should not fall too much. A normal retracement will not give too low a chance to get on the market.
Today, several platforms have launched Sats again. Because the hype of Brc20 is still something that only a few people are interested in, the short-term increase is very large. The previous climax ended after Ordi was launched. The same Sats is also very risky. You can participate in short-term hot spots, but my suggestion is not to take heavy positions, because you have already pulled so much, and the profit from getting up early is a lot, so it is not very cost-effective to participate now. In the B circle, there will be new hot spots and sudden wealth stories from time to time. We will definitely miss many, and there is no need to regret it. The important thing is to survive in this market, and then wait for other opportunities to come to you.
Thanks for following and liking. #Web3钱包
