Recently, DNX has increased from 0.1U to 1.1U. The historical high was 1.3U. In August, it dropped to 0.5U. Now it is back to 1.1U.
I will share with you the benefits of DNX that I know
1. DNX is currently the target selected by F2Pool. We should trust the personal judgment of some Shenyu. After all, he is a veteran in the mining industry.
2. Many people say that DNX is a Chinese project, but recently I heard that they have hired AI doctors to test it. DNX can indeed help many AI models to run and test, and help AI developers complete the training of AI. The Chinese project mainly involves Sumitomo and his team, but in fact, Sumitomo and the others are only one of the followers of this foreign project, not a domestic project.
3. In the future, computing power will be the oil of the digital world, electronic oil. I bought RNDR for 6 years and when I was communicating with a group of friends, they recommended me DNX. I was skeptical at first, but after reading the internal information disclosed, I found that DNX is indeed the best currency in the field of AI at present, just like It is the same rendering power of RNDR in CG scenes. It’s just DNX’s computing power in AI, and RNDR’s computing power in the Metaverse and CG games.
4. Borrowing words from Twitter’s core propagandists, Bit Jin and Han Paopao:
Nvidia, which benchmarks the web2 world, has a market value of one trillion US dollars
Comparing the Ethereum ecosystem, which has long dominated the graphics card market in the web3 world, it has a market value of US$500 billion.
DNX’s computing power today has exceeded that of ETC, but its market value is only a few tenths of ETC’s. At the same time:
At present, all the graphics card companies in the world have caused the switch from POW to POS mining in Ethereum. The graphics cards are owned by the mine owners and have no coins to mine. The graphics card companies will not go bankrupt and the mine owners will sell them at a low price, right? Even if DNX is just a bubble narrative at the moment, it has greatly satisfied the needs of mine owners and graphics card manufacturing companies!
It fills the needs of graphics card miners with a market value of tens of billions who have no coins to mine but are hoarding, idling, and have low revenue efficiency!
Whether DNX is a speculative narrative, AI is still early, or DNX is a real industry, it is even early days. I have already said that value investment that transcends cycles is the biggest scam value! So what I focus on is that the period from the bear market to the peak of the bull market in the next few years, at least this cycle is fertile and ideal soil for currency prices to rise. In the cycle from now to the future bull market——
DNX is still on an upward trend during its life cycle
Okay, I’ll add the last picture and I won’t post it for now. If you are interested, you can search it by yourself. I will mainly say:
DNX today occupies 23% of the current mining graphics card computing power market, and aspires to be the first in mining computing power!
Then, let’s talk about the shortcomings of this coin, so that even if it returns to zero in the end, you will know the current problems of this project:
1. There is no safety audit, and the personnel are not disclosed. It has been delayed and delayed. I am more worried about this aspect because
Not investor-friendly, and thinking of the carelessness of the eos founding team. There is a possibility of a scam (if you invest 5% of the position, 10% is fine, don’t invest too much)
2. At present, there are no technical experts preaching and promoting this project. It is mainly currency speculators who have a "misinterpretation" of this project similar to mine.
Finally, to borrow the words of Bitjin:
DNX changes from 1 dollar to 500 dollars, with a market value of about 50 billion US dollars (because the total amount is only 110 million). If DNX really
It has achieved the AI computing power necessary for many AI companies. So it’s good that DNX actually enters the top 5 in the currency circle.
Additional: Please only buy coins with a value of less than 200 million U.S. dollars. The reason for the 100-fold gain in 2018 is because the market value is 100 times higher from a few million to a few hundred million U.S. dollars. Nowadays, many projects are valued at 1 billion U.S. dollars. That’s why Slowly dilute the currency price, and then slowly ship the currency, the currency price keeps falling
Additional 2: Don’t buy value coins from the last cycle. This is because I am really bullish on heavy positions even if they are like RNDR. But there is no escape from this problem, because 70% of the value coins in the last cycle are in the hands of retail investors, and no dealer is willing to do anything with these coins? The cost is too high to buy them all at a high price. I won’t drive them anymore. I’ll buy them with new coins. DNX is a very light car! So although I bought rndr and dnx at 1:1, for reference, my previous investment in Mana leading land was only 10 times, and I looked down on the second sandbox land and ended up with sand land a hundred times. Of course, the narrative cycle of the metaverse is over. Now both sandbox and mana have dropped more than ten times or a hundred times. Now the market value of the two is almost the same. Even in the next cycle, it is not recommended that you play mana. It is recommended to play bitmap of the land that has not been pulled before. Why? The land is very cheap, and it is worth the same amount of money for the banker to better control the market and pull the market - speculate on the new rather than the old.
Finally, DNX himself thinks why it is still not worth entering the market right now:
1. Because of the 312 plunge, this most important drop has not yet appeared on Dragon King Bitcoin.
The most important big plunge in the entire currency circle has not yet occurred, which means that dnx still has cheaper chips.
So to sum up:
If you have 1 million principal, you are only allowed to buy 10% of the position on DNX, because loss is a high probability
Then this 100,000 investment must be invested in installments. You can only invest 20%~33% of the bottom position in DNX, and then see its benefits. If it does not fall, don’t invest until the bull market starts and you have already felt it, then invest 33 %, never invest in the last 33%. Even if dnx raises you to 500 or one dollar, don’t chase it. Why is this 33% called Livermore’s saying, always have the principal in hand!
In the second case, you bought 30% and 312 really came, cutting it in half! Hey, then you just invest 40% of the capital, and then don’t invest 30%, just wait, and hold the principal forever.
Finally, please double the principal and pay immediately. We also want to buy it for zero yuan. Always pay the principal, you must never say:
Oops, my ordi|ETHS|DNX is too small, only 1000, 2000, less than half, only 500 or 1000.
Please do not! Because of the fact that for example, ordi, the $29 did not come out, but dropped to $3 today, which is equivalent to missing a zero!
If I cashed out 70% at that time and the price went up, I would still be happy with 30%.
But just because I believe in value investing every time I cash out, if I cashed out 10% of the money at that time, I can buy back all the remaining coins today! Why not cash out half of it then?
There is no loss of principal but the net profit is taken back ten times. In fact, people cannot accept it.