Topic: 10 times UFO, live up to expectations-future value continues (Read 172 times)

The current cryptocurrency market is cold and miserable, and UFO quickly became a popular influencer in a short time. It has become a global hot topic for a while, maintaining its unique viability in the cryptocurrency market in such a cold winter. Before the press release, UFO's latest transaction price on bkex was 2.92 usdt, and the highest price reached 3.2 usdt. The highest increase yesterday reached 90%. A month ago, the UFO OTC price was 0.3 usdt, and the cumulative price doubled by 10 times. This article
It will analyze the operating logic of UFO, whether there are pits behind the rise and fall of coins, and the correct posture of treating ufo as an investor.

One: What is UFO?
1. Project establishment
1, 1 direction:
》 Atomic exchange, anti-quantum, lightning network, Turing complete smart contract system, anonymous payment.
1, 2 technical characteristics:
》 Based on Mimblewimm protocol: hide transaction amount and identity sender and receiver, and no address
》 Adopt X17r algorithm: X17R algorithm is a deformation algorithm after X11, X13, X15, X17.
》 With better scalability and privacy.
1, 3 Sources of development funds:
》 No ICO, no pre-mining, no early investment, and developer community accepts donations.

2: Token mechanism
》 The community is completely autonomous and completely free.
》 The total amount is 10.5 million, and blocks are produced in one minute. The maximum output is 7200 pieces per day. It is scarce enough, which is currently difficult to see in the entire blockchain industry.

3: Development status
》 There are currently 7 mining pools supported: 666pool, zettapool, 666ufo, 52hash, Alienspool, TOP, VIP.
》 At present, there are 3 exchanges listed on UFO trading, including: exx, bkex, hotbit, and HUBI exchange has opened UFO wealth management.
》 UFO is included in CoinMarketCap, the largest and most authoritative information collection platform in the world (acquired by Binance), including CoinGecko, CoinCheckup (algorithm scoring system), and coincodex. These have strong authority in the field of cryptocurrency.
Project summary: UFO has developed so rapidly, technological progress, anonymity, and scalability are the highlights of its own products, which meet the market demand. The project has no ICO, community autonomy, has the inheritance of the Bitcoin spirit, and meets the needs of faith. Behind the promotion of the big brother (Head Wang) to meet the hype demand point.

Two: investment evaluation
1. Value analysis
UFO satisfies the market demand, is supported by faith, and is a hot topic. But the market in 2020 does not seem as optimistic as everyone thinks, and the world's major financial markets are in collapse. Carefully found that the flood of projects is rampant. But it will slowly be discovered that the hard-core project will always maintain its survivability. UFO has demonstrated its strong survivability throughout the ice age in the entire market. Anonymous coins such as UFO have a very strong market demand, and the issuance mechanism is very scarce.
At the same time, on April 16, the two exchanges BKEX and HUBI launched UFO-related financial plans at the same time. What does the exchange want to do? This is unknown, but from the action of the exchange, it can be seen that the UFO attention is much higher than the actual one, and the exchange users are supporting. Be bold, at least users give the exchange confidence.
In a month, if you witness UFO from 0.3usdt to 3usdt, you will have a deep experience. So what did not witness, to give you a torture from the soul, how much air coins and altcoins have you experienced in a month?

2. Fault tolerance
The fault tolerance rate is easier to show in a bear market. When the market has sufficient funds, in the bull market, even if you make a mistake, the market will correct the error and even give you a chance to make a profit out. When the market is short of funds, the market will give you a head in a bear market decline, beating your teeth. In a bear-tolerance environment, hard-core projects are easily overlooked by the market.
So is the bear market no longer speculating? By no means, it's just that the focus of the bear market is not "getting rich overnight," but more attention should be paid to "the stability of funds and the long-term growth". And now that the market is at the point of the bull-bear line, it is even better to abandon the air coins in your hand and focus your attention on hard core projects.

3. Belief + consensus = future
UFO is at the cost line of miners at the current price, which is why UFO can become one of the hard-core projects. It is impossible for major mining pools to mine UFO just to pay back, so the risk of digging a new currency is far greater than the profit. It shows that the consensus basis of the miner circle is very strong. At the same time, when you try to trade in BKEX, you will feel that there is no selling pressure at present. This shows what it means, and early coin holders also formed a consensus class. This is very helpful for UFO. There are two kinds of coins. Different levels of consensus, the two sides will form an opponent relationship. This will greatly facilitate the increase in currency prices.
Evaluation summary: Understand your own status in the market. From a general perspective, the hot spot performance of the entire market has been a continuous cycle of "starting, adjusting, rising, hitting, sideways." Whether it is suitable for you to shoot, how to position, and learn to grasp the market hot spots.