3 種值得忽視的加密貨幣討論

如今，似乎每個人都對比特幣（BTC 1.41%）Solana（SOL 10.16%）和以太幣（ETH 2.20%）等主要加密貨幣有自己的看法。

As everyone seems to have an opinion on major cryptocurrencies like Bitcoin, Solana, and Ethereum these days, it can be difficult to know what to pay attention to. Especially if you're not directly involved in the cryptocurrency sector, orienting yourself correctly and keeping your focus on the factors that actually matter can be quite challenging.

如今，每個人似乎都對比特幣、Solana 和以太坊等主要加密貨幣有自己的看法，因此很難知道應該關注什麼。特別是如果您沒有直接參與加密貨幣領域，那麼正確定位自己並將注意力集中在真正重要的因素上可能會非常具有挑戰性。

So let's take a look at three types of chatter that are worth ignoring rather than engaging with as part of your investing process.

因此，讓我們來看看在投資過程中值得忽略而不是參與的三種類型的閒聊。

1. Pay No Mind to Major Sales by Governments, Companies, or Individuals

1. 不要在意政府、公司或個人的重大銷售

It's reasonable for people to pay attention when a major global player, like a government, decides to exit its holdings of a cryptocurrency. Such players often command vast sums of assets, and it's obvious that selling off those assets all at once will have a detrimental impact on the market value of the associated coins.

當政府等全球主要參與者決定退出所持有的加密貨幣時，人們的關注是合理的。這些玩家通常擁有大量資產，很明顯，一次性出售這些資產將對相關代幣的市場價值產生不利影響。

Take, for example, Germany's decision to sell $3 billion worth of Bitcoin it came into possession of via asset seizures in June 2024. Aside from being the talk of the cryptocurrency town square for at least a few weeks, it also may have put a serious dent in the king cryptocurrency's pricing, at least for a while. A prospective sale by the U.S. government of roughly $6.4 billion in Bitcoin that could occur this year could easily have a similar or even greater detrimental impact.

例如，德國決定出售其在2024 年6 月透過資產扣押獲得的價值30 億美元的比特幣。 。美國政府預計今年可能出售價值約 64 億美元的比特幣，很容易產生類似甚至更大的有害影響。

Sales by whales in other cryptocurrencies like Ethereum are rarely on the same scale as those by governments, but they still make headlines. Individual large holders selling a mere $33 million in mid-January of this year are gathering attention, even if the price impact isn't as significant as with Bitcoin.

鯨魚對以太坊等其他加密貨幣的銷售很少與政府的銷售規模相同，但它們仍然成為頭條新聞。儘管價格影響不如比特幣那麼大，但今年 1 月中旬僅出售 3,300 萬美元的個人大持有者引起了人們的關注。

Still, these discussions are not worth following up on. In the long run it doesn't really matter which players were selling or when. Thus, as an investor, keep your attention on the longer view rather than on what a few big investors are said to be doing.

儘管如此，這些討論仍然不值得繼續下去。從長遠來看，哪些球員或何時出售並不重要。因此，作為投資者，請將注意力放在更長遠的觀點上，而不是關注少數大投資者的所作所為。

2. Don't Get Bogged Down by Talk of Forking Chains and Other Technical Matters

2. 不要因為談論分叉鍊和其他技術問題而陷入困境

The distributed nature of blockchain networks as they're realized in Bitcoin, Ethereum, and Solana is that if the validators of the network disagree about some fundamental attributes of their protocols, they can fork the chain and start a new project.

在比特幣、以太坊和 Solana 中實現的區塊鏈網路的分散式本質是，如果網路的驗證者不同意其協議的某些基本屬性，他們可以分叉鏈並啟動一個新專案。

Such forks have happened numerous times in the past to both Ethereum and Bitcoin. You may have heard of these forked versions at the time, and it's possible that you even hold a few of the forked coins.

過去，以太坊和比特幣都曾多次發生過此類分叉。您當時可能聽說過這些分叉版本，並且您甚至可能持有一些分叉幣。

But if you're a typical investor who's holding these cryptocurrencies indirectly, through your financial institution or via an exchange traded fund (ETF), there's simply not much need to entertain much of the casual discussion around the possibility of new forks occurring. It isn't something in your control, and there's a lot more talk about potential forks than there are actual forks -- not to mention the extreme rarity of forks that go on to outperform the original.

但是，如果您是透過金融機構或交易所交易基金（ETF）間接持有這些加密貨幣的典型投資者，則根本沒有必要對發生新分叉的可能性進行過多的非正式討論。這不是你可以控制的事情，而且關於潛在分叉的討論比實際分叉要多得多——更不用說性能超越原始分叉的極其罕見了。

3. Steer Clear of Anything Pertaining to Short-Term Price Action

3. 避開任何與短期價格行為有關的事情

Much like with stocks, it's always very tempting to indulge the desire to want to learn more about the recent changing in price of your favorite cryptocurrency investments. The experience of gathering information about what's happening with prices right now tends to be addictive because of the financial implications of the data you find. After all, the prices change every day, and you want to be an informed investor so as to avoid losses.

就像股票一樣，人們總是很容易沉迷於想要更多地了解您最喜歡的加密貨幣投資的近期價格變化的慾望。由於您發現的數據對財務的影響，收集有關當前價格變化的資訊的體驗往往會讓人上癮。畢竟，價格每天都在變化，您希望成為知情的投資者，以避免損失。

The correct way to do that is by looking at a price chart for a minute or two; I suggest that the chart should depict a period of at least one year at a minimum so as to help with focusing on the long-term performance of the investment.

正確的方法是查看價格圖表一兩分鐘；我建議該圖表應至少描述至少一年的時期，以幫助專注於投資的長期績效。

If you are taking more than a few minutes to pore over charts, you are at risk of overtrading, as nearly all short-term price data, and discussion of it, is noise. The more you zoom in your time horizon, the more likely you are to fixate on the importance of random fluctuations that have little to do with the investment thesis for holding a specific coin.

如果您花費超過幾分鐘的時間來研究圖表，那麼您就面臨過度交易的風險，因為幾乎所有短期價格數據及其討論都是噪音。你的時間範圍越放大，你就越有可能專注於隨機波動的重要性，而隨機波動與持有特定代幣的投資理論幾乎沒有關係。

So don't do it. Commit to holding your cryptocurrency investments for at least a couple of years, and check the price of your coins once per week to start. Remember, looking at the price or reading articles about price action doesn't actually change it.

所以不要這樣做。承諾持有您的加密貨幣投資至少幾年，並開始每週檢查您的加密貨幣的價格。請記住，查看價格或閱讀有關價格行為的文章實際上並不會改變它。