Do you still remember those fans you gathered for private equity back in the day?
CH途中说欢哥
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Let's get everyone pumped up! This is a screenshot taken when I bought over 100,000 ADA for more than 20,000 during the bear market of 2020, showing 2 million at the time. I want to share my feelings since trading spot has begun; having gone through several bull and bear markets, the biggest insight is that it's more important to view spot trading from a macro perspective rather than focusing on the micro fluctuations. Entering during deep bear markets and despair, and exiting during euphoria, for example, BTC in 2020 dropped from 6000 to 4000. At that time, from a micro perspective, many thought it was over. However, if you look at it from a macro perspective using weekly and monthly charts, those were indeed the bottoms. Therefore, we should approach spot trading with the cycles of bull and bear markets in mind. Besides watching the timing of entry, we should also consider whether a coin can survive in a bear market.
This is why I am optimistic about this NIGHT project created by the same ADA team. I believe the biggest highlight of NIGHT is that it retains privacy while being compliant. Unlike traditional privacy coins, it is not completely anonymous but uses zero-knowledge proofs (ZK) and selective disclosure to protect data while also proving compliance. It finds a middle ground between privacy and compliance, making it suitable for businesses and institutions.
Moreover, with its NIGHT + DUST dual-token model, NIGHT is more like a governance and equity token, while DUST is the fuel that consumes resources. This design has more long-term value than ordinary gas tokens.
If it can actually be realized, NIGHT may become a more trustworthy and privacy-protecting infrastructure in Web3, not limited to the Cardano ecosystem but capable of covering more chains. If this path can be successful, there will definitely be a big show ahead!
#night $NIGHT @MidnightNetwork {spot}(NIGHTUSDT)
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