了解加密貨幣市場的最終指南

本文將迅速介紹加密貨幣市場的組成。

For the first of many publications to be published on Red Pill, a swift yet detailed introduction on the cryptocurrency market’s composition. While a retail beginner looks to participate in the “crypto mania”, isn’t as simple as buying the first cryptocurrency you see in the gainer’s list on an exchange. To understand crypto and how the game is played, you must first understand the technology, societal contributions, and culture of each crypto asset and digital asset baskets.

為了使許多出版物中的第一本發表在《紅色藥丸》上，這是對加密貨幣市場構圖的迅速而詳細的介紹。雖然零售初學者希望參與“加密躁狂症”，但並不像在交易所在增益者列表中看到的第一個加密貨幣那樣簡單。要了解加密貨幣以及遊戲方式，您必須首先了解每個加密資產和數字資產籃的技術，社會貢獻和文化。

Bitcoin

比特幣

The father of digital assets and cryptocurrency, Bitcoin is the progenitor of a multi-trillion-dollar industry that is set to flip gold as the most valuable asset in the world. Launched in 2009 by an anonymous developer with the pseudonym “Satoshi Nakamoto,” its goal is to develop a trustless, permissionless, and decentralized peer-to-peer system that does not need a third-party financial institution for transactions.

比特幣是數字資產和加密貨幣的父親，是一個數万億美元行業的祖先，該行業將把黃金作為世界上最有價值的資產翻轉。其目標是由匿名開發人員於2009年推出，其目標是開發一個無信任，無許可和分散的點對點系統，該系統不需要第三方金融機構進行交易。

History:

歷史：

Function: Being the first crypto asset, Bitcoin was initially meant to be a currency for peer-to-peer transactions. As its value grew over time, it became a store of value due to its strict supply of 21 million that can’t be minted further. Additionally, since Bitcoin has grown from being a currency for peer-to-peer transactions, Bitcoin Cash ($BCH) became the alternative. However, like any other asset, people may transact using Bitcoin to this day.

功能：作為第一個加密資產，比特幣最初是作為點對點交易的貨幣。隨著其價值隨著時間的推移的增長，由於嚴格的2100萬供應而無法進一步鑄造，因此它變成了價值存儲。此外，由於比特幣已經從成為點對點交易的貨幣增長，因此比特幣現金（$ bch）成為替代方案。但是，像其他任何資產一樣，人們可以直到今天使用比特幣進行交易。

Culture: If anything, Bitcoin is the genesis asset of cryptocurrency. While other cryptocurrencies are called “tokens”, Bitcoin is a valuable asset that does not face the same scrutiny, volatility, and criticism compared to other tokens. Despite the FUD (fear, uncertainty, doubt), Bitcoin will most likely be the only cryptocurrency that will never go extinct and will always be the top cryptocurrency by market capitalization of all time.

文化：如果有的話，比特幣是加密貨幣的創世記資產。儘管其他加密貨幣被稱為“令牌”，但比特幣是一項有價值的資產，與其他令牌相比，比特幣並不面臨相同的審查，波動性和批評。儘管有FUD（恐懼，不確定性，懷疑），但比特幣很可能是唯一永遠不會滅絕的加密貨幣，並且始終是有史以來市值的最高加密貨幣。

Bitcoin’s influence started to creep from tech evangelist, to retail, small businesses, and eventually reaching larger markets such as billionaires, private financial institutions, and even entire governments. With the recent approval of the Bitcoin ETFs in Jan 2024, Bitcoin has legitimized itself to the world as a robust and progressive asset class.

比特幣的影響力從科技傳教士，零售，小型企業開始蔓延，並最終到達億萬富翁，私人金融機構，甚至整個政府等大型市場。隨著2024年1月比特幣ETF的最新批准，比特幣已將自己合法化為一個強大而進步的資產類別。

Before continuing onto the next section, I encourage everyone to take some time to read through Bitcoin’s simplified whitepaper: https://bitcoin.org/bitcoin.pdf

在繼續進入下一節之前，我鼓勵大家花一些時間閱讀比特幣的簡化白皮書：https：//bitcoin.org/bitcoin.pdf

Majors

專業

Major cryptocurrencies, also known as blue-chip cryptos, are your alternative tokens that lay the foundation of an ecosystem supported by their technology. These are usually layer-1 tokens that provide a way for builders to develop projects on their network, allowing consumers to interact with the ecosystem with a wide array of products. Prime examples of these majors are:

主要的加密貨幣，也稱為藍芯片加密貨幣，是您的替代令牌，它奠定了其技術支持的生態系統的基礎。這些通常是第1層令牌，為建築商提供了一種在其網絡上開發項目的方式，使消費者可以與生態系統與各種產品進行互動。這些專業的主要例子是：

Here are a few contenders for this spot, but not officially recognized by the entire crypto ecosystem:

以下是這個地點的一些競爭者，但沒有被整個加密生態系統正式認可：

Participants of these ecosystems have majors as their “capital-preservation” token, usually compromising the largest slice in their portfolios. Once the values of these major tokens increase, a flow of liquidity occurs into smaller market cap tokens in their respective ecosystems as the majority of traders both speculate and increase their aversion to risk in order to chase higher gains.

這些生態系統的參與者的專業是其“資本保護”令牌，通常會損害其投資組合中最大的切片。一旦這些主要代幣的值增加了，由於大多數商人都推測並增加了對風險的厭惡，以追求更高的增長，因此在各自的生態系統中，流動性流向較小的市值令牌。

The longevity of these major tokens stand the test of time and will usually remain relevant in the next bull markets until proven otherwise. This is because of their nature to have a particularly high market capitalization, as most of these major blue-chip tokens are in the top 10 cryptocurrencies.

這些主要代幣的壽命經過時間的考驗，通常在下一個牛市中保持相關性，直到否則證明。這是因為它們的性質具有特別高的市值，因為這些主要的藍籌令牌中的大多數都處於十大加密貨幣中。

Altcoins

山寨幣

Altcoins, or alternative coins, are simply crypto tokens that are NOT Bitcoin nor stablecoins. Yes, even blue-chip tokens such as Ethereum and Solana are considered altcoins. Altcoins are seen as a way to stack more Bitcoin by potentially expanding your portfolio at a pace that is greater than Bitcoin. Altcoins are segmented into different narratives and brackets.

AltCoins或替代硬幣只是非比特幣或穩定幣的加密代幣。是的，即使是以太坊和索拉納等藍芯片令牌也被認為是altcoins。山寨幣被視為一種堆疊更多比特幣的方式，它可能會以比比特幣更大的速度擴展投資組合。 AltCoins分為不同的敘述和括號。

Narratives such as: Layer-1; Layer-2; Decentralized Finance (DeFi); Artificial Intelligence (AI); Decentralized Physical Infrastructure (DePIN); Decentralized Science (DeSci); Real-World Assets (RWA); Centralized Exchange Tokens; GameFi; Memecoins; and many more.

敘述，例如：第1層；第2層;分散財務（DEFI）；人工智能（AI）；分散的物理基礎設施（DEPIN）；分散科學（DESCI）；現實世界資產（RWA）;集中交換令牌； gamefi;成人；還有更多。

These narratives have a basket of altcoins ranging from its own sub-major and microcap gems. Despite being in the same narratives, one must be weary in what bracket they belong to based on their market capitalization. In my opinion, these brackets are:

這些敘述有一籃子的山寨幣，其次數從其自身的次毛和微型蓋寶石不等。儘管處於相同的敘述中，但根據他們的市值，他們所屬於的括號必須疲倦。我認為，這些括號是：

Large caps: These are your altcoins that are in the top 10 or 20 in terms of market capitalization. Most of these tokens have a thriving ecosystem of their own. Stable, but does not have the same potential to increase your wealth tenfold compared to other tokens.

大帽子：在市值方面，這些是您的Altcoins，在前10名或20位。這些令牌大多數都有自己的繁榮生態系統。穩定，但與其他令牌相比，沒有相同的潛力增加您的財富十倍。

Mid caps: To me, altcoins that are between $2 billion and $500 million are mid-cap tokens. These are tokens that are still relevant and have some potential to compound your wealth. These also contain your sub-majors such as how $ONDO is to the RWA sector and $FET is to the AI sector.

中蓋：對我來說，中型售價在20億美元至5億美元之間的山寨幣是中股代幣。這些是仍然相關的代幣，並且具有使您的財富更加複雜的潛力。這些還包含您的次級工作，例如$ ondo對RWA行業的方式，而$ fet對AI領域。

Small caps: Small caps are

小帽子：小帽子是