了解加密货币市场的最终指南

本文将迅速介绍加密货币市场的组成。

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.

为了使许多出版物中的第一本发表在《红色药丸》上，这是对加密货币市场构图的迅速而详细的介绍。虽然零售初学者希望参与“加密躁狂症”，但并不像在交易所在增益者列表中看到的第一个加密货币那样简单。要了解加密货币以及游戏方式，您必须首先了解每个加密资产和数字资产篮的技术，社会贡献和文化。

Bitcoin

比特币

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.

比特币是数字资产和加密货币的父亲，是一个数万亿美元行业的祖先，该行业将把黄金作为世界上最有价值的资产翻转。其目标是由匿名开发人员于2009年推出，其目标是开发一个无信任，无许可和分散的点对点系统，该系统不需要第三方金融机构进行交易。

History:

历史：

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：作为第一个加密资产，比特币最初是作为点对点交易的货币。随着其价值随着时间的推移的增长，由于严格的2100万供应而无法进一步铸造，因此它变成了价值存储。此外，由于比特币已经从成为点对点交易的货币增长，因此比特币现金（$ bch）成为替代方案。但是，像其他任何资产一样，人们可以直到今天使用比特币进行交易。

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：如果有的话，比特币是加密货币的创世记资产。尽管其他加密货币被称为“令牌”，但比特币是一项有价值的资产，与其他令牌相比，比特币并不面临相同的审查，波动性和批评。尽管有FUD（恐惧，不确定性，怀疑），但比特币很可能是唯一永远不会灭绝的加密货币，并且始终是有史以来市值的最高加密货币。

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.

比特币的影响力从科技传教士，零售，小型企业开始蔓延，并最终到达亿万富翁，私人金融机构，甚至整个政府等大型市场。随着2024年1月比特币ETF的最新批准，比特币已将自己合法化为一个强大而进步的资产类别。

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

在继续进入下一节之前，我鼓励大家花一些时间阅读比特币的简化白皮书：https：//bitcoin.org/bitcoin.pdf

Majors

专业

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:

主要的加密货币，也称为蓝芯片加密货币，是您的替代令牌，它奠定了其技术支持的生态系统的基础。这些通常是第1层令牌，为建筑商提供了一种在其网络上开发项目的方式，使消费者可以与生态系统与各种产品进行互动。这些专业的主要例子是：

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

以下是这个地点的一些竞争者，但没有被整个加密生态系统正式认可：

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.

这些生态系统的参与者的专业是其“资本保护”令牌，通常会损害其投资组合中最大的切片。一旦这些主要代币的值增加了，由于大多数商人都推测并增加了对风险的厌恶，以追求更高的增长，因此在各自的生态系统中，流动性流向较小的市值令牌。

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.

这些主要代币的寿命经过时间的考验，通常在下一个牛市中保持相关性，直到否则证明。这是因为它们的性质具有特别高的市值，因为这些主要的蓝筹令牌中的大多数都处于十大加密货币中。

Altcoins

山寨币

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或替代硬币只是非比特币或稳定币的加密代币。是的，即使是以太坊和索拉纳等蓝芯片令牌也被认为是altcoins。山寨币被视为一种堆叠更多比特币的方式，它可能会以比比特币更大的速度扩展投资组合。 AltCoins分为不同的叙述和括号。

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.

叙述，例如：第1层；第2层;分散财务（DEFI）；人工智能（AI）；分散的物理基础设施（DEPIN）；分散科学（DESCI）；现实世界资产（RWA）;集中交换令牌； gamefi;成人；还有更多。

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:

这些叙述有一篮子的山寨币，其次数从其自身的次毛和微型盖宝石不等。尽管处于相同的叙述中，但根据他们的市值，他们所属于的括号必须疲倦。我认为，这些括号是：

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，这些是您的Altcoins，在前10名或20位。这些令牌大多数都有自己的繁荣生态系统。稳定，但与其他令牌相比，没有相同的潜力增加您的财富十倍。

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.

中盖：对我来说，中型售价在20亿美元至5亿美元之间的山寨币是中股代币。这些是仍然相关的代币，并且具有使您的财富更加复杂的潜力。这些还包含您的次级工作，例如$ ondo对RWA行业的方式，而$ fet对AI领域。

Small caps: Small caps are

小帽子：小帽子是