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Tom Lee: Encourages everyone to recognize the "Tokenization" mega-narrative and not be limited by short-term fluctuations
BlockBeats News, December 11th, Tom Lee, Chairman of Ethereum Treasury Company BitMine, stated in the latest podcast Altcoin Daily that the current price of Ethereum does not reflect what happened today, but rather the future. So don't expect it to go up every day; you have to bet on that "super cycle."
Tom Lee believes that the biggest misconception is: even if you discount future EQM to $5000, or even $3000, the final price of Ethereum ten years from now could still be $100,000. "The price difference today is just a tiny fluctuation in the discount rate." But everyone wants instant gratification—press the buy button today, make money the next day; if it doesn't go up, "this coin is a scam." They think they can press the button 1000 times and win 1005 times, but nobody can do that in reality.
Therefore, what most people really need to do is: Recognize the 5–10 year super narrative of "tokenization," Ethereum will be a completely different giant chain in ten years (monster sized). Today's price is like looking ten years ahead through a telescope—the goal is 1000 miles away, you have only taken five steps, of course, you are still in the "future."
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