囤大饼

2024.5.26 Sunday
Today, Bitcoin is still trading sideways at around 70,000 US dollars. It is unknown how long this will last.
The United States is currently in the midst of a presidential election, and 20% of the country's adults are playing with cryptocurrencies. If you want to win the votes of this group of people, you can't avoid Bitcoin.
Moreover, many whales buy Bitcoin whenever the price drops, and ordinary people can buy less and less. I looked at the Bitcoin purchases on Binance EURUSD C2C, and basically they are selling in decimal quantities, and not many people are selling integer quantities.

In the current market, a large pancake costs about 500,000 yuan, and buying 0.28 large pancakes requires at least 140,000 yuan, which is not a small amount for an average family, but it is still affordable if you try hard.

Recently, Bitcoin has been fluctuating around 70,000 US dollars. I don’t know when it will reach 100,000 US dollars. It is impossible to predict in the short term, but it will definitely rise in the long term. I think I am a bullish person.
To put it bluntly, hoarding bitcoins is to fight against inflation in real life. The government is good at printing money. It was very glorious to be worth millions in the past, but I just saved them and did nothing else. Now the money has depreciated sharply.
In order to prevent the current legal currency from depreciating or even appreciating in the future, it is better to stock up on Bitcoin. This is the most reliable way in the currency circle for most ordinary people.
Of course, some people are good at doing contracts and such, but very few of them make money, and most of them lose money. Ordinary people should not touch it and just stock up on cakes.