There are always people saying that BTC is a scam; when Bitcoin was at $10,000, some said it was a scam, and now that it's at $100,000, there are still people saying it's a scam. So what can we say? Has it arrived? Let's take a look at where Bitcoin is today. In early April, Bitcoin was around $74,000 and experienced a very strong double bottom pattern. In just a month, it has risen to about $104,000 today, almost back to its pre-New Year position. The previous peak was around $109,000. Let's fantasize for a moment: if you had $10,000 and you were trading contracts, if you fully invested at $74,000 with 10x leverage until today, how much profit could you make?

You would have made a profit of $40,539, which converts to about 300,000 RMB. Hehe? Isn't this kind of dreaming really enjoyable? Back to the main topic, has it really peaked? I see it reaching $120,000. I am a bull. There are always those who think these virtual things are invisible and intangible, and that others can run away at any moment. This is a cognitive issue. If you want to preserve your capital, saving in a bank is the most suitable option. As the old saying goes: the timid starve, while the bold prosper. There are too many people who found freedom overnight in the crypto space.

Note, however, that many people have lost their lives playing this game because they treat it like gambling. The above speculation is just a right direction; what if it's wrong? Let's look again.

At $66,901.1, you would get liquidated. Perhaps in less than a day, your $10,000 could be gone. That wouldn't be pleasant, would it?

So here’s a reminder to all beginners: please stop your fantasies of getting rich quickly, focus on learning, only do what's right, do what you understand, and go with the trend. If you treat this as gambling, in the end, you'll just get liquidated.