The recent fluctuations in Bitcoin have been truly heart-wrenching. I remember during the bull market in 2021, I also went all in on BTC. At that time, watching the numbers in my account soar made me feel like I was the next person to achieve financial freedom. But good times didn’t last long; the market soon saw a pullback, and my profits significantly shrank. That period was truly distressing.
However, after experiencing that roller coaster, my understanding of cryptocurrency deepened. Bitcoin, as the 'big brother' of the crypto world, derives its value from its decentralization and limited supply, which gives it some degree of anti-inflation capability, much like gold. Furthermore, with more and more institutions entering the market, Bitcoin is gradually being recognized by the mainstream market.
Of course, investing carries risks, and one must be cautious when entering the market. I recommend that everyone do their homework before investing in Bitcoin, understanding its underlying technology, market risks, and their own risk tolerance. Don't blindly follow the trend, and definitely don't invest borrowed money. Remember, investing with spare money can help you go further in the crypto space.