First, let me share my understanding of BTC. BTC is currently the most worthwhile asset to hold long-term in the world, without exception. Here are the reasons:
1. BTC is the mirror of fiat currency. Since the Bretton Woods system collapsed and the link between fiat currency and gold was removed, fiat currencies have embarked on an irreversible path of infinite overproduction. The elite exploit the labor of the middle and lower classes through monetary authority, and this is true for every country. In contrast, BTC has a fixed total supply; fiat currencies will only depreciate while BTC will appreciate.
2. Following point 1, BTC has grown over more than a decade through numerous scams and talks of going to zero. Its price has continually risen, demand has increased, and with national and institutional involvement, the consensus is now strong enough. I can responsibly say that the possibility of BTC going to zero is now zero; the crypto market will not disappear.
3. Since its inception, BTC has never trapped anyone; each peak in a bull market has set a new high. As long as you hold it long enough, you will reap substantial rewards.
Now let's talk about the mindset of coin holders. I found that retail investors on Xiaohongshu have the following characteristics:
1: Most people panic during pullbacks and experience FOMO at new highs.
2: They hold a basket of altcoins while looking down on BTC.
3. They watch news and play in the crypto space, reacting to big whales moving BTC to exchanges, ETF outflows, BTC strategic reserves, etc.
4. They trade contracts and look down on spot long-term investments.
All four points above need to be avoided to have a chance of making money in the crypto market. In fact, making money in the crypto space is very easy; the important thing is the mindset. The correct approach is as follows:
1: Consistently DCA buy at relatively low levels, and after about 4 years, consistently DCA sell at relatively high levels, without making any swing trades, not engaging in contracts, and using spare cash for investment. If you leverage and borrow money to invest, any significant volatility will be unbearable, leading to wrong decisions. I once lost 400,000 in a day (forgot to take a screenshot), but it didn't affect my mindset. I continued to do what I was doing, and even when prices rose, I didn't react. I used what seems like the simplest investment method: holding and not moving.
2. Don't panic or FOMO from the news; the news is deliberately shown to you by institutions and manipulators. Do you think they would kindly tell you to run at a high point and buy more at a low point? The crypto space is not a charity; they aim to profit from our money.
3. Your BTC position must be adequate. Regardless of whether you have $1,000, $10,000, or $500,000, at least 50% should be allocated to BTC. For larger amounts, allocate even more to BTC (I have a small amount but conservatively allocate 70% to BTC, 15% to ETH, and 15% to altcoins). Don't underestimate Bitcoin; it has the strongest consensus and the most stable price. Altcoins may surge sharply in the short term but also drop sharply; if you have a large position, you simply cannot hold.
Finally, in summary, everyone can allocate a portion of their assets to cryptocurrency. This is the only way for us at the bottom to counteract the ever-increasing prices. Playing in the crypto space requires no technical skills, just the right mindset. Wall Street tycoons like Michael Saylor hold their assets without selling; why should you sell? Do you think your investment skills are superior to theirs? Making money is very simple; just do one thing well: hold without moving, hold without moving, hold without moving!
#ETH #币安HODLer空投SAHARA #币安HODLer空投NEWT #加密市场反弹