It's still the same old story, the popularity of Rwa's narrative actually reflects a serious bearish outlook on crypto assets.
This means that there are no quality assets left in the crypto space for everyone to invest in.
From the current decline of various concept altcoins after their TGE, it's clear how people view new crypto assets.
But Bitcoin is genuinely solid and truly great.
Buying at any price is the right decision.
Bitcoin is the ultimate destination for liquidity in the crypto space.
Everyone profits and buys Bitcoin, which is the only relationship Bitcoin has with the crypto circle.
After all, the major buyers now are outside the crypto space: ETFs, Wall Street, and governments from various countries.
Therefore, it's very difficult to manipulate Bitcoin.
It's a game of multiple parties; you sell, I sell; you buy, I sell.
Unlike other cryptocurrencies, which all have manipulators.
Bitcoin has a limited supply, high value, and a lot of it is already lost.
The circulating supply is actually very low.
The advantage of Bitcoin over gold is that it can be sent quickly and remotely.
Gold cannot do this; gold futures are actually derivatives, similar to Bitcoin contracts.
It's difficult to trade in spot markets, which makes it much harder compared to Bitcoin.
Moreover, it's not convenient to store.
These are all advantages and values of Bitcoin.
Bitcoin is just too good.
However, Bitcoin no longer belongs to the crypto space and is unlikely to drive the crypto market.
It has become a global asset like gold and crude oil.
Things on the blockchain like NFTs, the metaverse, and various supersonic blockchain projects might be fake.
But Bitcoin is definitely real.
My strategy is to grab airdrops and play hot trends.
Then buy Bitcoin.
Most of my assets are stored in the form of Bitcoin.
Then I occasionally take out money to support my living expenses.
I believe this is the right approach.
For now, I will stick to this!
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