$BTC is still oscillating between the daily small support and resistance level of 107200-108500. Whether it breaks upwards depends on the breakthrough of 108500; let's wait for direction!
However, several ancient addresses have caused a stir in the crypto circle: reportedly, 8 associated addresses from over a decade ago (belonging to the same miner), each with 10,000 bitcoins. A couple of days ago, 4 of these addresses, totaling 40,000 bitcoins, made transfers. The total value of the 8 addresses is close to 9 billion $, with 4.3 billion in transfers. Although there is no definitive news of a market crash, there is certainly some concern in the market!
Setting aside the panic, this news is actually quite exciting. Over a decade ago, with just a few computers, the average cost was about 2$/per bitcoin, which today is worth over 8 billion dollars, enough to provide for several generations! And we are participating in such a disruptive market, how fortunate we are!
But I am also deeply pained: why am I not the one with 80,000 $btc? What was I doing back then? Foolish! Why was I working at a dead-end job when I could have mined even a few hundred coins!
Regrets come too late! But it's not too late!
Although tens of thousands of times have become legends, looking at the longer cycle, there are still many opportunities for dozens of times:
As long as you have a year or two of understanding of the crypto circle, even if you only capture 20% of the bitcoin market rise each time, assuming three times a year, set a 5-year plan, that’s 15 times; a capital of 10,000 U can turn into 150,000 U! 1,000,000! Enough to ensure retirement in a second-tier city for 20 years!
This industry is so magical and pure, it doesn’t require flattery; yet it is brutal, with countless unseen casualties! But in the struggle for wealth, where is the peace?
Thank you, Satoshi Nakamoto! Salute to the true evangelists in this industry!
