Binance boss Zhao CZ is hitting the blackboard again! He says it very plainly: 'Bro, missed the previous dip? Don't worry! It will drop again!' (Actually, it's in a small dip right now) Why is Bitcoin valuable? Have you figured out the math? Legal tender (like the US dollar) can't stop printing! But Bitcoin? Only 21 million globally! 95% has been mined! Digital gold 🤑 understand? Scarcity! Scarcity! Still TM's scarcity!
Brother Shui translates CZ's 'Zen Chicken Soup': Don't stare at the candlestick chart every day and let your blood pressure soar! Hold steady, scarcity is Bitcoin's 'get out of jail free card'! Look at how much the dollar has been printed in recent years? (More than 30% increase) Then look at Bitcoin's limited edition hard currency. Hmm, against inflation? Bitcoin 'gold' is something!
Risk? Volatility? Brother Shui reminds 💦: Be ready for a little heart!
Although Bitcoin is 'digital gold', sometimes it gets so crazy that it scares itself! Up and down, brothers know it's the norm.
There are two more things to pay attention to:
1️⃣🛠️ Miners need to 'earn a living': In the future, once Bitcoin is fully mined (rewards decreasing), the big miners will rely on transaction fees to get by. Therefore, black technologies like the 'Lightning Network' that can speed up transactions and save on fees must be supported!
2️⃣💰 Big players are hoarding: I've heard that big institutions have quietly hoarded nearly 10% of Bitcoin! If they keep buying, that's a total of 21 million, brothers! Scarcity makes value, and Brother Shui believes the price will likely rocket! 🚀
Brother Shui summarizes 💦:
This new high is the result of institutional money being abundant + Bitcoin being nearly mined out + everyone's fear of paper money (inflation) + the scarcity narrative being too attractive, 'Fourfold Buff stacked up'! Bitcoin is limited, transparent, and definitely not the same as the random paper money printed by countries.
BUT! Don't just watch the thief eat meat; the thief hurts when he gets hit too! After every surge, there could follow a wave of 'heart-stopping' crashes! Is it time to buy the dip or run away? Is your heart stent ready? 💰💔
Brother Shui's last piece of honest advice for you: 'Don't get cocky when it rises, and don't panic when it falls!' Ignore short-term fluctuations, hold onto scarcity, that's how you preserve wealth! Just like Brother Shui buying $SUI and similar to the water! Brothers, will you ride this wave? #BTC再创新高 #币安Alpha上新 #CZ