I suggest newcomers avoid trading cryptocurrencies, as the risks are enormous, with price fluctuations being unpredictable. If you have a weak heart, you simply can't bear it and could lose everything in an instant.
But hoarding coins is another matter; it’s like planting trees. At first, it may not seem impressive, but given enough time, it can grow into a towering tree.
If you drink one less milk tea on a regular basis and use that money to hoard coins, little by little, it might bring unexpected surprises. If you also smoke, why not quit and use the money for cigarettes to buy coins? If you stick with it long-term, the rewards could be beyond your imagination.
Looking back at Bitcoin's increase over the past decade, it's simply insane. In May 2010, a programmer bought two pizzas for 10,000 Bitcoins, when each Bitcoin was worth only $0.003.
By 2013, Bitcoin experienced its first major bull market, with the price soaring from about $13 at the beginning of the year to around $1,200 in November.
In 2017, the second major bull market arrived, with the price starting at around $1,000 at the beginning of the year and rising to nearly $20,000 by the end of the year.
In 2024, it broke through continuously, first surpassing the $90,000 mark in November, and then exceeding $100,000 in December, with a maximum increase of over 30 million times.
If ten years ago, in 2015, you spent $10,000 to buy Bitcoin, based on the average Bitcoin price of about $230 in 2015, you could have bought approximately 43.48 coins. As of February 2025, with Bitcoin priced at $90,000, this investment would have appreciated to about $3.9132 million, equivalent to over 27 million yuan.
Ten years ago, if you spent 2 million to buy a house in a first-tier city, although housing prices have risen over the years, after deducting various taxes and holding costs, the actual return might be around 2 to 3 times. However, if you had invested that 2 million in Bitcoin at the average price of $230 in 2015, you could have bought about 8,695.65 coins. Calculating with Bitcoin at $90,000 in February 2025, it would now be worth approximately $782.6 million, equivalent to over 5 billion yuan, far exceeding the return from buying a house.
Imagine, years later, when your son gets married, the profits from hoarding coins could serve as a very respectable betrothal gift, making a grand contribution to his family; when your daughter gets married, it can also become a substantial dowry, giving her a more secure future. Even when you grow old, your grandson will appreciate the 0.001 Bitcoin you saved for him! Because this might just be a valuable asset that changes the trajectory of his life.$BTC