BTC is the most worthwhile asset to hold long-term in today's world, bar none. The reasons are as follows:
1. BTC is a mirror reflecting the flaws of fiat currency. Since the breakdown of the Bretton Woods system, and the decoupling of fiat currency from gold, fiat has embarked on a path of infinite over-issuance. The top levels exploit the labor force of the middle and lower classes through the power of coinage, which is a common phenomenon globally. Meanwhile, BTC has a fixed supply, fiat currency will only depreciate, while BTC will appreciate.
2. BTC has grown over more than a decade of development amidst countless doubts and cries of zero. The price has risen higher and higher, and demand has increased significantly. The involvement of countries and institutions has strengthened its consensus to a sufficient degree. I can responsibly say that the possibility of BTC going to zero is now zero, and the cryptocurrency world will not disappear.
3. Since its inception, BTC has never disappointed long-term holders. Every peak of a bull market is a new historical high, and as long as you hold for long enough, you will receive substantial returns.
Now let's talk about the mindset of coin holders. I've noticed the following characteristics among the brothers in the community:
1. Most people panic during corrections and FOMO (fear of missing out) at new highs.
2. Holding a basket of altcoins while looking down on BTC.
3. Making trades based on news, such as large whales transferring BTC to exchanges, ETF outflows, BTC strategic reserves, etc.
4. Playing contracts and looking down on long-term investments in spot.
The above four points must be avoided to make money in the cryptocurrency world. In fact, making money in the cryptocurrency world is very easy; the important thing is the mindset. The correct approach is as follows:
1. Continuously dollar-cost average (DCA) buy at relatively low levels, and sell at relatively high levels after 4 years, without making any trades in between or engaging in contracts, just investing spare money. If you use leverage or borrow money to invest, you might make wrong decisions during significant fluctuations. I can lose up to 2 million in a day, but that does not affect my mindset; I still do what I need to do. Even if it rises, I won't act, just using what seems to be the dumbest investment strategy: hold steady.
2. Do not panic or FOMO because of the news. The news is deliberately shown to you by institutions and manipulators; do you think they would kindly let you run away at a high point and encourage you to buy more at a low point? The cryptocurrency world is not a charity; they are here to make our money.
3. You must allocate enough BTC regardless of whether you have $1,000, $10,000, or $500,000; at least 50% of your allocation should be in BTC. For large amounts of capital, you should allocate even more to BTC (I have a large amount of capital, so I am more conservative, allocating 70% to BTC, 15% to Ethereum, and 15% to altcoins). Do not underestimate BTC; it has the strongest consensus and the most stable price. Altcoins can rise sharply in the short term, but they also fall sharply, and if you have a large position, it can be hard to hold.
In conclusion, everyone can allocate a portion of cryptocurrency; this is our only way to counteract the increasingly inflated prices. Playing in the cryptocurrency world does not require technology, only mindset. Wall Street elites like Michael Saylor hold their coins without moving; why would you sell? Do you think your investment skills are better than theirs? Making money is very simple; just do one thing well: hold steady, hold steady, hold steady!