Discard the fantasy and face reality.

Investing in Bitcoin is a Ponzi scheme, and the price won't rise much in the future; it is merely a reservoir of capital.

I have liquidated my Bitcoin and Ethereum positions, leaving only a little.

Everything goes through the phases of formation, existence, decline, and emptiness, from a dynasty to a family. The currency of any dynasty will lose its circulation value, and Bitcoin is equivalent to a currency of organizational consensus. Although it won't go to zero, it also won't rise chaotically; it has reached the decline and emptiness stage.

The price of Bitcoin is already in the mid to late stage; everything has its beginning and end; knowing the order of things brings you closer to the truth.

The market value of Bitcoin will not exceed that of gold; the bubble has already become quite large.

This is why Buffett does not invest in Bitcoin, as it lacks investment value.

Bitcoin is a Ponzi scheme, with only speculative value.

It is akin to chips in a casino; what people need is money, what people need is gold, not the gambling tools and chips of a casino.

If God gives you $10 million worth of gold and $10 million worth of Bitcoin, which would you choose, gold or Bitcoin?

Why won't the current price rise much further?

Because large group capital and state teams have already intervened. Any profitable ventures involving the currency of any dynasty, once capital state teams are fully involved, are essentially dead. Regulated things won't rise much further.

If the market value of Bitcoin exceeds that of gold, everyone will hoard gold.

Because Bitcoin is actually dispensable now; the virtual currency market remains the same with or without Bitcoin.

The risk of Bitcoin is particularly high; if Satoshi Nakamoto's wallet moves, the market value will immediately drop by two-thirds, lacking investment value. It only has speculative and gambling value.