Many people ask Brother Feng, since the price of Bitcoin is already so high, is it too late to accumulate Bitcoin now? Today, let's talk about whether it's too late to accumulate Bitcoin now. When we just start accumulating Bitcoin, we always feel like we are late and can't accumulate anymore. Given today's Bitcoin price, this feeling is normal, especially when compared to those who accumulated early. I have the same feeling. However, looking at the enormous vision of Bitcoin, and then looking at online comments, and then looking at the bustling crowds on the streets, I know that it is still very early. The mainstream public actually hasn't understood it at all. There are less than 800,000 addresses holding more than 1 Bitcoin. This means that the number of people who own 1 Bitcoin will not exceed 800,000, because one person can hold multiple addresses. You might say that there are probably more people who own 1 Bitcoin. Many people keep their Bitcoin on exchanges, and the Bitcoin in one exchange address actually belongs to many people. But we must remember that if you do not hold the private key, you do not own the Bitcoin. Those who keep Bitcoin on exchanges have never truly owned Bitcoin. As long as they don't withdraw, they will eventually sell it or lose it, so there's no need to consider them. Therefore, people holding 1 Bitcoin in cold wallets now are definitely one in ten thousand. 99% of people do not have 1 Bitcoin and cannot possibly own 1 Bitcoin. This is because the total supply of Bitcoin is limited. I predict that in the end, the number of people who can own 1 Bitcoin will only be 800,000. (The total supply is 21 million, but it cannot be evenly distributed.) If you go down, others will come up, and you may never come back up. In fact, many early comers also do not have Bitcoin. In other words, coming early often doesn't help.
