Recently, many friends have been asking in the background: 'Bitcoin has risen to $110,000, when should I sell?' Today, I want to share my perspective - this time, I choose not to sell. Before explaining my current decision, let's first revisit a dramatic investment experience.

Last Bull Market: A 'Perfect Operation' Dominated by Luck

In the last bull market, when Bitcoin reached $50,000, I made the decision to liquidate all my holdings. Subsequently, the price fell all the way back to $20,000, and I decisively bought back in. In hindsight, this operation seems as precise as a textbook example, locking in substantial profits, even giving off a hint of 'showing off.' But only I know that behind this seemingly dazzling report card, luck played a far greater role than strategic judgment.


I remember standing at the $50,000 high point, and I did not feel the joy I had expected, but rather was enveloped by a strong, indescribable sense of unease. That feeling was not based on rational analysis but felt more like some sort of intuition wildly ringing alarm bells. I almost impulsively pressed the sell button, and looking back now, this was undoubtedly a typical emotional operation. However, the market's movement unexpectedly validated this 'stubbornness' - Bitcoin's price plummeted, panic spread, and the market was filled with 'bloody chips.' Faced with such an opportunity, I chose to re-enter the market and invested all my funds into Bitcoin.

Current Decision: Adherence Based on Understanding and Ability

Now that the time has come, Bitcoin has broken through the $110,000 mark. Why do I choose to remain still? The core of the answer lies in the understanding of the essence of investment and a clear judgment of my abilities.


As a groundbreaking cryptocurrency, Bitcoin's underlying technology, blockchain, embodies characteristics such as decentralization and immutability, granting it unique value. From a long-term perspective, as the global digital economy develops and the traditional financial system gradually accepts crypto assets, Bitcoin's value growth potential still exists. Although short-term price fluctuations are hard to predict, as long as its underlying value logic is not overturned, the long-term upward trend is worth looking forward to.
I am well aware that I do not have the ability to predict short-term market fluctuations. In the crypto world, short-term price movements are influenced by many complex factors such as policy changes, market sentiment, and large holders' operations. Even professional analysts often falter in short-term predictions. Instead of taking risks to capture elusive short-term fluctuations, it is better to adhere to long-termism and let time become an ally in investment. Because in the crypto world, there is a risk that is far more terrifying than short-term adjustments - that is being 'left behind.'
If one sells too early during an upward trend and the price continues to rise, they may fall into 'missing out anxiety.' This anxiety can throw one’s mindset off balance, either missing subsequent upward trends or chasing higher prices and becoming passive. More realistically, as Bitcoin's price continues to rise, the threshold for ordinary people to own a complete Bitcoin will become increasingly high. For most investors, once they lose their holdings, it may truly be difficult to hold again for a lifetime.

Investment Insight: Respect the Market, Reject FOMO

Looking back at the 'lucky operation' of the last bull market, I increasingly believe that there is indeed an elusive element of luck in investing. That time I sold at a high, rather than being due to skill, was more about a mysterious intuition kicking in during a moment of emotional low. This also confirms an old saying: fortune and misfortune are interdependent. Perhaps it was the unintentional acts of kindness in life that brought unexpected turning points at critical moments. This kind of luck, which is hard to replicate, also makes me more in awe of the market, realizing that investment cannot rely on chance.


In the crypto world, you often see various 'experts' showcasing their profits and operations on platforms, even attracting attention under the banner of 'copy trading.' But thinking carefully, how could those truly capable and wealthy big players have the energy and motivation to 'show off' on public platforms? Their targets often directly aim at the investors' wallets. Therefore, for ordinary investors, blindly following others undoubtedly puts their wealth at risk.
There are no shortcuts in investing. Instead of chasing those seemingly tempting 'get-rich-quick myths,' it is better to calm down, delve into industry knowledge, and understand the value logic of the investment targets. Just like in war, one should not pursue clever tricks but rather rely on solid understanding and firm belief to fight a stable and calculated 'steady battle.' Adhering to long-termism, accompanying time, may be the survival path in the crypto world.
In this market full of temptations and uncertainties, every decision requires weighing risks and rewards. For Bitcoin, I choose to believe in long-term value and adhere to my investment principles. As for how prices will fluctuate in the future, the market will provide the answer. But I firmly believe that true wealth growth comes from a commitment to value and a clear self-awareness.
The above shares my thoughts on Bitcoin investment. If you have different views on the trend of Bitcoin or other investment confusions, feel free to communicate with me.

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