Hoarding BTC allowed me to win easily once.

Now there are only 4 BTC left. I have been in this circle for more than 7 years, with nothing left and no big profits. At the end of 2022, due to a certain opportunity, I hoarded a few BTC and have held onto them until now, with an average purchase price of about 17000.

There was once a swing operation in between, but it can be ignored. Don't ask why I didn't buy a few more, because I didn't have enough understanding and didn't dare to buy more. Based on my observations, the amount of BTC that many people can buy when they enter the circle is usually the maximum amount they can afford.

The reason is simple: BTC has been rising, rising faster than you can make money. Buy it, hold it, and you can make money; it sounds easy, but it’s actually not easy.

1. You have to convince yourself why you are buying this expensive thing, based on what? Are you just taking over someone else's position? No matter what the reason for buying is, it is a realization of your own understanding.

2. How much to buy is a question. If you buy too much and can't hold it, buying too little is meaningless. It’s not entirely true either; buying more is a bold bet, that's based on skill; buying less can be considered asset allocation, which is easier to hold. For me, buying 4 at that time was indeed not too much, but not too little either; being able to hold a suitable position until now is important, going all-in is not my style.

3. Whether you can hold it or not is a big question. Patience is certainly important, and in between, you have to resist many temptations. From 17000 to almost 100000 now, there have been significant fluctuations and uncertainties, and I have thought about selling many times. Fortunately, I kept it in a cold wallet; if it were on an exchange, I would have definitely sold it long ago, that's human nature. My method is quite clumsy, the cold wallet is at my hometown, and if I want to move it, I have to go through a lot of trouble. When to sell?

To be honest, I don’t know, and I don’t want to predict. Some bets can be stretched over 10 years or 20 years. The opportunities in life that you can encounter and seize are not that many. BTC is one of them, and in the future, AI will also be one. Let's wait and see. #BTC再创新高