"Is 69,000 BTC still worth buying?" Anyone who has this question is doomed to miss out on the last round of the extremely big long bull market” (2)
Key points of this article:
1. Is it still worth buying 69,000 BTC?
2. Why do you only look at the cycle and not the price when investing in BTC?
3. Why this bull market is the last chance for “US stock traders” to turn around
4. BTC is freedom.
Continuing from the previous article:
3. Three types of currency speculation
The first is short-term speculation and striving for short-term profits. Regardless of whether they are speculating in copycats, doing swings, or opening contracts, there are always people who are good at making profits, but for the vast majority of people, their returns not only fail to beat the big pie, but also often lose money; the second is To strive for medium and long-term profits, if you hold a certain currency for a certain period of time, you will sell out the profits when the time comes; the third way is to only hold BTC because of values.
The most certain thing is to insist on investing in BTC and ETH (and possibly SOL) during the cycle. It is often said that keeping money is more difficult than being a widow, because greed is more difficult to control than sexual desire. Therefore, I always want to take advantage of large positions and hold certain copycats to gain opportunities. In the end, it is difficult to outperform BTC and ETH. Income and certainty are always inversely proportional, and risk is inversely proportional to profit. Therefore, 70% to 80% of the positions must be in BTC, ETH, and SOL. For small positions, play some copycats and local dogs to take advantage of opportunities.
Therefore, for ordinary people, it doesn’t take much. The main warehouse only needs one BTC + 10 ETH + 100 SOL (SOL may not be necessary? I’m not sure), and hold it until the real bull market. If you sell it, at least in the future You can save a few years of working.
For the first two, it is only for the purpose of making investment profits. For the third, we will focus on it below. If you are not interested, you can close this article directly after reading this.
For many people, especially wealthy people, only BTC is the safest for decades or more, far more reliable than people, real estate, and the U.S. dollar.
Take the U.S. dollar as an example. After the U.S. dollar was decoupled from gold, it was constantly being issued and depreciated (you can find the data yourself). In addition, as long as a financial crisis occurs, the Federal Reserve will print money to rescue the situation, and ordinary people's money will depreciate, which means ordinary people will pay the bill. If you know a little bit about the history of Venezuela, you will know how Chavez destroyed a good card, and you will understand why the money you have worked hard to save all your life suddenly one day is not worth as much as toilet paper.
Therefore, the price of BTC will fluctuate, but it will never be issued; houses will be damaged and the US dollar will depreciate, but no one can take away the BTC in your wallet. This is number one.
Second, BTC means freedom. BlackRock CEO Larry Fink’s words are inspiring but tell the truth. He believes that the future value of BTC is equivalent to human freedom.
Seeing this sentence, I couldn't suppress my excitement. Who doesn’t long for the freedom of being able to say that two plus two equals four? How much is BTC worth? ——How high the price of freedom is, how high the value of BTC is.