#内容挖矿 It is meaningless for Bitcoin to break through 70,000. Some money-making opportunities may not belong to you!
Starting from March 4, 2024, Bitcoin began to hit the $70,000 position.
It has been nearly a week and has been hovering between 66,000-70,000. This position, whether long or short, has no meaning for those investors who are lurking at low levels.
In fact, the most worrying thing is those who miss the mark. It’s not good to be long, and it’s anxious to be short.
At the same time, another cryptocurrency, Ethereum, was also hovering below 4,000 points, ready to take a leap at any time, and has been fluctuating between 3,500-4,000.
No one can tell where the high point of cryptocurrency is?
Even some other coins, such as Dogecoin, are hovering near recent highs.
Investment is sometimes a very magical and absurd thing. Once a type of the same type starts, if other individuals follow suit, and when funds continue to flow in, the power of going long will naturally be very scary.
Don't persuade people to invest.
Because according to past experience, when a stock reaches a recent high, you can say that it is accumulating strength, and you can also say that it is shipping.
Maybe, once you take action, you are chasing the high, then you will always be on guard.
If you sit back and watch, there are highs above the highs.
This is where the magic happens in investing. Therefore, many well-known investment institutions in the world do both long and short positions, but the ratio between the two will be constantly and dynamically adjusted to achieve maximum investment returns.
At this time, whether Bitcoin can break through 70,000 is really of little significance. No matter what kind of prediction, after all, it must follow Pareto's law.
Moreover, the profit-loss ratio in many industries is far smaller than the 2:8 value experienced by Pareto's law. The truly powerful people are the people who invented Bitcoin and the people who held it when it appeared.
Some people say it’s knowledge, while others say it’s luck.
But no matter what, it may be destined to miss many people. After all, there is no shortage of poor people or rich people in this world.