Bitcoin: From halving to millions

Article from: X (Bitcoin's original meaning)

Do you think that by 2030, can Bitcoin reach $1 million per coin?

These days, anything is possible, right? But then again, even if it really reaches this price, whether it can be held steadily until 2030 really depends on one's luck.

Over the years, I have helped friends and relatives around me to buy some Bitcoin. To be honest, they all made money, some doubled their money, and some made a lot. But look at them now, who is happy? It's all because they sold it too early!

But you say that human nature is very strange. When it falls, everyone thinks it's spare money anyway, so they don't rush to sell. When the market gets better and the price goes up, everyone can't sit still. I remember at that time, they called me and said they wanted to sell, and I advised them that the bull market had just begun, don't be anxious, and wait and see. But they couldn't wait, saying that they wanted to put the money in their pockets, but this thing can't be seen or touched, and they felt uneasy. They also said they would buy it back when the price drops. The money is theirs, and I can't stop them. Who can say for sure what will happen in the future?

But many people have nothing to do with Bitcoin after they sold it. During the Qingming Festival, I met a relative who had bought it before. He regretted it and said that if he had listened to me and not sold it, the tens of thousands of yuan would have become millions now. I can only smile. Who can tell about this kind of thing?

Bitcoin is something that keeps rising. It's not uncommon for it to double. If you don't eat enough in the bull market, it will be uncomfortable when the bear market comes and the price drops sharply. Those old players will say, if... at the beginning... But, how can there be so many ifs in this world?

Look at the historical data. Before the halving in 2012, Bitcoin fell 38%, and it rose 262 times after the halving. It fell 19% before the halving in 2016, and it rose 53 times after the halving. It fell even worse before the halving in 2020, falling by 63%, but it still rose 18 times after the halving. Now it has fallen another 18% before the halving in 2024. How much do you think it will rise after the halving?

Bitcoin will be halved in a few days. Based on previous experience, this is another new beginning.I hope we can all hold on until that day, and together show those skeptics that we are right.