#压岁钱 #分享我的交易 $BTC Gave my daughter some New Year's money to buy some cakes and saved them, will look at them again in 2035, ten years will pass quickly.
The short-term price of Bitcoin cannot be predicted, because it is affected by various news There is no need to predict the long-term price, because it grows exponentially $BTC
Friday, June 14, 2024 Bitcoin has recently pulled back again. It finally broke through 70,000 US dollars, but it fell again not long after. This is how short-term prices are. It is impossible to predict how much they will pull back. This month, the temperature has been pulled up and then dropped down several times. It may be a prelude to mad cow disease. condition: 1) Bitcoin halved for the first time and reached its peak 11 months later, with a 262-fold increase. 2) Bitcoin halved for the second time, reaching its peak after 16 months, with a 53-fold increase. 3) Bitcoin halved for the third time, reaching its peak after 17 months, an 18-fold increase. ask: Bitcoin will be halved for the fourth time on April 20, 2024. It will take ( ) months to reach its peak, with an increase of ( ) times.
Bitcoin has been fluctuating, breaking through 70,000 US dollars for a while and falling below 70,000 US dollars again. In the short term, the price cannot be predicted, but in the long term, it will definitely spiral upward or even grow exponentially.
The interest rate hikes or cuts in various countries are related to Bitcoin. Canada recently cut its interest rates, and Bitcoin quickly broke through 70,000 US dollars.
For those who hoard stocks, paying attention to the market is just to get the cheapest chips possible, because the price keeps getting higher and higher, and the cost of hoarding stocks is also getting higher and higher.
From the perspective of currency standard, the higher the price, the smaller the amount of hoarding will be. At this time, it is time to realize the need to improve the ability to earn legal currency off-market.
2024.5.26 Sunday Today, Bitcoin is still trading sideways at around 70,000 US dollars. It is unknown how long this will last. The United States is currently in the midst of a presidential election, and 20% of the country's adults are playing with cryptocurrencies. If you want to win the votes of this group of people, you can't avoid Bitcoin. Moreover, many whales buy Bitcoin whenever the price drops, and ordinary people can buy less and less. I looked at the Bitcoin purchases on Binance EURUSD C2C, and basically they are selling in decimal quantities, and not many people are selling integer quantities.
In the current market, a large pancake costs about 500,000 yuan, and buying 0.28 large pancakes requires at least 140,000 yuan, which is not a small amount for an average family, but it is still affordable if you try hard.
Recently, Bitcoin has been fluctuating around 70,000 US dollars. I don’t know when it will reach 100,000 US dollars. It is impossible to predict in the short term, but it will definitely rise in the long term. I think I am a bullish person. To put it bluntly, hoarding bitcoins is to fight against inflation in real life. The government is good at printing money. It was very glorious to be worth millions in the past, but I just saved them and did nothing else. Now the money has depreciated sharply. In order to prevent the current legal currency from depreciating or even appreciating in the future, it is better to stock up on Bitcoin. This is the most reliable way in the currency circle for most ordinary people. Of course, some people are good at doing contracts and such, but very few of them make money, and most of them lose money. Ordinary people should not touch it and just stock up on cakes.
It is really hard to predict the short-term market. It fell to around US$57,000 on May Day, but the situation changed again after just twenty days. In the long run, it will definitely rise. Some people say that you can buy it at any price below 70,000 dollars, and the price will go up to the sky when the bull market comes. In the future, the amount of bitcoin purchased with legal currency will become less and less, and everyone is scrambling for bitcoin. Large institutions and funds are grabbing more, leaving few opportunities for ordinary retail investors. Last year's bull market peaked at around US$69,000, and this round of bull market everyone estimates that it will reach US$100,000 or even higher, so now US$7 is already very high, and from a long-term perspective this position is not high.
I have always wanted to record my investment experience and learn about investment through writing, so that I can improve my knowledge and hold on to the big pie. I heard about Bitcoin in 2017 and bought a small amount of Bitcoin in January 2018. At that time, one Bitcoin cost more than 70,000 RMB. After graduating in June 2018, I worked in the blockchain industry. Later, the bear market came and this operations job ended in 5 months. In 2019, I found a blockchain operations job, but I quit not long after starting and went into the traditional industry to work as a bricklayer. What’s funny is that during my career, I never studied Bitcoin in depth, but was obsessed with the then popular XX altcoins, and foolishly invested in them, ignoring the configuration of Bitcoin.
①Please briefly describe yourself Net name: Ying Er City of residence: Dongguan, Guangdong Rank: Currency Standard When was the first time you heard about pancakes? What was the price when you first bought Bitcoin? answer: The first time I heard about Da Bing was when I was a junior in college in 2017. The first time I bought Bitcoin was on January 27, 2018. I bought it at a price of 73,900 yuan per coin and bought 0.01 of it. As I was about to graduate and had no source of income, this was a relatively large investment for me. ②Please briefly describe your current understanding of the pie Answer: Treat the cake as savings, fight inflation, enjoy freedom, and truly control your wealth, which no one can take away.