The Legendary True Case in the Crypto World - Cognition Determines Cost, Cost Determines Profit!

A foreign Chinese friend got in touch with Bitcoin in 2009, and it was the kind that was actually used. At that time, the main use of BTC was for transactions, and surprisingly it was stored on a USB drive. Can you imagine what the price of BTC was back then?

He told me: There was a transaction that was difficult to move out of the country, and someone suggested using a digital virtual currency called BTC, which was convenient and safe.

After all, a legitimate businessman would not use such gray methods for transactions long-term; not every transaction has issues, so naturally, there would be negative doubts about this new thing! Just like with every new thing, without proper guidance, it is hard for the public to accept! That’s why BTC spread quickly in the U.S. after the WikiLeaks incident when donations sparked interest! Following this righteous way, the culture of this circle naturally spreads its positive aspects!

By the time this friend reappeared in the crypto world, during the last bull market, he had crazily invested a few million at around 80 bucks, and soon after, the small change at the back turned into the small change at the front!

These two experiences continuously refreshed his perception of the crypto world, and he had no good feelings about it!

This bull market saw BTC rise to 70,000, coinciding with Trump's inauguration, which made him rethink that BTC has a promising future!

In this process, the cost of BTC kept increasing; it used to be a few hundred dollars, now it’s over tens of thousands of dollars for one. This is the wealth skew effect—if you are early in touching new things, the money of the wealthy will naturally tilt into your pocket!

Returning to a benchmark reference - Gold

The gold market has walked through a millennium, while the BTC market has been around for less than 20 years. The Internet has accelerated the process of social dissemination; perhaps the speed of dissemination in these 20 years is faster than that of the previous 100 years. However, in the hearts of holders, without the accumulation of a generation, the road ahead is still long!

This era needs more variables to perfect itself! Otherwise, a single wall you climb over can block your view of the world, and breaking this wall is actually very simple, but the process takes a long time!