In the currency circle, should I hold Bitcoin or U?

This question was asked by a fan today. He thinks that Bitcoin, as the absolute leader of cryptocurrencies, can be used as cash, and Bitcoin will definitely rise in the long run.

So holding Bitcoin is the most cost-effective.

In fact, his view is correct. In the long run, Bitcoin will definitely rise.

But there is a problem that he may not have considered, that is, volatility.

Although Bitcoin is not a loss in the long run, if you bought it at the high point of 69,000 in the last bull market and held it all the time, you would have almost no chance of surviving the last bear market.

After all, if it falls from 69,000 to 15,000, even the old leeks in the currency circle will explode.

Not to mention everyone here, now the market is volatile, retail investors are in paradise for a while, in the eighteenth level of hell, startled, crazy stop loss and increase positions...

So Bitcoin can be heavily allocated, but you still have to keep enough cash in your hands.

Of course, there are also a few big investors in the thirteenth circle who have all-in on Bitcoin at around 30,000, and doubled the leverage.

Others can stay still, regardless of whether the market goes up or down.

The most important thing is that they still have money in reserve in reality, and they can ensure the safety of their positions if they encounter extreme situations.

They should make money, there is no other way. Rich people have their own way of playing.

But as small investors, we don’t need to use Bitcoin as cash, but we must hold a large position in it.

Bitcoin is the biggest guarantee for you to survive in the currency circle.

Because it is Bitcoin.