Next, only American capital can save the copycat
Several bigwigs in the circle I asked are reducing their holdings of Bitcoin. Some directly cashed out and chose to quit the circle, and lay flat for the rest of their lives, while some supported the construction of A-shares, believing that A-shares are in an absolutely safe position.
It is the same as the psychological state of the whales once Bitcoin rises after the Bitcoin ETF is passed. The volume determines the quality. At present, Bitcoin is only suitable for large institutions to hedge, and it is meaningless for ordinary people to hold it. It is only 300,000 US dollars to reach half of gold, but the potential risk is greater than gold.
The risk and return of Bitcoin in the future are not proportional. From today last year to now, Bitcoin has risen by more than double, but the psychological pressure and pain it has endured are unimaginable for ordinary people.
In the past, I have been talking about the transformation of Bitcoin's asset attributes, but few people believed it. Although the new high amount looks large, the increase in income is far less than before.
Buy some stocks in the robot industry, and you can always outperform Bitcoin. The wind is the wind, and it is meaningless to bear things that are not proportional to the return after the wind is over.
For institutions, they can quantify arbitrage hedging transactions. But for ordinary people, there is no need to take such risks. Volume determines quality. Reaching one million in 10 years is meaningless to ordinary people.