The German government's behavior of selling Bitcoin can be understood from multiple perspectives. First, governments and large institutions have more complex and long-term considerations in asset management and investment strategies. They may make decisions based on the global economic situation, monetary policy adjustments, and market trends.
In the current economic environment, both the US and German governments are aware of the trend of interest rate cuts, which may have a series of impacts on the financial market. Therefore, their choice to sell Bitcoin at this point in time may be based on the prediction of future market trends and risk management.
To explain it with a more popular metaphor: Just like the "flea market" held in the kindergarten of the chipmunk in the senior class, the children will take out toys or items they no longer need to sell. For parents, they support such activities because they can clean up some dusty items and don't care too much about the previous purchase price of these items.
Similarly, for the German government, the US government, and even the Chinese government, digital currencies such as Bitcoin may be regarded as a "children's play". They may think that these assets occupy resources, and when there is an opportunity to sell them, no matter what the price is, or even "give them away", they will not care too much. Because from a higher dimension, the value of these assets may not be as cherished as individual investors.
Therefore, we should not over-interpret the government's sale of Bitcoin. In higher-level decision-making, these assets may just be seen as a dispensable resource. For individual investors, they need to consider their investment strategies and risk tolerance more carefully.
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It is more practical to do contracts in this market. Those who like contracts or spot can come to me.
My points are very accurate, and old fans know what the strength is.
After the market fell sharply, Sanjin also ambushed some potential coins that are ready to explode.
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