The Lost Years of Bitcoin and Ethereum: An Unfinished Dream from 50,000 to 1 Million

In 2020, the market was shrouded in gloom, with Bitcoin worth only $4,000 and Ethereum hovering around 100 yuan. With a mere 50,000 yuan, I bravely embraced the future, bought 1 Bitcoin and more than 20 Ethereums, and carefully locked them in a hardware wallet, and hid the private key in the marriage certificate, thinking that they could be passed down safely.

Fate plays tricks on people: The lost key to wealth

As time went by, 23 years later, I bought a new house, but the move was in chaos. The marriage certificate package disappeared, and with it disappeared the private key to the huge wealth. Bitcoin and Ethereum are worth millions, but they are like flowers in the mirror and moon in the water, out of reach.

Meditation on negative premium: Missed lessons

The million-dollar wealth has become a bubble, which makes me reflect on the pain of "negative premium". In the crypto world, it is like a ghost, appearing due to supply and demand imbalances, asset characteristics or high transaction costs. This lesson is unforgettable.

Market Trends: Turbulence and Forecast

Currently, the crypto market is surging. Under the wave of interest rate cuts, the dollar is gradually showing signs of fatigue, which is good for crypto assets. However, whales are manipulating the market, exacerbating volatility, and investors need to be cautious. Although Bitcoin halving and ETF speculation have added fuel, the strength of the US interest rate cut is questionable, and the bull market may only last for more than a month, and then it will usher in an adjustment period.

October Outlook: Seize the moment and welcome the dawn

Although the road ahead is uncertain, I still have hope for October. The scene of Bitcoin's surge at the beginning of the year is vivid, although it only lasted for a short time, it indicates potential. After half a year of consolidation, the market may start a unilateral upward journey again. Seize this moment, embrace opportunities, and let the dream set sail again.

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