Today $BTC created a new high again, breaking through $99,299.99. Breaking through $100,000 is not a dream.
There was a popular post on Weibo in June 2011, in which the author lamented that "BTC price is 9.9, and will soon break through the 10 yuan mark".
Today, 13 years later, the price of BTC has reached $99,000 and will soon break through $100,000.
If you are a firm Bitcoin holder, you spent 1,000 yuan to buy 100 BTC in 2011, and 13 years later you would have earned $9.9 million, or more than 70 million yuan.
What a magical number.
The price of Bitcoin continues to hit new highs, but many group members are not happy because the current bull market is only a bull market for BTC.
Only Bitcoin continued to rise, while other tokens, even ETH, had limited gains, and various altcoins even fell.
A friend in the group plays altcoins. The price of BTC is 20k, and his position balance is $10,000. The price of BTC is 50k, and his position balance is $10,000. BTC;
Now that the BTC price is about to break through 100k, his position balance is only $7,000.
There is no carnival in altcoins, and there is no sense of surge at all; if you choose the wrong target, the bull market gains will not be yours.
For example, I bought$PNUT Both rise and fall quickly.
A player shared on Twitter that he exchanged 2 BTC for 36 $ETH at the beginning of the year. Now that it is the end of the year, he really wants to slap himself hard. Perhaps he will never be able to own 2 BTC again in his life.
Moreover, he lost 29 ETH in the contract market. Now it is very regrettable that the price has come back, but the position is gone.
If you invest in the wrong market, even if you temporarily gain tens of millions in the contract, it will end up being zero in the end.
Although ETH has increased today, it cannot keep up with BTC. #ETH市场新动向
There is another player who cashed in 12 BTC in 2019 and raised 900,000 yuan to buy a house with a mortgage. Now he feels happy and uncomfortable living in this house.
In 2019, 12 BTC were worth approximately $120,000. Today, they are worth more than $1.18 million, a 9.8-fold increase in five years. It’s a pity that I didn’t hold on to them.
Of course, turning it into a house and having a comfortable and warm home is also the goal of cryptocurrency trading. From this perspective, there is nothing to regret.
The crypto market goes up and down, and no one knows at what point to buy or sell. Accept your operations at any time period and look for suitable opportunities in the future.
Some people are selling their stocks, and naturally there are also people who are believers in Bitcoin, enjoying the huge benefits brought by time and truly winning without doing anything.
There is a group member who is said to have more than 1,000 BTC now. He started hoarding coins a few years ago; he built websites, speculated on domain names, and used the profits from other businesses, and gradually converted them into BTC.
Now I am having a great time holding BTC, enjoying life, and doing what I like.
I didn’t see the wallet balance he posted, I only got some information from the interactions between him and other group members, but I do know that he had hundreds of millions of DOGE a few years ago.
The crypto world has completely changed the way he accumulates wealth and the amount of his wealth, and has also brought him a completely different life experience.
If you grasp the trend of the times, you can really win without doing anything. And they are not people with special skills or abilities, they are just the friends around us who grasp the trend and hold on to it.
Bitcoin is fluctuating in a way that amazes the whole world. No one can predict the peak of this bull market, and no one can predict the short-term trend. It may continue to rise, or it may plummet.
And those who stand on this trend train are reaping huge wealth.
Those who are watching continue to watch, players continue to party, and a new story is brewing in the crypto market.
I am Chu Xiaolian, let’s pay attention to the crypto market.
