Why believe in Bitcoin?
Bitcoin has surpassed 100,000 USD, with nearly 200,000 people liquidated. Bitcoin lacks traditional fundamentals, but do gold and diamonds have fundamentals?
One could jokingly say that Bitcoin has two main fundamentals: first, faith. Believing in Bitcoin as a digital currency, with limited supply, it has a fixed value as a pricing basis, comparable to gold; second, money laundering. There are too many gray industries in this world, and Putin just said he also needs Bitcoin for money laundering.
In 2011, one Bitcoin was priced at 10 dollars. Thirteen years later, the price of Bitcoin is as crazy as the Dutch tulip mania, and there must be other reasons. Currently, BTC has surged to over 100,000. It may go even higher in the future. Bitcoin has entered the next stage, not just a game of the crypto world, but a game of global capital. In the future, more countries should participate.
Regarding investment, at any time, we must have a risk awareness. Soaring prices lead to selling, plummeting prices lead to buying. $BTC #历史见证者打卡 #下一个换谁涨?