Don't give up your faith and ambition! Wait patiently for the "faucet" to open!
I have previously looked at the cost of the Bitcoin ETF and other non-ETF purchase data provided by Phyrex. There are more than 650,000 coins at a price of 62K-73K, and the increase in mining costs (due to increased computing power) is already 55K or even more. The cost line is here, and the long-term demand is there. Enterprises, governments, funds (most pension funds can only be purchased after 6 months of product launch), and individuals have 21 million Bitcoins (it is estimated that 17%-25% of them lose their private keys permanently), plus the US government's policies, even Brazil has a digital currency ETF, the Bitcoin in your hands is extremely precious, don't give up your faith, and the more important point is "holding power". Can you hold it?
So you must have cash flow and save for 6 months of life just in case. When investing, you must eliminate noise. In the end, it depends on the gate of the "faucet", whether it is opened, when it is opened, and how long it is open. "Interest rate cuts" are the "root" of everything, borrowing costs and liquidity.
The major driving force behind the last Bitcoin bull market was the release of liquidity! Institutions, DeFi, GameFi, NFT, and the metaverse are just catalysts! Investment is only a part of life. To achieve peace of mind, you still need to scientifically allocate assets. You can't put all of it in digital currencies, otherwise the volatility will be too large and your mentality will not be able to bear it. Bitcoin has been fluctuating sideways most of the time without rising, but when it rebounds, it is short-term and rapid.
Keep your faith! Keep smiling! Welcome the future super bull market
