The Rise of Bitcoin: A Journey from Doubt to Hope
On November 13, the price of Bitcoin was like an astonishing rocket, instantly reaching $89,851, almost touching the anticipated $90,000 mark. However, it later retreated slightly to $87,500, seemingly taking a breather after the peak. Amid this wave of volatility, Binance founder Changpeng Zhao (CZ) spoke out mercilessly, saying that if you think Bitcoin is dead, you have only yourself to blame. He cited a database called "Bitcoin is Dead", which records skeptical voices since the birth of Bitcoin. These comments have continued to emerge with the ups and downs of the market, but they cannot conceal the brilliance of Bitcoin along the way.
It has been nearly 16 years since the birth of Bitcoin. From the initial priceless treasure to the current goal of approaching US$100,000, it has experienced many crashes and slumps. Every trough makes many people wonder whether "Bitcoin is dead." But what is amazing is that after every downturn, Bitcoin always rises again, showing its amazing resilience. Changpeng Zhao reminded everyone that as Bitcoin continues to hit record highs, risk management is crucial. He quoted his famous saying: "If you can't hold it, you won't be rich." This sentence profoundly reflects the wisdom in this volatile market.
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