As Bitcoin has surged to nearly $100,000 now, those who have coins are all cheering, and all news favorable to Bitcoin is being widely promoted, while all unfavorable news is being disparaged.
Just like a couple of days ago, I predicted that after Bitcoin's big rise, it would inevitably face a sharp drop; this is a historical pattern that no one can stop.
Then many people criticize, for these critics, first I want to thank them, if they didn't criticize, how could my article break 100,000+ views and become a phenomenon in the cryptocurrency circle.
Secondly, I advise them not to be overly joyful when it rises and not to be overly sad when it falls; there is a saying that excessive joy leads to sorrow.
Nothing rises forever, and nothing falls forever; anyone who has studied economics knows that the price of a product fluctuates around its value.
If you are truly a believer in Bitcoin, this is not the time to be overly joyful because of the rise, nor should you cry out in despair when it drops later; rather, maintain a calm mindset and view it rationally.
From a historical perspective, its growth rate will inevitably slow down; it took more than three years to rise from $50,000 to $100,000, and if it were to double again, it would definitely take more than eight years, or even longer.
Moreover, the future is uncertain; a major drop is completely reasonable, and a major rise is also reasonable, because short-term fluctuations are fundamentally the temporary impact of emotional policies.
And when there is a peak in emotions, there will inevitably be a trough; when everyone is praising it, there will also inevitably be a day when everyone criticizes it.
Policies may favor its rise today, but tomorrow if Trump suddenly goes crazy and releases an unfavorable policy, causing a sudden drop, that would also be normal; who can guarantee what will happen tomorrow.
Anyone expressing extreme opinions in the comments section, chattering away, are just a group of clowns who have never seen money.
Many people who missed the opportunity to get in should not feel too regretful; those who truly make big money from Bitcoin are always a very small number.
Moreover, according to the law of wealth, the poor get poorer and the rich get richer; very few ordinary people truly make big money from Bitcoin; they already have considerable wealth and when they recognized Bitcoin's existence early on, they took out a bit of pocket money to invest in Bitcoin's digital assets.
When Bitcoin surges, those wealthy individuals who owned Bitcoin early are reaping huge profits.
Ordinary people, firstly, have low early awareness and find it difficult to access this information.
Secondly, after understanding this information, most of it is negative; a few years ago, various media were attacking it, calling it a Ponzi scheme, and for the average person's understanding, they are likely to be brainwashed by various media and criticize those who play with coins.
Thirdly, they cannot hold on; originally, they had little money, and after buying a bit, perhaps a few thousand or tens of thousands to test the waters, they can't take it anymore after it rises several times and quickly think about cashing out, having no faith at all.
Especially in life, with significant fluctuations such as buying cars, homes, and getting married, there are even people who, after working hard to mine a few Bitcoins in an internet café, end up selling their coins to buy a bucket of instant noodles.
Few people can hold on, even now that Bitcoin has surged to $100,000, many who made some money from it are thinking about cashing out quickly or waiting for it to rise a bit more before leaving.
Or when emotions are high and they believe it will definitely rise, then when it drops significantly later, we will see if these people will panic sell after their emotions are mercilessly extinguished.
Those who can hold for ten years, crossing multiple cycles continuously, and have a certain number of people, are one in a million.
Do not think you are powerful when prices are rising; it is just that when the wind falls, you happen to be in the elevator, where people come and go as the elevator goes up and down.
The rise and fall really has little to do with your ability.
What kind of person is suitable to play, still the same saying, those who can take out pocket money to play, will never care too much about whether their pocket money has increased or decreased at any time.
Under the condition that everyone's understanding is similar, what is gambled on is the mindset and strength.
I invested a million to buy coins, and if it's all gone, I wouldn't care, only such people have the potential to become true big shots in the cryptocurrency circle.