Duan Yongping: Bitcoin is almost $100,000 each, what do you think?

Speaking of Bitcoin, it's nearly $100,000 each now, which is truly astonishing. As someone who has been in the stock market for many years, I must say I maintain a sense of awe towards it. You know, I have always emphasized that buying stocks is buying a part of a company. You need to understand what this company does, whether it makes money, and if it has a future. But Bitcoin? It has no real business behind it, no stable income, and no assets. Without income, without assets, it can't be valued, and naturally, it can't be invested in. Moreover, the market quotes, whether in the stock market or the cryptocurrency circle, are the same; prices are in the hands of the crazed market players, and you can never guess what their next move will be. The price of Bitcoin is like riding a rocket, sometimes soaring high, sometimes plunging low, making it impossible to predict. In this surge, many people got liquidated, which is relatively rare in the A-share market. In A-shares, you typically see liquidations during downturns, while during upswings, most are still in high spirits. But in the cryptocurrency world, anything is possible. No wonder people say: A day in the crypto world is like ten years in the human world. With such volatility in Bitcoin, if you leverage, it could scare your heart out. Every investor knows about the margin of safety; this is the lifeblood of us value investors. You must ensure that what you buy is worth the price, and leave some leeway just in case. But Bitcoin? Where is its value? Where is its margin of safety? I don’t understand. If I don’t understand, I can only choose not to engage. In this world, we can't make all the money; we must get used to giving up some things we can't comprehend. Investing is not an exam where every question must have an answer. Investing is like playing a game; if you can't play this game or it's not enjoyable, then move on to the next one, until you find one that you like and excel at. #比特币打破感恩节魔咒