William: $50,000 in Bitcoin is just the beginning
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The magical thing of Bitcoin is "the more it goes up, the more it can go up". The fear is not that it will go up, but that it will not go up.
Editor's Note: This article comes fromChatting with William (ID: William1913), Author: William Chen, reproduced by Odaily with authorization.
Editor's Note: This article comes from
Chatting with William (ID: William1913)Chatting with William (ID: William1913)
As of today, the "New Year's Thirty Low" is still theoretically valid:Although due to various reasons, it is not as obvious as the low point of the previous year's 30th (attachment:Why buy Bitcoin on New Year's Eve?), but the trend is clearly still the same.Bitcoin broke through and stabilized above $50,000. For many people, it has reached the "end" they think. I heard many people ask me if I should stop profiting from Bitcoin and invest in other currencies or other markets. ?Here I will answer this kind of question in a unified way: When you feel that your Bitcoin position is "forced" to rise to the point that you pay special attention to it, and if you are anxious about the ups and downs, then you should sell some appropriately. Of course, you can buy other coins in the bull market, but you have to remember that there are tens of thousands of counterfeit coins in the market, and it is unreasonable for you to think that everyone has risen very well when you only see the ones on the daily increase list.Investing is your own business, so it's useless to ask me.
Let’s talk about why I think $50,000 is just the beginning.Many people who do technical research like to say that "the market is coming out". Analyzing the trend from a technical perspective will always become clearer as the price changes.But in fact, for Bitcoin, its "fundamentals" have also come out. As the price rises, its fundamentals are getting better and better, the level of investors is getting higher and higher, and the scale of funds is getting bigger and bigger, which further promotes its rise and enters a strong positive cycle.I saw an article two days ago that praised the "fundamentals" of Bitcoin, so I would like to share a paragraph with you:The sentence "The biggest risk of Bitcoin is that the price is too low" is correct, because if the total market value of Bitcoin is low, the fundamentals will be poor. There is a big trend but there is still time to wait. As prices continue to rise, the fundamentals are getting better and better, and the risks are getting smaller and higher.Let's put it this way, people who buy Bitcoin now must have a much better mentality than those who bought it for more than 3,000 US dollars at that time, even though their cost is more than ten times different.This is the magic of Bitcoin’s “fundamentals.”So don't worry about whether it will be unhealthy for bitcoin to rise and become more expensive? Will there be a bottleneck? Are you running out of space?
There is no need to worry, because the magical thing of Bitcoin is "the more it goes up, the more it can go up", and the fear is not that it will go up, but that it will not go up.So there is nothing to worry about when it keeps rising. Buy coins, take it easy, and work hard.
Fifty thousand dollars, just to start.
