Misunderstanding 1: The current market price of Bitcoin is due to the speculation of ETF. The hype is almost over.
Correct understanding: What kind of ETF does Bitcoin need? Do you think that your current market situation is brought about by ETF? You are too naive. ETF is just a cover, a reason, and a psychological hint for short sellers. In fact, Bitcoin’s rise is basically No external justification is needed.
Bitcoin is rising because it is Bitcoin! One of the greatest inventions in human history. Are the market values of even Apple and Microsoft inferior? Apple and Microsoft represent technological innovation and are tools for mankind, but Bitcoin represents innovation in thinking and changes the relationship between productivity. It is not a tool but the spark of civilization at the highest level. Bitcoin can rise because it is still too cheap. Bitcoin falls only because it has tired of rising.
Misunderstanding 2: The price has risen too much now, so we cannot chase the highs. There will be a big drop before the halving.
Correct understanding: Now is not chasing highs, now is buying lows. But you have ignored that if it were not for a series of super black swans last year, Bitcoin would not have fallen into the gold pit below $20,000.
Most people want to make money through Bitcoin’s capital spillover!
1. Ethereum, including many copycats, are all using the capital effect of Bitcoin to develop! As you can see from the market, this is the sucking effect of the big pie!
2. Project parties and retail investors, we all know that those who can be exchanges or project parties have accumulated resources and backgrounds in the past, so their ability to make money in the currency circle is higher, but they cannot bear risks and pressures. The level is also relatively high, and they also know that it is difficult to accumulate considerable status and wealth in the industry by simply investing and trading on your own. Therefore, only by being a carrier of big pie funds and participating in rounds of parabolas can Achieve the ultimate goal!
Many people who are engaged in projects are using the money earned from the projects to hoard Bitcoin or Ethereum. This must be something everyone knows! Although the retail investors who want to make fake money are the most free, making money is actually the most difficult. Retail investors are at the bottom of the capital spillover. If it is a game of who can run faster, each item on the exchange will be owned by retail investors, and retail investors will be the last to hear the starting gun! #BNBChain #BOME #ID #BTC
