Last night, I wrote a short essay predicting that BTC would drop by 50%, simply based on my personal experiences over the past few years and the illusion of frequent trading, leading me to make a prediction of a 50% drop for BTC.
I took a look at the short essay after posting it, and many people in the comments said I didn't understand, claiming that I've completely lost it, and even said that I don't have a clue about the capital behind this thing.
In any case, to summarize it in one sentence, these people have treated BTC as a divine existence, believing it to be a magical item that will one day break through 1 million US dollars each.
But in fact, looking at the development trajectory of BTC over the past few years, to put it nicely, it is an investment target and asset that people believe in; to put it harshly, it is merely a tool used to harvest the world’s people.