The 4-year cycle in the cryptocurrency market has actually disappeared.
I know many of you want to sell at the peak of this bull market and buy back in next year's bear market.
I dare say that no one in the entire cryptocurrency market has ever achieved this.
As long as you sell Bitcoin, your Bitcoin will definitely become less and less.
The previous 4-year cycle in the cryptocurrency market was mainly caused by the halving of Bitcoin mining supply.
Most of the coins have already been mined now. The amount mined now can be easily digested by the market.
The current big pancake is not only digital gold but also a new type of asset that complements the credit of the US dollar.
Why does MicroStrategy insist on accumulating? Why do those people on Wall Street invest in Bitcoin through ETFs?
Essentially, they are all competing for the pricing power of future new assets.
Previously, Chen Zhi's 15 billion USD worth of Bitcoin was confiscated by the United States.
This is the hard-earned money of the people at the University of Tokyo who have been shocked by electricity; how expensive it is for them to buy coins. Why buy if they can legally rob, right?
Actually, this is a good thing, allowing the coins to concentrate. The United States wants to establish a Bitcoin reserve, so they won't sell coins.
Because the United States has grasped the pricing power of this new asset, it can supplement its damaged dollar credit.
They have no reason to sell. How many coins do retail investors have? How much can they dump?
So once the market corrects and fear sets in, it's time to buy coins.
A brief correction of 30-50% in BTC is normal because this is a free market. Wild fluctuations.
It is the norm.
A plunge in the financial market is not scary; the scariest thing is a gradual decline.
A sharp drop is meant to release concentrated risk. After this wave of sharp decline, the risks have actually been released.
In the past few days, there has been a sharp drop, but the trading volume of Bitcoin has been increasing. Who is buying again?
The next 10 years will still be the best assets for ordinary people to change their fate in this world.